Singapore

DBS launches multi family office platform

DBS launches multi family office platform

The bank is already in talks with over 20 clients and prospects across Asia.

UBS, Credit Suisse SG operations "uninterrupted" post-acquisition: MAS

Both banks will operate on separate licences in Singapore.

How Maybank SG's YES fuels tech growth of new SMEs

Over 500 business owners discover a groundbreaking e-financing solution that empowers SMEs to thrive in the digital age.

OCBC to remain strong and stable through 2024: Moody’s

Asset quality and nonperforming loans will likely remain between 1% to 1.5% in 2023-2024. 

MAS to set expectations on credible transition planning

The guidance will cover FIs governance frameworks in managing climate-related financial risks.

Circle Singapore secures MPI license from MAS

The company can now provide digital payment token services, cross-border money transfers, amongst others services.

Banking on customer experience

By Ricky Kapur, Head of Asia Pacific, Zoom

MAS slams 6 ex-Great Eastern financial advisers with prohibition orders

This follows after the six individuals were convicted of tax evasion.

MAS grants Wallex new services in addition to MPI license

The new services come on top of its Major Payment Institution (MPI) license.

Winnie Chen named BNY Mellon's Singapore chief executive

This is in addition to her role as APAC Head of Treasury Services.

StanChart, SFA unveil paper exploring DLT-use in supply chain payments

The publication explores stakeholder collaboration for improved payment transparency in supply chains.

Worldpay terminates OxPay deal over alleged clause breach

The termination could affect the company's financial standing end-2023.

Singapore’s finance and insurance industry shrank 0.9% in Q1

Banks saw a decline in net fees and commissions during the first three months of 2023.

Atome’s buy now pay later service now available in Amazon Singapore

Customers can opt to pay in three installments with zero interest through Atome.

Singapore central bank boosts efforts for AI and data analytics skills

The central bank will aggregate skills demand and collaborate with financial institutions.