MAS has directed DBS to conduct an assessment of the staff, processes, and technology supporting its digital banking services.
Shanghai, Singapore Ink Record 15 Agreements as Bilateral Trade Grows
Local companies deepened ties with their Shanghai counterparts on Monday, with the signing of a slew of agreements across a broad swathe of sectors as bilateral trade rose. According to official data, ...
Former assistant finance manager jailed for embezzling S$5.1 million from company
SINGAPORE: A former assistant finance manager of an IT equipment company was sentenced to 10 years' jail on Tuesday (Apr 25) for embezzling S$5.1 million (US$3.8 million) from his firm. Singaporean Ho ...
Ex-assistant finance manager who stole more than $5m from then employer gets 10 years’ jail
A former assistant finance manager who misappropriated with more than $5 million from his then employer was sentenced to 10 years’ jail on Tuesday. Read more at straitstimes.com.
GXS digital bank launches flexible loans that lets customers borrow as little as $200
GXS Bank, the digital lender backed by Grab and Singtel, is now offering personal loans as low as $200 to cater to what it sees are underserved segments of the population. The loan tenure or duration ...
Singapore’s Cosmose AI raises funds; valuation jumps to $500m
Although Cosmose AI did not disclose details, its valuation hit $500 million after Near's investment -- $400 million more than after a $15 million Series A round in September 2020.
Mankind Pharma IPO opens today: Check GMP, price band, other details here
Mankind Pharma IPO listing date: The IPO will likely list on NSE and BSE on May 8. Mankind Pharma IPO lot size: One lot of the IPO will have 13 shares, and an investor is allowed to bid for at least ...
9 men who gave their bank accounts to criminal syndicates charged with money mule offences
The men were arrested for their suspected involvement in various scams, including China officials impersonation scams, rental scams and bank phishing scams. Read more at straitstimes.com.
HSBC Singapore, MSIG enter 15-year bancassurance partnership
MSIG will distribute commercial and personal insurance solutions to HSBC’s SG customers. HSBC has entered into a 15-year general insurance distribution agreement with MSIG Insurance. Under the ...
MSIG Insurance grows bancassurance business with an exclusive 15-year deal with HSBC in Singapore
The partnership will foster synergies between two financial leaders in delivering bespoke experience for customers purchasing general insurance. To meet customers' evolving general insurance needs, ...
Singapore: Life Insurer Prudential Expands Distribution Network with Launch of Financial Advisory Unit
Life insurer Prudential Singapore announced the official launch of Prudential Financial Advisers (PFA), its financial advisory arm.
Singapore core inflation rises slightly less than forecast
SINGAPORE: Singapore’s key consumer price gauge rose 5% in March, slightly lower than economists’ forecasts, official data shows.
Mankind Pharma IPO subscription opens today; how to apply online | Check listing date on BSE, NSE, share price, lot size and price band
Mankind Pharma IPO subscription opens today: The Mankind Pharma IPO opens for subscription today on April 25 (Tuesday). The company on Monday informed the exchanges that it has raised Rs 1,298 crore ...
Trust Bank Onboards Over 450,000 Customers in Five Months, Utilizing FICO Platform to Support Customer Onboarding
Singapore’s leading digital bank wins FICO® Decisions Award for Customer Onboarding and Management Trust Bank is using FICO ® Platform to incorporate strong risk management into an exceptional and ...
Mankind Pharma raises Rs 1,298 cr from anchor investors ahead of IPO
Canada Pension Plan Investment Board (CPPIB), the Government of Singapore, SBI Multi Cap Fund, and Fidelity Investment Trust were some investors who were allotted shares under the anchor quota ...
Mankind Pharma raises Rs 1,298 crore via anchor book ahead of IPO
Mankind Pharma announced on Monday that it raised Rs 1,298 crore from anchor investors, prior to the launch of its initial share sale scheduled for subscription starting from April 25.