Singapore
HSBC Singapore adopts phased reopening of branches
HSBC Singapore adopts phased reopening of branches
Physical financial and wealth management advisory services are available via appointment.
OCBC Singapore to reopen three branches, premier banking centre
This brings the total number of open branches to 27.
Singapore FinTech Association pilots self-assessment tool
It will help fintechs accelerate ventures with financial institutions.
Bank of Singapore appoints chief economist
Mansoor Mohi-uddin will be responsible for developing strategic views and research analyses.
Do fintechs need better marketing communications?
Singapore alone houses hundreds of fintech companies, ramping up competition.
Digital adoption of OCBC's wealth products jumped 40% in Q1
Virtual wealth advisory meetings will likely be the new normal.
Weekly Global News Wrap: ECB defends aggressive COVID measures; Risk-taking billionaires key to Credit Suisse growth
And Barclays poaches Gautam Chawla from Citigroup.
Chart of the Week: Health and safety concerns drive card payments growth in New Zealand
Card payments are expected to rise at a CAGR of 1.8% to $66b by 2024.
Singapore banks' risks abated as circuit breaker measures ease
Hong Kong’s political woes may also drive wealth business and deposits to the island’s banks.
MAS launches $1.75m global fintech innovation challenge
It comprises the MAS FinTech Awards and the Global FinTech Hackcelerator.
Bank of Singapore names new global head of products
Lim Leong Guan will concurrently be OCBC’s head of group wealth products.
Standard Chartered pilots credit card deals app CardsPal
The app has also partnered with Mastercard for exclusive promos.
MAS debunks report of large deposit flow from Hong Kong to Singapore
Don’t just refer to foreign currency deposits, Singapore's regulator said.
UOB reopens nine branches in Singapore starting 8 June
Two wealth banking centres are also reopening.
Finance firms must prepare for extended period of risk management: MAS
Close to 85% of the financial industry worked from home during the circuit breaker.
Standard Chartered names new global wealth management head
Standard Chartered has appointed Marc van de Walle as its new global head of wealth management effective 6 July, according to a press note.
Weekly Global News Wrap: Morgan Stanley shunned by Aramco for advisory role; JP Morgan, Barclays settle Mexico bond lawsuit
And Credit Suisse shrugs off oil & gas exposure.
Commentary
Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?