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Tag: banking

Posted on 01/07/2025

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 ...

Posted on 01/07/2025

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.

Posted on 01/07/2025

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 ...

Posted on 01/07/2025

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 ...

Posted on 01/07/2025

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 ...

Posted on 01/07/2025

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 ...

Posted on 01/07/2025

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 ...

Posted on 01/07/2025

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.

Posted on 01/07/2025

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.

Posted on 01/07/2025

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 ...

Posted on 01/07/2025

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.

Posted on 30/06/2025

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).

Posted on 30/06/2025

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 ...

Posted on 30/06/2025

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, ...

Posted on 30/06/2025

UOB lights up city skyline with world-record projection show for SG60 and 90th year

UOB marked its ninetieth birthday and Singapore’s sixty years of independence with a head-turning marketing spectacle that transformed UOB Plaza 1 into the world’s tallest, brightest and longest ...

Posted on 30/06/2025

DBS Paylah $3 cashback at hawker stalls, heartland shops returns from 12 July; Nearly 1 million Singaporean households to receive U-Save, S&CC rebates in July: Singapore live news

Scan to Pay stickers. The initiative is part of DBS/POSB’s latest slew of benefits to bolster customer savings and commemorate Singapore’s 60th birthday, the bank said in a statement on 29 June. Over ...

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