Financial Services

MAS bans ex-BSI Bank rep over $6.79m ‘secret profits' from 1MDB

Swampillai also made deliberate misrepresentations to 1MDB’s auditors.

MAS bans ex-BSI Bank rep over $6.79m ‘secret profits' from 1MDB

Swampillai also made deliberate misrepresentations to 1MDB’s auditors.

Goldman Sachs to pay US$122 over 1MDB scandal

They will also pay US$2.3 billion to the US government.

Most Singaporeans to immediately divest equities in market downturn

But they may have lost up to 18% of gains by jumping the gun.

DBS pilots online tracker for cross-border corporate collections

Clients in Singapore and Hong Kong will be the first to try the service.

Sabana REIT not negligent in duties: trustee

HSBC Institutional Trust Services rejects claim in a statement.

OCBC extends first SORA-based loan to energy sector

The $100m loan was made to a Sembcorp subsidiary.

IBF hailed as Jobs Development Partner for finance sector

IBF, MAS will conduct surveys on potential hiring, losses within the sector.

MAS keeps monetary policy unchanged in October

It expects Singapore’s growth momentum to remain weak in the near-term.

DBS to hold inaugural virtual career fair for women

The career fair will offer over 50 job opportunities.

SMU, Imperial College London float green finance research hub

It is supported by MAS and nine founding partners.

Etiqa Insurance appoints new CEO

Raymond Ong will succeed its now retired ex-CEO who served for 14 years.

CPF picks Great Eastern for enhanced DPS

Members up to age 60 will be covered for a $70,000 sum.

NZ's Delta Insurance floats cyber protection in Singapore, Asia

It will also distribute the product outside Asia Pacific.

MAS orders Wirecard to stop payment services in Singapore

All customer funds shall be returned by 14 October.

SOCASH expands OCBC's cardless ATM network to 1,500 stores

It allows cash withdrawal from supermarkets, convenience stores, and cafes.

AirAsia's Bigpay floats payments, remittance service in Singapore

It will launch its mobile app and prepaid Visa card in the next weeks.