Singapore

The new group, Global Financial Markets (GFM), will be headed by Andrew Ng.

The feature has been used by 30,000 customers.

DBS may hike its quarterly dividend by 6 cents to return surplus capital.

Citibank has also pledged to restore 1,000 trees monthly over a two-year period.

Currently, 33 of its 41 manned branches have already clinched the rating.

The current card-based ticketing system will operate alongside the SimplyGO system.

Edmund Lee was formerly vice chairman of APAC for JP Morgan Chase & Co.

They must allot at least S$20,000 from their CPF ordinary accounts to the time deposit account.

There is a desire in the local population to increase private wealth, says UnaFinancial.

Around 38,000 accounts now make use of local banks’ money lock feature.

It accepts the majority of e-wallet QR payments and is expected to benefit hawkers and minimarts.

NETS FlashPay Cards can be exchanged for NETS Prepaid Cards at any 44 SimplyGo Ticket Offices.

The bank took home awards for Singapore International Cash Management Bank of the Year, Singapore International SME Partnership Initiative Bank of the Year, Syndicated Loan of the Year -  Singapore and Innovative Deal of the Year - Singapore.

About 41 individuals have fallen victim to scammers, with $2.6m in losses.

These clients deliver feedback and insights on initiatives and products.

It is effective from 1 January 2024 to 31 March.