Posts by Liam Redmond
Catalist-listed MoneyMax proposes transfer to SGX mainboard
[ad_1] [SINGAPORE] Pawnbroker MoneyMax Financial Services is looking to transfer its listing to the mainboard of the Singapore Exchange (SGX), from its current listing on the Catalist board. A listing on the mainboard would enhance the long-term value for its shareholders, the company said in a bourse filing on Wednesday (Jan 14). The company said…
Read MoreHSBC plans risk transfer linked to 2 billion euros of corporate loans
[ad_1] It enables the bank to boost its solvency ratios and reduce reliance on less shareholder-friendly options [LONDON] HSBC is gauging investor demand for a significant risk transfer (SRT), tied to a portfolio of about two billion euros (S$3 billion) of investment-grade corporate loans. The size of the SRT is equivalent to about 10 per…
Read MoreCuring the woke mind virus – Dr. Gad Saad on avoiding liberal brain rot
[ad_1] Evolutionary psychologist and author Gad Saad sits down with Miranda Devine to talk about how the left has been brainwashed by the emotional parasite known as wokeism. He warns how America could be on a path to destruction (immigration, DEI, transgenderism) without people developing immunity to it and he tells Miranda exactly how that…
Read MoreWells Fargo posts higher profits after Fed scraps asset cap
[ad_1] Wells Fargo wrapped up 2025 with stronger profits, riding a wave of higher revenue from loans and fees as the US economy held steady and the bank looks to move past a years-long, Fed-imposed asset cap after a Wall Street scandal that involved the creation of fake accounts. The nation’s fourth-largest bank by assets…
Read MoreBank of America profit climbs as trading surges in volatile markets
[ad_1] [NEW YORK] Bank of America’s profit rose, as its traders brought in more revenue from spurred client activity in the fourth quarter due to increased volatility in the markets. Softening US labour demand, political gridlock and concerns over a potential AI-driven stock bubble rattled investors, prompting them to reshuffle their portfolios, while speculations about…
Read MoreHSBC considers selling Singapore insurance business: sources
[ad_1] [SINGAPORE] HSBC Holdings is exploring options for its insurance unit in Singapore, including a sale, people familiar with the matter said, following other business revamps globally under CEO Georges Elhedery. The bank and a financial adviser are working on a review of HSBC Life (Singapore), which could be valued at more than US$1 billion…
Read MoreHeavily armed federal agents ram down door of Timothy Busfield’s NY home in dramatic raid after he surrendered on child sex abuse charges
[ad_1] Heavily armed federal agents rammed down the door of actor Timothy Busfield’s upstate New York home in a dramatic raid on Tuesday — less than an hour after he turned himself into police in Albuquerque on child sex abuse charges, according to a report. At least ten US Marshal’s officers from the New York…
Read MoreTrump’s credit card cap will hurt consumers and economy: JPMorgan
[ad_1] It is a surprise move that has blindsided the industry, and has sent financial banking stocks tumbling [NEW YORK] Top JPMorgan executives, including chief executive officer Jamie Dimon, warned that US President Donald Trump’s proposed 10 per cent cap on credit card interest rates would severely hurt consumers, adding their voices to growing industry…
Read MoreCalifornia husband sues McDonald’s after ‘vagrant’ kills his wife in drive-thru
[ad_1] A California widower claimed McDonald’s workers watched and made no effort to save his wife’s life as she was fatally attacked by a “vagrant” in the drive-thru. Jose Juan Rangel filed a lawsuit against the fast-food chain and two franchise holders in Los Angeles Superior Court on Jan. 8, nearly two years after his…
Read MoreDBS unlocks S$1 billion in AI value in 2025
[ad_1] But as Singapore’s lenders seek to ride the wave, agentic artificial intelligence’s rise poses challenges for local banking talent [SINGAPORE] DBS notched up a one-third increase in economic value from its artificial intelligence (AI) initiatives to hit a record S$1 billion in 2025, according to the bank’s chief data and transformation officer Nimish Panchmatia.…
Read MoreToku seeks brand recognition in fight with giants with Catalist listing
[ad_1] [SINGAPORE] A listing on the Catalist board of the Singapore Exchange (SGX) will raise the profile of Toku’s customer experience platform when it pitches to prospective large enterprise customers. “For any procurement team, it’s easier to explain after the whole process that you selected Cisco because it’s a known name… very different to say…
Read MoreCatalist-aspirant Toku to sell 65 million shares at S$0.25 apiece for its initial public offer
[ad_1] The company will raise net proceeds of S$13.7 million; post-listing, it will execute its expansion plans [SINGAPORE] A listing on the Catalist board of the Singapore Exchange (SGX) will raise the profile of Toku’s customer experience platform when it pitches to prospective large enterprise customers. “For any procurement team, it’s easier to explain after…
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