Singapore’s glitzy financial skyline is currently facing unprecedented scrutiny. Not for its high-rise buildings or posh real estate, but for the uncomfortable spotlight on a money-laundering scandal ...
Singapore raises deposit insurance scheme to S$100,000 in April
Singapore’s central bank is increasing its deposit insurance coverage per depositor to a maximum of S$100,000 ($73,160) from April next year.
Woman finds $10 deal for fish fillets on Facebook, ends up losing over $44k to scammers
An online order for grouper fillets that was supposed to cost $10 ended up costing one woman more than $44,000 after scammers took control of her Android phone and banking details remotely. Read more ...
DBS clinches most investment banking fees in Singapore
Deutsche Bank is the top bank for M&As, whilst Citi took the largest share for ECM underwriting. DBS Group Holdings has captured the biggest share of investment banking fees in Singapore across the ...
Singapore’s investment banking fees decline on fewer M&As
Banks also recorded lower DCM fees compared to the first nine months of 2022. Banks in Singapore generated an estimated US$585.2m worth of investment banking fees in the first nine months of 2023, 20% ...
Singapore investment banking fees down 20% year to date, M&A value falls to decade low
INVESTMENT banking fees generated in the first three quarters of 2023 amounted to an estimated US$585.2 million, down 20 per cent compared with the first nine months of 2022, based on Refinitiv data ...
UOB Kay Hian ups SingPost’s TP to 51.5 cents after postage rate hike
With the postal rate hike, we now reckon that the domestic parcel and post (DPP) segment has reached a bottom." ...
Singapore’s Largest Money Laundering Case Sees Assets Worth $1.76bn Seized, includes Crypto
In what is being touted as Singapore's most significant money laundering operation, authorities reported a staggering increase in the total value of assets ...
Odyssey Makes a Splash at TOKEN2049 Summit in Singapore, Garnering High Market Attention
We provide diversified investment consulting, portfolio ... The post Odyssey Makes a Splash at TOKEN2049 Summit in Singapore, Garnering High Market Attention appeared first on Globe PR Wire.
JSW Infrastructure IPO opens on Monday. What GMP signals ahead of subscription
Ahead of the IPO, the company raised Rs 1,260 crore through the allotment of shares to anchor investors. The company has allotted 10,58,82,352 shares to anchor investors at Rs 119 apiece ...
OCBC reiterates ‘buy’ on Dyna-Mac, sees recent drop a ‘buying opportunity’
Ada Lim of OCBC Investment Research has reiterated her 'buy' call and 50.5 cents target price on Dyna-Mac Holdings.
Singapore banks tighten scrutiny of clients after money-laundering scandal
The Monetary Authority of Singapore, the central bank, sent a note last month to all financial institutions, including asset managers, instructing them to scrutinise dealings with the suspects as well ...
HSBC-backed Startup Silent Eight Eyes IPO, With Tremendous Potential Ahead
Singapore-based startup Silent Eight is harnessing the power of artificial intelligence (AI) to assist financial institutions in their battle against money laundering and other financial crimes. And ...
NTU, NUS, and Temasek to invest $75 million in commercialisation of deep tech ventures
Its Emerging Technologies team identifies disruptive technology investment opportunities addressing market inflections and helps to scale Singapore’s deep tech ecosystem by investing in and building ...
NTU, NUS, and Temasek to invest $75 million to accelerate commercialisation of deep tech ventures
The Nanyang Technological University, Singapore (NTU Singapore), the National University of Singapore (NUS), and Temasek have today signed a Memorandum of Understanding (MOU) to embark on a joint $75 ...
Woman loses over $44k after downloading third-party app to buy fish
Scammers increased her credit limits and siphoned out money from her bank accounts. Read more at straitstimes.com.