KUALA LUMPUR (Reuters) -Liquidators seeking to recoup misappropriated funds from Malaysia's sovereign wealth fund 1MDB have filed legal proceedings against Standard Chartered Bank in Singapore over ...
Standard Chartered Sued in Singapore Over Alleged Role in 1MDB Fraud
Liquidators seeking to recover billions in misappropriated funds from Malaysias sovereign wealth fund, 1MDB, have launched legal action against Standard Chartered Bank in Singapore. The lawsuit, filed ...
KKR Launches Financial Advisory Platform in Singapore
Private-equity firm KKR has launched a new financial advisory platform in Singapore, aiming to support firms in enhancing their technology and strengthening customer management. The platform, Ascend ...
KKR starts financial advisory platform to widen choices for Singapore consumers
SINGAPORE] Global asset manager KKR has started a platform for financial advisory (FA) firms that will give customer more choices. Read more at The Business Times.
Three senior Mizuho FX/rates traders exit in Singapore, London
SINGAPORE] Three senior executives have left Mizuho Financial Group’s foreign-exchange and rates trading teams in Singapore and London, according to sources familiar with the matter. Read more at The ...
Liquidators seeking US$2.7 bil from Standard Chartered in lawsuit over 1MDB, FT reports
Liquidators seeking to recover funds from Malaysia’s investment fund, 1Malaysia Development Berhad (1MDB), has filed a claim for US$2.7 billion ($3.43 billion) against Standard Chartered, reported the ...
Standard Chartered hit with $2.7bn lawsuit over 1MDB scandal
Liquidators still trying to recoup billions of dollars siphoned from Malaysia’s sovereign wealth fund and then laundered ...
DBS’ PayLah! Brings Back Cashback, Meal Deals and Community Events for SG60
DBS/POSB is bringing back its weekly SGD 3 cashback offer for PayLah! users at hawker stalls, wet markets and heartland shops ...
Wealthtech Disrupts Singapore’s Investment Landscape as Digital Adoption Accelerates
Wealthtech is reshaping Singapore’s wealth management sector as both startups and incumbent financial institutions ramp up digital transformation to meet ...
Singapore police can now freeze bank accounts to protect scam victims
Singapore police now have the power to block scam-related financial transactions, as the Protection from Scams Act 2025 comes into force today, 1 July 2025.
From greater liquidity to flexibility: How insurance can be a good entry point to legacy planning
With long-term goals coming into sharper focus, HSBC Life Singapore CEO Harpreet Bindra shares how evolving needs are shaping the way people prepare for the future Read more at The Business Times.
Experts warn of possible deterioration in Singapore’s labour market
UOB cites falling recruitment and resignation rates as early warning signs. The labour market remains broadly stable, but experts warned of potential deterioration as vulnerabilities emerge. “The ...
Police can control bank accounts of scam victims in S’pore from July 1
SINGAPORE - The police will now have powers to control the bank accounts of stubborn scam victims in Singapore who insist they are not being scammed despite evidence showing otherwise.
Singapore to enforce new anti-scam law on Tuesday (July 1 ); move protect individuals targeted by scammers
Singapore's new law, which enables the police to better protect individuals targeted by ongoing scams, will come into effect on Tuesday (July 1), according to the Ministry of Home Affairs (MHA).
Anti-scam law that lets police freeze potential victims’ bank accounts to kick in on Jul 1: MHA
SINGAPORE] Singapore police will soon be able to restrict bank transfers of individuals suspected of being scam targets to better protect them, said the Ministry of Home Affairs (MHA). Read more at ...
Singapore consolidates payments networks under new entity
The initial members of the company are MAS and the Domestic Systemically Important Banks (D-SIBs)The D-SIBs are Citibank, DBS Bank ... Fast And Secure Transfers (FAST), Inter-bank GIRO System, ...