Lenders aim to close loopholes used by criminals to launder $2.2b through Singapore banks Singapore’s government set up an inter-ministerial committee to review its anti-money laundering regime and ...
S$3 billion anti-money laundering bust wraps up with 10th and final individual jailed
IT WAS a whirlwind anti-money laundering bust involving billions of dollars that took Singapore by storm. Read more at The Business Times.
Standard Chartered opens global investment management group
In Singapore, Standard Chartered Bank has launched its inaugural variable capital company (VCC). The bank is able to provide a number of funds to provide its clients with exclusive access to ...
StanChart Launches New Investment Company for High-Net-Worth Clients
Standard Chartered Bank has created a new investment company in Singapore called Standard Chartered Funds VCC (SC Fund).
Ixigo IPO opens today: Check issue size, price band, GMP
Ixigo raised Rs 333 crore from anchor investors, including Nomura, Morgan Stanley, 3P India Equity Fund, HDFC Mutual Fund, Motilal Oswal Mutual Fund, the Government of Singapore, and Tata Investment ...
StanChart sets up first global fund management entity in S’pore to serve high-net-worth clients
SINGAPORE – Standard Chartered Bank has set up its first variable capital company (VCC) in Singapore to cater to affluent clients globally. The Standard Chartered Funds VCC, or the SC Fund, is a new ...
Singapore banks probe rich clients after S$3bil money laundering case
SINGAPORE: Citigroup, DBS Group Holdings and other banks caught up in Singapore’s biggest money-laundering scandal are ramping up scrutiny of their wealthy customers and potential clients to avoid ...
Ixigo IPO opens for subscription: What GMP signals ahead of issue launch
Le Travenues Technology, which operates travel booking platform Ixigo, raised about ₹333 crore from anchor investors where Nomura, Morgan Stanley, Government of Singapore, 3P India Equity Fund, and ...
Standard Chartered sets up first global fund management entity in Singapore
The new entity will enable the bank to launch funds, allowing its clients exclusive access to unique investment strategies.
Standard Chartered seeks to grow international banking business; targets double-digit growth for affluent client base
The account threshold for the bank’s international clients will be kept consistent with its consumer banking business.
Ixigo IPO opens for subscription today: All you need to know before subscribing to the issue
T he initial public offer (IPO) of Le Travenues Technology- that operates travel platform Ixigo- opens for subscription today (June 10). Ahead of the issue opening, the company's shares-which are ...
4 Singapore Stocks Plunging to 52-Week Lows: Are They a Screaming Buy?
Here are four Singapore stocks that fell to their year-lows that could ... However, because of higher finance costs incurred as borrowings were refinanced in a higher interest rate environment, ...
Singapore banks probe rich clients after $3 billion money laundering case
SINGAPORE - Citigroup, DBS Group Holdings and other banks caught up in Singapore’s biggest money-laundering scandal are ramping up scrutiny of their wealthy customers and potential clients to avoid ...
Singapore Banks Probe Rich Clients After Money-Laundering Case
(Bloomberg) -- Citigroup Inc., DBS Group Holdings Ltd. and other banks caught up in Singapore’s biggest money-laundering scandal are ramping up scrutiny of their wealthy customers and potential ...
The banks that hold most money in Singapore largest laundering scandal
In a Singapore courtroom on Friday, the last of those arrested for their involvement in the nation’s biggest laundering case pleaded guilty, paving the way for the next steps in the S$3 billion ...
OCBC going bigger on tech as it looks to support Chinese firms doing business with Asean
The bank will be hiring 300 highly-skilled software engineers in China over the next three years. Read more at straitstimes.com.