SINGAPORE] DBS Group Research hiked iFast’s price target to S$10.88 from S$10.23, while reiterating its “buy” call, on Asia’s rising wealth as well as the company’s expanding wealth management ...
Singapore bank stocks tumble as STI drops 2% after US, Asia market retreat
SINGAPORE] Singapore shares tumbled in early trade on Tuesday (Mar 11) morning, joining Asia-wide declines as US markets dropped deep into negative territory on fears over tariffs and recession risks.
What is Chocolate Finance, who is its founder and how did it fall into a liquidity problem?
SINGAPORE] Financial services firm Chocolate Finance on Monday (Mar 10) temporarily suspended instant withdrawals due to “high demand”. A notice on its mobile app that the platform was experiencing an ...
Chocolate Finance suspends instant withdrawals, citing high demand
Financial services firm Chocolate Finance on March 10 suspended instant withdrawals, citing high demand. It said on its mobile app that it was experiencing an unusually high volume of withdrawal ...
Chocolate Finance suspends instant withdrawals, citing high volume of requests
Users making withdrawal requests during this time will have to wait between 3 and 10 days to get their money. Read more at straitstimes.com.
Chocolate Finance CEO says withdrawal issues can be traced back to ‘gaming’ of miles reward system
The financial services platform's instant withdrawal services will be reinstated when withdrawal requests slow down, founder and chief executive officer Walter de Oude tells CNA in an interview.
Singapore Firms Need Better Climate Reporting as New Rules Loom
Singapore’s listed companies need to improve climate disclosures as regulators are set to impose new standards starting this year, a new study has found.
HSBC Singapore Unveils an Exclusive International Lifestyle and Entertainment Platform for Premier Customers
HSBC Singapore has launched an exclusive entertainment and lifestyle platform aimed at enhancing the HSBC Premier Mastercard cardholder experience. The platform serves as a one-stop destination for ...
OCBC’s Iris Ng on championing SMEs and green financing
The banker worked on making capital loans more accessible to SMEs through embedded finance. Iris Ng’s two-decade journey to become managing director and head of emerging business for global commercial ...
Lady bankers need work-life balance: UOB’s Choo Wan Sim
The flight stewardess turned bank digital head also highlighted the importance of mentors. Ensuring that workers can balance their careers and family is the best support that banks can offer to ...
80% investors bullish on Singapore stocks—SIAS survey
Despite concerns over low dividends, modest capital gains, and weak market liquidity, investors remain bullish about local stocks, according to a ...
Chocolate Finance CEO says disabling of AXS payments was ‘communicated poorly’
A rush among users to withdraw funds forced the firm to temporarily suspend instant withdrawals, but founder and CEO Walter de Oude says “at no point is customer money at risk”.
Chocolate Finance halts instant withdrawals due to ‘high demand’
SINGAPORE: Chocolate Finance has temporarily suspended instant fund withdrawals due to "high demand", it said in a notice to customers on Monday (Mar 10). The financial services platform said that ...
Best Bank Offers in Singapore (Mar 2025): Lady Gaga Concert Presale, Up to 50% off Flights, and More
Everybody loves credit card sign-up promotions, but not many of us realise the promotions don’t end with a welcome gift. Banks actually shower us with tons of lifestyle deals and perks just for owning ...
Chocolate Finance Temporarily Suspends Instant Withdrawals
Singapore-based financial services platform Chocolate Finance has temporarily halted instant withdrawals due to a spike in customer requests ...
Bank of Singapore appoints Joey Tang as Hong Kong head of investment solutions group
SINGAPORE] Bank of Singapore (BOS) has appointed Joey Tang as Hong Kong head of investment solutions group, with immediate effect. Read more at The Business Times.