A number of employees in the mid- and senior-management levels are on the lookout for job opportunities ; many senior executives have already left, people with knowledge of the matter said. ( read original story ...)
Singapore sees place for cryptocurrencies such as Stablecoins, minister says
Cryptocurrencies have a place in Singapore ’s financial sector if these digital assets are regulated, according to the chairman of the nation’s central bank. “There may be a role for crypto in future ... ( read original story ...)
S’pore woman jailed over role in ruse that duped DBS Bank into disbursing $1.89m
Five other people had earlier been sent to jail over their roles in the DBS Cashline fraud.. Read more at straitstimes.com. ( read original story ...)
Singapore minister sees a place for crypto in Asia finance hub
Cryptocurrencies have a place in Singapore’s financial sector if these digital assets are regulated, according to the chairman of the nation’s central bank. ( read original story ...)
European asset manager Tikehau Capital files for SGX SPAC, set to be first on Singapore bourse
Pegasus Asia is likely to be the first out of the gate after the SGX released a framework allowing SPAC listings in early September. ( read original story ...)
UOB and Fave to transform traditional rewards and loyalty programmes
UOB have taken aim at disrupting the traditional banking rewards experience with the launch of UOB Rewards+, joining forces with Fave ... ( read original story ...)
DBS is the first bank in SEA to join Hedera Governing Council
DBS Bank, a financial services group based and listed in Singapore with a presence in 18 markets, has joined the Hedera Governing Council ... ( read original story ...)
Fertiglobe surges 20% in Abu Dhabi debut after $795m IPO
Fertiglobe Holdings, the fertiliser maker backed by US hedge fund investor Jeff Ubben and a Singapore wealth fund, jumped 20 percent on its trading debut following a $795 million initial public ... ( read original story ...)
Paytm to hike IPO size to Rs 18,300 crore as Alibaba’s Ant, other investors dilute more stake
The company had plans to raise a total of Rs 16,600 crore by issuing fresh equity worth Rs 8,300 crore and another Rs 8,300 crore through an offer-for-sale. ( read original story ...)
DBS Becomes First Southeast Asian Bank to Join Hedera Governing Council
Singapore’s DBS Bank has joined The Hedera Governing Council, the first Southeast Asian Lender to join the global grouping. The bank joins a council comprising 39 other technology, corporate and ... ( read original story ...)
DBS is First Bank in Southeast Asia to Join Hedera Governing Council and Run Network Node
DBS Bank, a leading financial services group headquartered and listed in Singapore with a presence in 18 markets, has joined the Hedera Governing Council, the group of diverse organizations ... ( read original story ...)
DBS Bank India completes maiden active loan switch ahead of LIBOR transition
In a bid to proactively adapt the new risk-free benchmarks on existing loans and derivatives, DBS Bank India has announced the first active transitioning of an existing loan and derivative ... ( read original story ...)
Banco OCBC Weng Hang, S.A. – Update
Fitch Ratings considers Macao-based Banco OCBC Weng Hang, S.A. (BWH) a key and integral subsidiary of Hong Kong-based OCBC Wing H ... ( read original story ...)
UOB joins forces with Fave to upend the traditional rewards and loyalty programme status quo
UOB have taken aim at disrupting the traditional banking rewards experience with the launch of UOB Rewards+, an initiative which also sees the Bank joining forces with Fave. This strategic alliance ... ( read original story ...)
Open banking startup Finverse wants to build the Asia-Pacific region’s Plaid
Based in Hong Kong, Finverse’s ambitious goal is to enable open banking throughout the Asia-Pacific region. The startup recently came out of stealth mode with $1.8 million in seed funding, and is now ... ( read original story ...)
Swiss Fintech Companies Show Increased Presence in Singapore
Swiss fintech startups continued pursuing their international ambitions with many choosing Singapore to enter the dynamic Southeast Asian market. These are building on Switzerland and Singapore’s long ... ( read original story ...)