Singapore
Standard Chartered faces legal battle over $2.7b fraud claims in 1MDB case
Standard Chartered faces legal battle over $2.7b fraud claims in 1MDB case
The liquidators alleged that it permitted over 100 transfers related to the scandal.
6 hours ago
OCBC app enables text resizing in English and Mandarin
About 70% of app screens have been covered in the initial rollout.
7 hours ago
MAS proposes revisions to PHS, complex products framework
Investment-Linked Policies (ILPs) will require a PHS under the proposals.
7 hours ago
DBS offers cardholder deals, rebates at over 680 retail outlets
These include partnerships with Cold Storage, CS Fresh, and 7-Eleven, amongst others.
1 day ago
Mizuho Bank began streaming prices on SGX FX
The bank aims to offer enhanced service and unprecedented access to real-time market data.
1 day ago
MAS fines five payment firms $960,000 for AML/CFT breaches
These breaches were uncovered during MAS' examinations for compliance.
3 days ago
Citi names Nathan Swami as head of markets for Singapore
Smith Smithangura is retiring by the end of June 2025.
Citi Singapore almost triples wealth transactions after digital revamp
Four of five clients use the bank’s mobile app regularly.
HSBC names Ishan Sarkar as head of WPS, Singapore
He is tasked with driving a differentiated wealth strategy for Singapore.
UOB becomes direct participant of China’s cross-border interbank payment system
UOB will provide one-stop cross border RMB clearing, settlement, and payments.
DBS partners with Austrade to help Australian companies expand into SEA
DBS will provide advisory services, financial planning, and risk management.
SG digital banks expand into investments and loans to boost profits
One problem they face is that many accounts remain inactive.
Singapore's banks leave more jobs unfilled as hiring slows
For every two people who resign, only one post gets replaced.
DBS first to accept CPF LIFE payouts for credit card applications
It aims to expand access to financial products for retirees and seniors receiving monthly payouts.
OCBC’s revised Great Eastern bid seen having limited financial impact: RHB
RHB maintained a ‘Neutral’ rating on OCBC with a target price of $17.50, representing a 7% upside.
DBS surpasses US$100b market cap
The bank’s market cap is over S$129.35b according to data from the SGX.
Digital token firms serving foreign clients must obtain a license: MAS
Without a license, they will need to cease operations by 30 June.
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AI, blockchain, and digital ecosystems drive industry reinvention in Jakarta.
