Financial Services

iFAST Corp taps Terence Lin as new group CFO

His appointment is effective from 1 April.

UOB issues new senior notes due 2028

The notes will be issued under the US$30b Global Medium Term Note Programme.

Chocolate Finance completes March redemptions processing

The company said 100% of requests made during that period were paid out in full by the end of Friday, 21 March.

Funding Societies secures backing from Gobi Partners to drive SME fintech growth

The partnership will enhance Funding Societies’ tech-driven lending processes and risk management.

Chocolate Finance clears most withdrawal requests after halt

90% of March 10 withdrawals have been processed.

MoneyMax completes digital token issuance

The tokens are Series 011, Series 012, and Series 013.

Singlife, aberdeen launch new share class of global income bond fund

The fund invests substantially in global multi-sector bonds rated BBB and BB.

Banks’ profits to remain ‘stable’ this 2025

Meanwhile, problem loan ratios are expected to remain at 1% to 2%.

Singapore leads in card payment usage in Southeast Asia

Cards are the most widely accepted payment option.

Chocolate Finance, Allfunds reaffirm fund security and orderly withdrawals

Funds are securely held according to Singapore’s regulations.

Wee Ee Lim receives UOL and Haw Par shares from late father’s estate

Wee received 115 million shares in UOL and 1.64 million shares in Haw Par Corporation.

Saxo Bank now part of European financial group

The acquisition positions the group to expand its offering.

YouBiz, TikTok to boost financial efficiency for businesses

The collaboration aims to help e-commerce brands optimise advertising spending and reduce financial inefficiencies.

Is the digital wealth opportunity a zero-sum game for WealthTechs and banks?

As WealthTech breaks new ground within the high-net-worth individual (HNWI) sector and banks speed up their digital wealth offering, what does it take...