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Tag: banking

Posted on 16/11/2023

$680k seized in anti-scam operation by police after tip-off from DBS bank; 5 nabbed

Five people suspected of being money mules were arrested in an island-wide anti-scam operation by the police in November, during which $680,000 was seized. The five suspects are between 16 and 43 ...

Posted on 16/11/2023

Lion Trust Singapore Gets Rave Reviews From Clients Across the Globe and Boasts 4.8 Trustpilot Rating

Lion Trust is a Singapore-based global portal that has established itself as a leading provider of exclusive Initial Public Offerings (IPOs) to the retail investment sector. It prides itself on its ...

Posted on 16/11/2023

HSBC Business Go Insights and Networking Platform Debuts in Singapore

HSBC Business Go is designed to help businesses adjust to the changing market environment by facilitating idea and experience sharing.

Posted on 16/11/2023

Citibank Offers Exclusive Opportunity to Catch UEFA Champions League Final Live in London in Partnership with Mastercard®

One child from Singapore will accompany player onto the field during the final SINGAPORE, Nov. 16, 2023 /PRNewswire/ -- Citibank is launching its first football promotional campaign in Singapore, ...

Posted on 16/11/2023

PropertyGuru Appoints Ray Ferguson as Chairman of the Board With Effect From January 1, 2024

PropertyGuru Group Limited (NYSE: PGRU) (“PropertyGuru” or the “Company”), Southeast Asia’s leading 1 property technology (“PropTech”) company, today announced the appointment by the board of ...

Posted on 16/11/2023

CBA to Sell Stake in Indonesian Unit to Singapore’s OCBC

The agreement ended years of speculation over OCBC’s acquisition strategy in Indonesia, one of its four key markets. It also marked Chief Executive Officer Helen Wong’s first takeover since she took ...

Posted on 16/11/2023

OCBC to buy Indonesia’s Bank Commonwealth for $192 million

SINGAPORE - A subsidiary of OCBC will pay A$220 million (S$192.3 million) upfront to acquire Bank Commonwealth – the Indonesian subsidiary of the Commonwealth Bank of Australia (CBA). CBA on Thursday ...

Posted on 16/11/2023

Commonwealth Bank of Australia to sell 99% stake in Indonesian unit to OCBC

Commonwealth Bank of Australia (CBA) said on Thursday it has agreed to sell a 99 per cent stake in its Indonesian unit PT Bank Commonwealth (PTBC) to a local unit of Singapore's second-largest bank ...

Posted on 16/11/2023

OCBC Indonesia to buy over Commonwealth Bank’s stake in Indonesian subsidiary for A$220 mil

The Indonesian subsidiary of Oversea-Chinese Banking Corporation, PT Bank OCBC NISP Tbk (OCBC Indonesia), has agreed to buy Commonwealth Bank of Australia’s (CBA) 99% stake in CBA’s Indonesian banking ...

Posted on 16/11/2023

Singapore to Add Layer of Scrutiny to Significant Investments With New Bill

Once the bill passes, Singapore will join such countries as China, Japan, the U.S., Australia and the U.K., which have comparable investment regulations. Singapore has introduced a new Significant ...

Posted on 16/11/2023

Singapore Shares Predicted To Open In The Green

The Singapore stock market on Wednesday ended the two-day losing streak in which hit had fallen more than 30 points or 1 percent. The ...

Posted on 16/11/2023

Singapore to pilot use of wholesale CBCDs in 2024: Menon

MAS is also rolling out GPRNT.AI, an ESG data platform for financial institutions. Singapore will be piloting the live issuance and use of wholesale central bank digital currencies in 2024, a top ...

Posted on 16/11/2023

7 Takeaways From President Tharman Shanmugaratnam’s Fireside Chat At The Singapore FinTech Festival (SFF) 2023

The current technology revolution with AI will not only have a faster impact but also be more disruptive to cognitively skilled workers.

Posted on 16/11/2023

Standard Chartered launches tokenization platform in Singapore

SC Ventures, the fintech investment and venture arm of Standard Chartered, has launched a new tokenization platform, Libeara.

Posted on 16/11/2023

$680k seized, 5 held in anti-scam operation after DBS team’s tip-offs

Another 47 people are under investigation for their suspected involvement in scams. Read more at straitstimes.com.

Posted on 15/11/2023

Billion-dollar money laundering case: Accused at risk of cancer, say lawyers who suggest 24-hour surveillance

Su Baolin's lawyers alleged that Changi Prison's Complex Medical Centre does not provide adequate care for their client, who has a congenital heart condition.

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