Singapore
BNPL platforms risk losing trust by ignoring SFA Code of Conduct
BNPL platforms risk losing trust by ignoring SFA Code of Conduct
Under the Code of Conduct, BNPL providers need to show customers their ‘Trustmark’.
Standard Chartered launches Signature CIO funds
Minimum investment amount is S$1,000.
Citi names Tibor Pandi as Citi country officer for Singapore
Pandi has worked in Citi for 22 years.
Wilmar International bags US$200m sustainability-linked trade finance facility
It sealed the deal with Standard Chartered.
UOB to issue S$850m perpetual capital securities with 5.25% rate per annum
The distribution rate will reset on 19 January 2028 and every five years thereafter.
Bank of Singapore names ex-Goldman Sachs SG CEO as new chief
Jason Moo served as CEO of Goldman Sachs Singapore from 2017 to 2019.
CIMB Singapore offers online fixed deposit rates of up to 4.2% p.a.
Promotion is valid until 31 December 2022.
Standard Chartered upskills 8,000 Singapore employees through diSCover
The portal offers over 400 courses in specialist areas.
Weekly Global News Wrap: Cash use down to 15% of British shopping transactions; Goldman Sachs to cut senior bonuses
And Credit Suisse closes $4.25b capital raising.
9 in 10 finance professionals say open banking is a key part of a bank’s landscape
More than half said it’s now a “must-have” for banks.
DBS to launch IATA Pay in Hong Kong, Indonesia, Singapore
Airlines can access up to US$20b in savings from payment processing fees.
Go green using fit-for-gifting currency notes: MAS tells public
Residents are encouraged to use the Fit notes instead of new notes.
UOB transforms HR services with Workday’s Human Capital Management
Enhanced data analytics enables UOB to make improved real-time HR decisions.
Visa appoints Adeline Kim as Singapore, Brunei country manager
She was most recently head of data solutions for Asia Pacific.
Over 75% Singaporeans ‘definitely’ want better online banking services
The majority of Singaporeans now use mobiles apps for bank services.
MAS, BOJ renew bilateral local currency swap agreement
The two central banks can exchange local currencies of up to S$15b.
FinTechs to prioritise securing talent: PwC
Lack of domestic talent was cited amongst the main weaknesses in Singapore’s industry.
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1. UOB to take legal action against Yang Kee Logistics’ ex-CEO 2. OCBC to finance $10.9b of investments to UK growth sectors 3. Singapore’s financial sector turns to contract hiring for cost control 4. ANZ moves up incoming CEO Nuno Matos’ start date to May 12 5. India’s credit card spend slumps 9% MoM to 7-month lowResource Center
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Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
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