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Tag: banking

Posted on 20/08/2024

1 in 4 Gen Zs in Singapore does not save, invest or insure enough, says bank poll

The study said Gen Zs, or those aged 18 to 25, are the most unprepared out of all the age groups surveyed. Read more at straitstimes.com.

Posted on 20/08/2024

Singapore Offers Unemployment Support in Key Shift Ahead of Vote

Singapore Prime Minister Lawrence Wong announced new benefits for its citizens including unemployment support, housing and training grants and mandatory paternity leave months before a ballot that ...

Posted on 20/08/2024

How Much Should You Invest in an SEO Company in Singapore?

The most often used pricing structure is the monthly retainer, in this case you pay a set monthly fee for continuous SEO work. The nature and complexity of the work will determine whether monthly ...

Posted on 20/08/2024

Singapore’s Gen Z embrace the future of Gen AI banking for its potential to revolutionize the banking sector

Gen Z respondents are well-versed in the capabilities of Gen AI and are excited about its benefits and potential applications in banking ...

Posted on 19/08/2024

IPO Roundup: WeRide, Reitar Logtech and more

The U.S. IPO market continues with its August lull with investors, this week, awaiting Federal Reserve Chairman Jemore Powell's speech in Jackson Hole to look for cues regarding any potential rate ...

Posted on 19/08/2024

Bankers charged by Singapore were stars of race for China’s rich

LESS than two years out of college, Wang Qiming was making waves within Citibank Singapore by bringing in millions in deposits from his rich clients. Read more at The Business Times.

Posted on 19/08/2024

Who should pay for the new climate finance goal? The world’s super-rich, says a new study

Ahead of COP29 talks, an advocacy group finds that a 1.7 to 3.5 per cent tax on the world's richest 0.5 per cent could raise US$2.1 trillion of climate funds a year – with US$40 billion from Southeast ...

Posted on 19/08/2024

S’pore money laundering scandal shows dangers of wooing rich Chinese clients

Two former relationship managers were criminally charged last Thursday for allegedly facilitating the movement of illicit funds.

Posted on 19/08/2024

Singapore Bans Ex-HSBC Banker for 1 Year Over Disclosure Breach

The Monetary Authority of Singapore issued a one-year prohibition order against a former HSBC Bank representative after he failed to disclose his previous involvement in police investigations and ...

Posted on 19/08/2024

MAS issues 9-year prohibition order against ex-OCBC representative for misconduct

THE Monetary Authority of Singapore (MAS) on Monday (Aug 19) issued a nine-year prohibition order against Hoi Wei Kit, a former representative of OCBC, for misconduct. Read more at The Business Times.

Posted on 19/08/2024

1 in 4 Gen Zs in Singapore do not save, invest or insure enough, says bank poll

The study said Gen Zs, or those aged 18 to 25, are the most unprepared out of all the age groups surveyed. Read more at straitstimes.com.

Posted on 19/08/2024

Two-thirds of Singapore consumers optimistic about local economy, but over half lack financial preparedness: survey

SINGAPORE consumers are more optimistic about the local economy, with more than two-thirds of respondents (68 per cent) expressing confidence in the current economic environment. Read more at The ...

Posted on 19/08/2024

Money laundering syndicate based in JB busted by Singapore and Malaysia police

One of the 12 Malaysian nationals arrested was extradited to Singapore and charged on Aug 19. Read more at straitstimes.com.

Posted on 19/08/2024

Joint Malaysia-Singapore op nets money laundering cell

The suspect is believed to be responsible for bringing foreigners to Singapore to open bank accounts to facilitate money-laundering activities relating to scams' ...

Posted on 19/08/2024

UOB Study: Singapore consumers upbeat about economy and personal finances, but youths are unprepared financially

Singapore consumers are optimistic about their local economy and personal finances, but nagging inflation and gaps in financial preparedness among youth surfaced as pertinent issues in UOB's latest ...

Posted on 19/08/2024

NDR 2024: Up to US$4,574 in financial support over maximum of six months for those who lose jobs in Singapore

SINGAPORE: Workers who lose their jobs will get up to S$6,000 (US$4,574) in temporary financial support to tide them over through an upcoming scheme.

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