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Tag: banking

Posted on 26/11/2025

Singapore’s Temasek-owned Seviora to integrate Pavilion Capital, lifting its assets to a whopping US$72 billion

Temasek-owned Seviora Group said on Wednesday it would integrate Pavilion Capital into its platform to build a leading Asia-based asset management group, lifting combined assets under management to ...

Posted on 26/11/2025

Surgical tech firm UltraGreen.ai launches IPO to raise over US$400 million

The proceeds will be used to develop the company's products and support its expansion into new markets. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 26/11/2025

Man admits to being part of Sarawak syndicate harvesting Singapore bank accounts for illegal use

Tan Kang Yung started out as a money mule and later became a handler, guiding money mules to Singapore to open bank accounts.

Posted on 26/11/2025

Malaysian man pleads guilty to helping Sarawak-based syndicate exploit Singapore bank accounts

A Malaysian man has admitted to participating in a Sarawak-based criminal syndicate that harvested Singapore bank accounts for illegal use by online ...

Posted on 26/11/2025

DBS and CGS maintain ‘buy’ call for Seatrium after FPU contract win

Analysts from DBS and CGS International remain upbeat on Seatrium’s prospects after the offshore and marine player announced it won a second contract to build a floating production unit (FPU) for bp.

Posted on 26/11/2025

Lion Global Investors debuts Singapore’s first insured physical gold fund

Lion Global Investors has launched the first physical gold fund insured and stored in Singapore, offering retail investors a new method to invest in the precious metal.

Posted on 26/11/2025

Singapore Became the Most Powerful City on Earth

How can a country smaller than most cities play such a huge role in the global economy? In this video, we dive into how Singapore went from a struggling island to one of the most powerful financial ...

Posted on 26/11/2025

DBS revises Alliance Bank stake proposal to 30% for Malaysian approval

The initial request of DBS for 49% stake acquisition in Alliance Bank would have required a waiver from Bank Negara Malaysia.

Posted on 26/11/2025

Singapore court clears way for US$2.7 billion suit against Standard Chartered over alleged role in 1MDB fraud

SINGAPORE: A Singapore court has cleared the way for a US$2.7 billion lawsuit against Standard Chartered Bank over its alleged role in 1MDB fraud, liquidators seeking to recover the funds said ...

Posted on 25/11/2025

Amova, Eastspring target growth in Singapore’s small and mid-cap stocks

They are among the second batch of six fund managers selected by MAS to receive $2.85 billion for investing in local stocks. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 25/11/2025

Singapore court allows $2.7 billion lawsuit against Standard Chartered over 1MDB

The Singapore High Court dismissed the bank’s attempt to strike out the case, a move the liquidators called a “significant legal ...

Posted on 25/11/2025

Lion Global launches Singapore’s first physical gold fund with min. investment amount of $1

Investors in Singapore may start investing in Singapore’s first physical gold fund launched by Lion Global, with MariBank customers being able to start investing from as low as $1. Gold prices shot ...

Posted on 25/11/2025

OCBC’s Lion Global Investors launches Singapore’s first physical gold fund

It seeks to track the performance of London Bullion Market Association Gold Price AM Read more at The Business Times.

Posted on 25/11/2025

Lion Global Investors Unveils First Insured Physical Gold Fund Vaulted in Singapore, Strengthening the Nation’s Role as a Leading Gold Hub

The LionGlobal Singapore Physical Gold Fund is Singapore's first gold fund that is backed by physical gold, insured and securely vaulted in Singapore. Launched in celebration of Singapore's 60th ...

Posted on 25/11/2025

UOB prices 850 million euro bonds due 2030 at 2.718%

[SINGAPORE] UOB : U11 -0.15% said on Tuesday (Nov 25) that it has priced 850 million euros (S$1.3 billion) in fixed-rate covered bonds due 2030. The covered bonds will bear interest at 2.718 per cent ...

Posted on 25/11/2025

UOB prices EUR850 mil worth of fixed rate covered bonds due 2030

United Overseas Bank (UOB) has priced EUR850 million ($1.28 billion) worth of fixed rate covered bonds. The bonds carry a coupon of 2.718% per annum and are payable annually in arrears. The bonds will ...

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