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Tag: finance

Posted on 27/10/2025

HSBC takes $1.4 billion hit on Madoff fraud litigation

It joins other global banks unexpectedly hit recently with ballooning costs on various cases dating back years. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 27/10/2025

DBS Rewards Can Now Be Used for Mastercard’s Gaming Credits

DBS cardholders can now redeem their DBS Points for gaming credits through Mastercard Gamer Exchange across major titles and platforms.

Posted on 27/10/2025

DBS, Maybank, OCBC extend $500 mil transition loan to YTL PowerSeraya

While eight prior deals have been retroactively mapped to the Singapore-Asia Taxonomy, this marks Singapore’s first new transition finance deal aligned with MAS’s framework.

Posted on 27/10/2025

How green should a green loan be? DBS, OCBC’s loan to Hong Leong tests limits of sustainable finance

The loan for the Tengah project highlights complexities in sustainable finance, where adherence to established frameworks may not mean alignment with broader ecological or social expectations Read ...

Posted on 26/10/2025

The Global Gathering of Policy, Finance, and Technology

The Global Gathering of Policy, Finance, and Technology. The Singapore FinTech Festival (SFF) is a global nexus where policy, finance, and technology communities converge. Designe ...

Posted on 26/10/2025

Bank of Singapore to host invite-only pickleball corporate challenge at National Stadium in 2026

OCBC Bank, BOS and Great Eastern will partner the Sports Hub to host one of South-east Asia’s largest pickleball tournaments in the third quarter of next year Read more at The Business Times.

Posted on 26/10/2025

OCBC Group partners with the Singapore Sports Hub to host one of Southeast Asia’s largest pickleball tournaments next year

SINGAPORE: OCBC Group is partnering with the Singapore Sports Hub to host one of Southeast Asia’s largest pickleball tournaments at the National Stadium next year, supported by OCBC Bank, Bank of ...

Posted on 26/10/2025

ASEAN positioned as strategic hub for FDI amid global supply chain shifts: UOB

ASEAN stands to gain from major realignments in global supply chains, with opportunities spanning manufacturing, digital infrastructure, and energy, according to Frederick Chin, Head of Group ...

Posted on 26/10/2025

‘Accused Used Forged Citibank Letter To Dupe Retired LT General Of ₹2.25 Crore’: Vashi Police

Navi Mumbai, October 25: A 42-year-old man, Arpit Gulabchand Khattod, has been arrested from Kanpur, Uttar Pradesh, for allegedly cheating a retired Lieutenant General from Delhi of ₹2.25 crore by ...

Posted on 26/10/2025

Ex-Citi banker jailed longest in Singapore laundering case

Wang Qiming, a former relationship manager at Citibank Singapore, was sentenced to 24 months in prison after he pleaded guilty to four out of 10 charges.

Posted on 25/10/2025

DBS predicts SGD to equal USD by 2040 & GDP to double in size

In a new report, DBS Group Research predicts that the Singapore dollar (SGD) exchange rate against the USD is expected to reach 1 to 1 before 2040, according to Reuters . The bank also expects ...

Posted on 25/10/2025

Singapore, China to establish national green and digital shipping corridor; pledge to deepen ties

SINGAPORE - Singapore and China have agreed to work together to decarbonise and digitalise shipping routes between the two countries, with the establishment of a national green and digital shipping ...

Posted on 25/10/2025

Eight dual-use pickleball courts to open at the Singapore Sports Hub from January 2026

This is part of a new pickleball programme launched by the OCBC Group and Kallang Alive Sport Management. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 25/10/2025

How UOB’s Wee Ee Cheong is planting the seeds for the next 90 years

The UOB CEO talks succession, acquisitions and the importance of preserving the bank's cultural 'trunk' - just like his beloved bonsai Wee Ee Cheong leans back in his chair in the boardroom of UOB ...

Posted on 25/10/2025

Ex-Citibank Manager Jailed 24 Months Over Role in S$3 Billion Money Laundering Scandal in Singapore

Su Haijin, Su Baolin, and Vang Shuiming — had all completed their sentences and were deported from Singapore earlier in 2024.

Posted on 24/10/2025

Singapore eyes tri-nation collaboration with Malaysia, Indonesia to attract investors to JS-SEZ, BBK islands

Singapore is exploring a tripartite collaboration with Malaysia and Indonesia to attract investors and businesses to the Johor-Singapore Special ...

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