Financial Services

Syfe bids $55m to acquire Australia’s Selfwealth

Syfe bids $55m to acquire Australia’s Selfwealth

The deal will also provide Selfwealth customers with access to Syfe’s broader range of investment products and tech-driven solutions.

Singtel’s Optus bags $1.64b credit facility with 12 banks in Australia

The facility will be used to refinance existing credit facilities.

Most finance leaders worry about nonfinancial data integrity: EY

43% of Singapore finance leaders citing inconsistencies and 30% reporting difficulties related to data formats.

MAS extends Global-Asia bond grant scheme through 2029

Significant changes have been introduced to the scheme, including a per-issuance cap for eligible expenses.

More than half of S’poreans rely on social media for financial advice

Half believe social media has improved their financial knowledge.

SG banks to report ‘softer’ earnings for Q4

DBS may declare a special dividend, according to analysts.

DBS redeems $1b perpetual securities at 3.30% on 27 February

The securities were issued under the 2020 US$3b Global Medium Term Note Programme.

Alta, Stableton to expand investor access to private companies

Currently, the global unicorn market is valued at $4.7t.

S’poreans can save up to $500 monthly through digital optimisation: study

This includes maximising credit cards offer between 5% to 8% cashback.

Maybank to support Johor-Singapore economic zone

It aims on becoming the preferred financial institution for Malaysia-Singapore transactions.

OCBC Bank sells 33% stake in Hong Kong Life

The agreed sale price is HK$589.3m ($103m)

Far East H-Reit inks $157.15m sustainability-linked loan deals

The loan facility was obtained through its trustee, DBS Trustee Limited.

Singapore’s weak consumer demand stifles crypto adoption growth

Security concerns like hacking and fraud continue to deter wider consumer adoption of cryptocurrencies.

Singapore stablecoin framework to enhance adoption and stability

Singapore’s regulatory sandboxes and supportive frameworks continue to foster innovation in digital payments.

Maybank opens another ‘Instagrammable’ lifestyle branch 

Maybank Singapore's newest branch has a bright space that brings a sense of tranquility.

Singapore push versus phishing may increase compliance costs

Including e-commerce, social media, and ISPs in the mandate may be a wise move.