^STI - STI Index

SES - SES Delayed price. Currency in SGD
+3.86 (+0.12%)
At close: 5:10PM SGT
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Previous close3,176.57
Day's range3,172.64 - 3,189.31
52-week range3,102.73 - 3,641.65
Avg. volume228,767,053
  • MarketWatch3 months ago

    Banks want your deposits - and are willing to pay you for them

    Despite seven interest-rate increases by the Federal Reserve since 2015, many banks have resisted rewarding deposit customers with higher rates. In an effort to stanch deposit declines, lenders are offering new customers one-time payments of hundreds of dollars to open accounts. For the banks, these bonuses can have the benefit of being tucked away in obscure parts of earnings reports where they don’t weigh on closely followed profitability metrics.

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