Singapore
GXS Bank names former SGX president as group CEO
GXS Bank names former SGX president as group CEO
Since stepping down in 2019, Muthukrishan Ramaswami has served on the boards of GovTech Singapore and Temus.
IWG, Standard Chartered launch co-working space within bank branch
Spaces@SCB is located within the bank’s Serangoon Gardens branch.
Better rates, lower fees not enough for digital banks to make a profit: analyst
Those who can tap into their parents’ customer base have the best chance of success.
RHB Singapore offers 4.28% interest for its 12-month fixed deposit
The promotional rate is available only at RHB’s refreshed Cecil Branch and Premier Centre.
Singapore banks to report flattish Q4 22 earnings amidst slow global growth
NIMs will rise but the expansion could decelerate due to higher funding costs.
The Rapid Evolution of Digital Banking
Yves Roesti, Managing Partner and CEO, and Rahul Bansal, Associate Partner, Synpulse.
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.
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1. Franklin Templeton gets approval to launch first retail tokenised fund in Singapore 2. Singapore in talks with banks to enhance financing schemes for businesses 3. GXS Bank names Pei-Si Lai as group CEO 4. Banks feel pressure from private credit 5. SMBC names Luis Pereira as co-regional CIO for APACResource Center
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