Frances Gagua

Banks also recorded lower DCM fees compared to the first nine months of 2022.

Cracks in the financial ecosystem can erode confidence and deter foreign institutional investment. Recent occurrences, particularly the collapse of three small to mid-sized US banks in March 2023, serve as a stark reminder of the banking sector’s vulnerability and underscore the criticality of risk management and regulatory oversight. This leaves no room for complacency, even in economies such as Singapore, which has long prided itself as a bastion of economic stability.

The digital banking sector in Singapore has grown in importance over the years alongside the established banks, improving the quality of financial services, albeit in a competitive environment with one of the most stringent licensing and regulatory regimes.

Over 3,000 customers were affected.

The digital-only bank now has 7.13 million customers in total.

In case of trouble, MUFG has a high likelihood of getting government support.

Savings accounts with a daily account balance over HK$1m will enjoy a bonus rate.

Over 180 participants graced the 20+ sessions in the day-long event.

They hope to fund start-ups offering a range of climate tech solutions.

The Thai company plans to use proceeds for refinancing purposes.

Cardholders will get a $974 cashback if they spend $9,750 across a certain period.

It has reported the case to local authorities.

It has reported these sites to the local police and the HKMA.

Appointments were for Hong Kong, London, New York, and Mumbai.

New users who top up S$50 will receive S$40 off iShopChangi purchases.

Authorities issued 18 prohibition orders and logged a total of 39 criminal convictions.