DBS says rich Asians hoarding cash

Wealthy people in Asia are readying cash to take advantage of opportunities in financial markets and private equity once the COVID-19 pandemic subsides, the head of private banking at Southeast Asia’s ... ( read original story ...)

UOB, DBS debut more Sora-pegged loan products

Singapore banks are debuting more loan products pegged to the Singapore Overnight Rate Average (Sora), helping in the transition to Sora as the new benchmark interest rate.. Read more at straitstimes. ( read original story ...)