Financial Services
MP Pei Ling Tin joins DCS after Grab departure
She will lead DCS’ strategic partnership and business development team.
MP Pei Ling Tin joins DCS after Grab departure
She will lead DCS’ strategic partnership and business development team.
UOB joins LCH SwapClear and ForexClear as as direct clearing member
UOB is the first SEA bank to join ForexClear as a direct member.
Seatrium unit bags US$500m facility with a sustainability-linked conversion option
Standard Chartered Bank issued the facility.
Regulatory caps on neobanks’ operations could stifle growth, expert warns
Despite questions arising from the recent rise of deposit caps in neobanks, incumbent banks are left unfazed.
Singapore’s fintech to contribute 3.6% in 2027
In 2022, the country also had the largest investment attractiveness at 41.1%.
Value of M&A deals drop 65% YoY in 9M23
The number of deals likewise declined.
Singapore named Asia’s top fintech hub, fourth globally
The Lion City attracted the highest level of VC investments, offering regulatory stability.
Singapore’s investment banking fees decline on fewer M&As
Banks also recorded lower DCM fees compared to the first nine months of 2022.
Geo Energy bags US$220m term loan
The company will use the loan to fund certain acquisitions.
For elusive crypto clarity, the world turns to Singapore
Last year, the collapse of Three Arrows Capital unfairly tainted Singapore’s reputation, among some casual observers, when news outlets across the...
Financial fitness is a major factor when it comes to the quality of life: Study
Developed markets scored lower than those in emerging markets.
Gov’t to inject $2.4b raised from first sovereign green bond to rail network expansion
The government has already allocated 30% of the funds raised.
More assets seized from foreigners allegedly linked to money laundering scheme
The total amount of seized assets increased to $2.4b.
Major retail banks in SG boost anti-malware security measures
In 1H23, scam victims have reported a loss of $334.5m.
DPT service providers face higher costs under MAS’ investor protection measures
MAS has required all providers to hold customers’ money and assets in a trust.
PM Lee Hsien Loong yearns for G20 nations to improve WTO, MDBs
Updating will keep up with the digital transformation and modern economy.
Robocash Group enters new phase as ‘UnaFinancial’
It plans to expand its services in the financial sector.
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