Singapore
Maybank SG, Fidelity International launch multi-asset fund
The fund is offered in three asset classes and will be made available in Q3 2024.
Maybank SG, Fidelity International launch multi-asset fund
The fund is offered in three asset classes and will be made available in Q3 2024.
Fintech Smile API accelerates loan approval process for financial inclusion
Smile API CEO Jerome Eger is committed not just to speed, but secured access to employment data.
Singapore, Japan renew bilateral swap arrangement
Singapore can swap up to $3b whilst Japan can swap up to US$1b.
1 in 4 Singaporeans concerned about payment fraud: study
Consumers want robust fraud protection when choosing their financial provider.
MAS bars ex-DBS rep from financial advisory work for 5 years
Hafiz was convicted to one count of abetting an offense on May 2022.
Digitalisation amplifies data and liquidity risks
Increasing interconnectivity increases complexity and opacity.
SGX FX onboard Rand Merchant Bank on buyside platform
RMB will offer liquidity services to the OTC FX buyside platform.
Loan growth & higher fees prop up Singapore banks’ earnings in Q1
DBS’ and OCBC’s DPS are likely to rise in H2.
UOB appoints Mark Tan as head of internal audit in Hong Kong
Tan will oversee all audit functions for UOB Hong Kong.
Atome’s BNPL debuts on Taobao Singapore
Every Saturday, Atome shoppers can enjoy a $12 off for a $120 minimum spend.
MAS appoints trade minister Gan Kim Yong as new chairman
He will be replacing DPM Lawrence Wong.
OCBC launches $676.95m fixed rate subordinated notes
The notes will have a coupon of 5.52% annually.
SGX welcomes ETF tracking APAC financial institutions
It has S$47m in assets under management at launch.
Why banks need fintechs to buoy loan growth
Loan demand has doubled in Singapore, and fintechs can help onboard quality clients.
UOB grants 30,400 shares to eligible non-executive directors
The share awards are part of the directors’ remuneration for 2023.
OCBC logs record net profit of S$1.98b in Q1; EPS is S$1.76
Higher wealth management and insurance income pushed up fee income.
OCBC courts Great Eastern with S$1.4b offer
The bank plans to increase its investment beyond its current 88.44% stake.
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Technology to underpin future of financial services
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Banking Technology
Banks should boost their online infrastructure as digital assets become the norm.
Banks should boost their online infrastructure as digital assets become the norm.
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