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Tag: finance

Posted on 29/07/2025

Singapore central bank fines DBS, Citibank, OCBC, Swiss Life over …

Singapore's central bank on Wednesday said it had imposed fines collectively worth S$3.8 million ($2.83 million) on lenders Citibank, DBS and OCBC and insurer Swiss Life, for breaching ...

Posted on 29/07/2025

Singapore charges 7 ex-Citibank bankers after switch | Reuters

Seven former Citibank bankers have been charged in a Singapore court for stealing clients' information before leaving to join rival bank UBS AG in 2006, Singapore police said on Thursday.

Posted on 29/07/2025

Citibank Singapore customers get identity protection service

SINGAPORE--Citibank Singapore, life assistance provider Card Protection Plan (CPP) and credit reference agency Credit Bureau (Singapore), have partnered to offer the bank's customers an identity ...

Posted on 29/07/2025

Citibank Releases Biometric Finger Scanning Payment System – Gizmodo

Citibank has developed a system of payment that uses a person's fingerprint as the conduit of sale. Over in the high-tech wonderland of Singapore, ...

Posted on 29/07/2025

Citibank Launches Card-Security Service In Singapore

Citibank Singapore has launched an identity-protection service for its credit card customers, a bank spokesperson tells CardLine Global. The bank worked with United Kingdom-based Card Protection Plan ...

Posted on 29/07/2025

Singapore launches electronic deferred payments to ease cheque phase-out

EDP and EDP+ will be available in seven banks’ digital banking platforms. The Association of Banks in Singapore (ABS) has launched two new electronic deferred payment (EDP) solutions for the ...

Posted on 29/07/2025

Singapore’s DBS and Standard Chartered are Leading a DLT based …

Singapore based DBS Bank Ltd, (), a multinational banking and financial services corporation with over $330 billion in assets, and Standard Chartered, a major British financial services provider ...

Posted on 28/07/2025

These were Singapore’s notable commercial property investment deals in Q2

Investment sales reached almost S$400m during the quarter. According to a Savills report, Singapore investment sales value for the commercial sector came to S$394.6 million in Q2/2025, weighed down by ...

Posted on 28/07/2025

Singapore hospitality investment sales up 14% to S$380m in Q2

BlackRock was the buyer in the two transactions recorded during the quarter. In a recent report, Savills revealed that Singapore’s hospitality sector recorded two serviced residence transactions in Q2 ...

Posted on 28/07/2025

Singapore bank gives customers ‘kill switch’ to freeze accounts … – ZDNET

Customers will need to call the Singapore bank's hotline and use option "8" to trigger the kill switch, OCBC said in a statement Wednesday. They also will be able to do so via the bank's network ...

Posted on 28/07/2025

‘Much-needed’ EQDP may benefit SGX-listed companies and REITs with market caps under $10 bil: OCBC Investment Research

As such, the team has put forth 13 names that could benefit from the EQDP. They are: Mapletree Logistics Trust (MLT), Keppel DC REIT, Parkway Life REIT (Plife REIT), Frasers Centrepoint Trust (FCT), ...

Posted on 28/07/2025

DBS Group’s board tells its chief exec: ‘Even the CEO’s job can be replaced by AI’

Even the CEO’s job can be replaced by AI.” That was the WhatsApp message DBS Group’s board sent Tan Su Shan on the day they named her chief executive of Southeast Asia’s largest and most profitable ...

Posted on 28/07/2025

DBS raises target price on AEM to $2.10 on FY2026 ‘turnaround story’

The DBS analysts' revised target price comes prior to the July 27 announcement of former-CEO Amy Leong's resignation and replacement by AEM group president and CTO, Same Kabbani.

Posted on 28/07/2025

Visit to Singapore aims to set record straight, rebuild investor confidence: Andhra Pradesh CM Chandrababu Naidu

Andhra Pradesh CM N. Chandrababu Naidu aims to rebuild investor trust in Singapore, fostering collaboration in key sectors.

Posted on 28/07/2025

Airwallex launches investment product to help businesses grow idle cash

The multi-currency product invests in money market funds. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 28/07/2025

Airwallex Debuts Investment Product for Singapore Businesses with MAS Approval

Airwallex has launched its investment product, Airwallex Yield, in Singapore following approval from MAS for a CMS license.

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