Financial institutions here are doing their bit. Besides the guidelines on responsible financing introduced by the Association of Banks in Singapore in 2015, Second Minister for Finance Lawrence Wong also announced last month that the government will push ... ( read original story ...)
1MDB fallout: Singapore’s central bank bans two more finance professionals
Singapore’s central bank on Tuesday said it had permanently barred Yeo Jiawei, a former wealth manager of Swiss bank BSI involved in breaches related to Malaysia’s 1MDB fund, from managing financial services firms and advisory activities. In July, a ... ( read original story ...)
Fintech Singapore 2017 in Review
In addition to collaborating closely with the private sector, the authority has initiated a number of projects of its own to be at the forefront of fintech and digital finance. Year 2017 was all about fostering collaboration, building Singapore’s fintech ... ( read original story ...)
Singapore bans two more finance execs for 1MDB-related money laundering breach
Singapore on Tuesday banned a jailed banker from working in its financial services industry for life over his links to the worldwide money-laundering scandal involving neighbouring Malaysia's state fund 1MDB. In a statement on Tuesday, the MAS said that it ... ( read original story ...)
Four Singapore IPOs raised $3.92b in Q3
NetLink NBN Trust's $2.3b "megadeal" boosted the lineup. Four initial public offerings (IPO) in Singapore raised up to $3.92b (US$2.9b) in Q3, which is 566% higher than last year's amount. According to Ernst and Young (EY), NetLink NBN Trust's $2.3b (US$1 ... ( read original story ...)
Bank of Singapore hires bankers to manage Middle East, Indian money
SINGAPORE (BLOOMBERG) - The private-banking arm of Oversea-Chinese Banking Corp is adding more staff in Dubai, as the Singapore lender seeks a greater role managing the money of the Middle East's wealthy and of Indians living overseas. Bank of Singapore ... ( read original story ...)
Eyeing overseas Indian wealth, Bank of Singapore to expand Dubai office
The private-banking arm of Oversea-Chinese Banking Corporation is adding more staff in Dubai, as the Singapore lender seeks a greater role managing the money of the Middle East’s wealthy and of Indians living overseas. Bank of Singapore plans to hire ... ( read original story ...)
5 Facts About Singapore-Listed REITs
Singaporeans love to invest in real estate. It is, therefore, no surprise that real estate investment trusts (REITs) have been a popular investment vehicle in Singapore since its debut in 2002. Without further ado, here are five interesting facts about ... ( read original story ...)
What changed market while you were sleeping
At 6.30 am, Nifty futures on the Singapore Stock Exchange were trading 31 points. Benchmark equity indices are seeing strong resistance at higher levels. Analysts believe there could be more consolidation on the indices and investors should rather focus on ... ( read original story ...)
Supporting Singapore’s growth
HSBC opened its doors in Singapore 140 years ago. The case for doing so for the (then) 12-year-old Hong Kong and Shanghai Bank was clear. The port of Singapore was the largest trading hub along the Calcutta to Hong Kong spice route, and so our first branch ... ( read original story ...)
Beware of fake Singapore Airlines, DBS phishing websites: Police
SINGAPORE - If you receive e-mails from DBS Bank or Singapore Airlines asking you for your personal information and credit card details, be on your guard as they may well be a phishing attempt, the police said in an advisory on Wednesday (Dec 20). ( read original story ...)
Police issue alert on fake DBS Bank, Singapore Airlines websites
Several reports have been made by victims of phishing websites after they responded to e-mails purportedly sent by DBS Bank or Singapore Airlines, said the police on Wednesday (20 December). In these cases, the victims would either receive an e-mail ... ( read original story ...)
Bank of S’pore hiring staff for Mid-East wealth
The private-banking arm of OCBC Bank is adding more staff in Dubai, as the Singapore lender seeks a greater role in managing the money of the Middle East's wealthy and of Indians living overseas. Bank of Singapore plans to hire about 20 relationship ... ( read original story ...)
Singapore issues another cautionary note on cryptocurrencies
Singapore banking regulator has issued yet another advisory note on investing in cryptocurrencies, reminding the public that these are not recognised as legal tender. The Monetary Authority of Singapore (MAS) said any investment in cryptocurrencies such as ... ( read original story ...)
Standard Chartered : Goes Live for US Dollar Gpi Services
SINGAPORE, Dec. 18-- The Society for Worldwide Interbank Financial Telecommunication issued the following news release: Standard Chartered today went live with its US Dollar (USD) SWIFT global payments innovation (gpi) services to extend its offering to ... ( read original story ...)
Bank of Singapore to add more Dubai staff in wealth drive
The private-banking arm of Oversea-Chinese Banking Corp is adding more staff in Dubai, as the Singapore lender seeks a greater role managing the money of the Middle East’s wealthy and of Indians living overseas. Bank of Singapore plans to hire about 20 ... ( read original story ...)