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Activist Hohn calls on Wirecard to remove CEO Markus Braun

FRANKFURT (BLOOMBERG) - Billionaire activist investor Christopher Hohn has called on Wirecard to remove chief executive officer Markus Braun after an independent audit of past revenues criticized the German payments processor for internal "shortcomings." The probe by KPMG was unable to obtain the data needed to verify revenues of 1 billion euros (S$1.54 billion) in transactions with third parties. Wirecard hired the accounting firm in October to look into its third-party partner business as well as operations in India and Singapore following a series of reports...
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Are dbs and posb the same

DBS and POSB are two of the most popular banks in Singapore, and many people often wonder if they are the same or not. Although both are part of the DBS Group, they are different entities with their own unique features and functions. DBS Bank is the largest bank in Southeast Asia and offers a wide range of banking and financial services. It caters to both individuals and businesses, providing services such as savings accounts, loans, credit cards, investment management, insurance, and more. It has branches all over Singapore and other countries in the region. ...
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DirectAsia Insurance

DirectAsia.com is Singapore’s leading online insurance firm , that gives customers a spread insurance plans for Car, Motorcycle, Travel, Term Life, Home, and private Accident. Company's insurance products and services Insurance Online Car Insurance SOS Car Insurance Low Mileage Car Insurance Motorcycle Insurance Travel Insurance Term Life Insurance Home Insurance Personal Accident Insurance DirectAsia main office location 88 South Bridge Road, Singapore 058716 Contacts Customer Care Hotline: 666 55555 Claim Hotline: 6532 18...
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where are outer banks located?

```html Discovering the Outer Banks: Where Are Outer Banks Located? If you've ever dreamed of a destination that combines breathtaking natural beauty with rich history and endless adventure, the Outer Banks are likely on your radar. But where are the Outer Banks located? This stunning stretch of barrier islands along the coast of North Carolina in the United States offers visitors a unique blend of serene beaches, wildlife sanctuaries, and historic sites. Let's dive into the specifics of this extraordinary locale. Geographical Location of the Outer Banks The Ou...
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ICICI Bank Singapore

ICICI Bank Singapore ICICI Bank Singapore is one of the other Indian banks that is operating in India for a very long time. The ICICI company is operating in 19 different countries and they have chosen Singapore as one of their main markets and they have fully understood the customs and needs of the Singapore citizens. That is why, they offer really extensive services and they carry out offering their services through various channels such as telephone banking, internet banking, ATMs, and branches. They have a limited amount of branches which is only limited to...
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Hsbc Singapore Branches and Opening Hours

In this section, you can find the HSBC Bank Branch Locations in Singapore which we have compiled just for our visitors. There are 11 branches in Singapore. It is possible to handle all of your transactions that you want to perform with your bank. Although HSBC Singapore may not have to most branches in the country when compared to the other banks operating in Singapore, you can be sure that they never give up from their understanding of quality service. If you are one of the clients of any HSBC branches in all around the world, you can expect the same quality t...
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OCBC Bank to hold virtual AGM on May 18, investors must pre-register by May 15

SINGAPORE (THE BUSINESS TIMES) - OCBC Bank's annual general meeting (AGM) will be held virtually on May 18, the lender told shareholders in an announcement on Sunday morning (April 26). The original date was axed amid the deadly Covid-19 pandemic that has put the nation under lockdown. It is the second local bank to state its plans, after DBS unveiled virtual AGM plans in mid-April. Earlier this month, OCBC said it would postpone the meeting, which had been scheduled for April 30, pending changes to the law and rules on safe distancing and AGM tele-confer...
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why are piggy banks shaped like pigs

Why Are Piggy Banks Shaped Like Pigs? Have you ever wondered why piggy banks are shaped like pigs and why they are called "piggy" banks? Let's delve into the interesting history behind this common household item. The Origins of Piggy Banks The concept of saving money in a pig-shaped container dates back to the Middle Ages in Europe. During that time, there were very few options for saving money securely. People would often keep their coins in jars or pots made of various materials like clay or metal. Why Pigs? So, why did the pig become the symbol f...
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StanChart eyes quick recovery as profit falls 12% on coronavirus crisis

HONG KONG/LONDON (REUTERS) - Standard Chartered's first-quarter profit tumbled 12 per cent on increased credit impairment and provisions for future loan losses as the coronavirus crisis hammered its borrowers, even as it expects an economic recovery later this year. The emerging markets-focussed lender's more positive tone contrasts with other European lenders that have posted earnings so far, saying it was seeing encouraging signs in China that the recovery could be yet more rapid than that. As a British-based lender focused on Asia, Africa and the Middle E...
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Premier Banks in Singapore

Singapore is home to a number of premier banks that offer a range of financial services to individuals, businesses, and corporations. These banks are known for their strong reputation, innovation, and commitment to customer service, and they play a crucial role in supporting the growth and development of the country's economy. DBS Bank is one of the premier banks in Singapore and is the largest bank in the country. With a focus on innovation and customer-centric services, DBS Bank offers a wide range of services including retail banking, wealth management, and ...
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Bank of Singapore

Bank of Singapore is subsidiary of OCBC Banks which is the second largest bank of the Southeast Asia. Bank of Singapore is hadquarted in Singapore and operates from a open economy. Bank of Singapore is the fastest growing private bank in the Asia. Parent company of Bank of Singapore, OCBC was found in 1932. OCBC is known for its financial strength and stability. It is one of the world’s most highly rated banks accordding to the Moody’s. Bank of Singapore continues to build relationship with their clients. Bank of Singapore Contact Information Bank of Singapo...
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why do banks have high debt to equity

```html Why Do Banks Have High Debt to Equity? In the complex world of finance, banks often exhibit a characteristic that might seem counterintuitive to many: a high debt to equity ratio. This financial metric, which compares a company's total liabilities to its shareholder equity, is a crucial indicator of financial health. But why do banks have high debt to equity ratios, and what does this mean for their operations and stability? Let's delve deeper into this intriguing topic. Understanding the Debt to Equity Ratio The debt to equity ratio is a financial rati...
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Top 5 Banking Trends in Singapore for 2025

As Singapore continues to cement its reputation as a global financial hub, the banking industry is evolving at an unprecedented pace. With digital transformation and fintech innovation at its core, the landscape is set for exciting changes in 2025. In this article, we explore the top five banking trends that will define Singapore’s financial ecosystem, offering insights that are both semantically rich and SEO-optimized to help you stay ahead of the curve. 1. Digital Transformation and Mobile Banking Evolution Digital transformation remains a cornerstone of...
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Elite Banks in the Lion City

The banking sector in Singapore is home to a number of elite banks that offer a range of financial services to individuals, businesses, and corporations. These banks are known for their strong reputation, innovation, and commitment to customer service, and they play a crucial role in supporting the growth and development of the country's economy. DBS Bank is one of the elite banks in the Lion City and is the largest bank in the country. With a focus on innovation and customer-centric services, DBS Bank offers a wide range of services including retail banking, w...
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how to apply for student loans

```html How to Apply for Student Loans: A Comprehensive Guide Embarking on the journey of higher education is an exciting venture, but it often comes with the question of financing your studies. For many students, applying for student loans is a crucial step in making their educational dreams a reality. In this guide, we will walk you through the process of how to apply for student loans, ensuring you have all the information you need to make informed decisions. Understanding the Types of Student Loans Before diving into the application process, it is essential...
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