This comes less than a week after DBS and Citibank were hit by an outage that left online banking and payment services down for hours.
IPO Update: Trident Digital Tech Aims For Mini-IPO
Summary Trident Digital Tech Holdings is filing for an IPO to raise $16.88 million in gross proceeds. The company provides digital transformation services to small and medium businesses in Singapore.
Yangzijiang Financial’s CEO and Singapore CIO Toe Teow Heng resigns; its China CIO, Peng Xinkui, has also resigned
Vincent Toe Teow Heng, the CEO of Yangzijiang Financial and the chief investment officer (CIO) of its Singapore business, has resigned from the company.
Singapore can be philanthropic hub for South-east Asia, says social investor network
The country can play a key role in mobilising philanthropic funds for early-stage projects, AVPN noted . Read more at straitstimes.com.
Standard Chartered makes several appointments in its private banking business
Standard Chartered has announced several appointments in its private banking business. On Oct 20, the bank announced the appointment of Vinay Gandhi as its global head of South Asian community and ...
Standard Chartered appoints new heads for regional businesses
Standard Chartered has appointed Vinay Gandhi as its global head of South Asian community and regional head of Africa, Middle East and Europe private banking, the bank said in a statement on Friday.
DBS’s PayLah! down for some users earlier this morning
Less than a week after DBS’s customers suffered from service disruptions, some of DBS PayLah!’s users found themselves unable to access their digital wallet. In a Facebook post by DBS, the bank said ...
The UOB One Card Comes With 15% Cashback—And Now We Finally Know How It Works
Other credit cards have come, gone or been rebranded, but the UOB One Card is still going strong. This entry level credit card has a reputation for being one of the best cashback cards in town, with ...
DBS PayLah! resumes service after disruption on Friday morning
In an update at 12.51pm, DBS said PayLah! has returned to normal since 11.40am. Read more at straitstimes.com.
Standard Chartered appoints new regional heads of private banking
Standard Chartered Bank has named Vinay Gandhi as global head of South Asian community, and regional head of Africa, Middle East, and Europe, Private Banking. In his expanded role, Gandhi will be ...
Singapore banks Q3 2023 earnings
The three local banks are set to report their Q3 2023 earnings over coming weeks. Year-to-date performance reveals OCBC (+6.3%) as the only one out of the trio in positive territory, while DBS (-1.7%) ...
Ed Sheeran to perform in Singapore on Feb 16
British singer-songwriter Ed Sheeran is finally bringing his international + - = ÷ x (Mathematics) tour to Singapore for one night only on Feb 16 2024 at the National Stadium.
DBS PayLah! down for some users, less than a week after banking services were disrupted
The bank advised users to use DBS digibank Scan & Pay and DBS/POSB debit or credit cards. Read more at straitstimes.com.
Beyond cash and property: HSBC joins fight for Australia’s ultrarich
HSBC is the latest bank to move private wealth advisers to Sydney, but global banks have a history of dipping in and out of the country.
DBS, Citi outage: MAS orders banks to conduct thorough investigation, supervisory actions to follow
MAS also said customers can benefit from having alternative payment providers and carrying some cash as a contingency.
UPDATE 1-Singapore’s central bank tells DBS, Citibank to investigate system outage
Oct 19 (Reuters) - The Monetary Authority of Singapore (MAS) on Thursday told DBS Group Holdings' unit DBS Bank and Citibank Singapore to conduct a thorough investigation after they failed to recover ...