Singapore

Singapore’s big banks aim for 96% emissions cut by 2050

DBS, OCBC, and UOB have set S$200b loan portfolio emissions targets.

Singapore’s big banks aim for 96% emissions cut by 2050

DBS, OCBC, and UOB have set S$200b loan portfolio emissions targets.

ANEXT Bank boosts cross-border transactions sixfold

About 69% of its customer base are micro businesses.

HSBC Singapore to open three wealth centres by 2025

The bank aims to boost client-facing roles by more than a third by 2028.

JCB and Mandai Wildlife Group offer 50% discount to cardholders

The ticket covers three parks, including Singapore Zoo.

Maybank SG offers boost to charities with special rates, network opportunities

Charities in the city may also avail of an interest-free grant of up to SG$150,000 (US$111,000)

Bank of Singapore appoints first chief portfolio strategist

Owi Ruivivar’s role will boost asset allocation strategy.

Banks most vulnerable to illegal trade financing – MAS

Env Crimes generate between $110b-$281b in criminal gains yearly.

Singapore expands scope of guidelines on fair dealing

It now covers all financial institutions and all the products and services offered.

Bank of Singapore forms CIO advisory council with Goldman Sachs, BlackRock execs

The 8 members have reportedly weathered the 2008 GFC and the 2020 pandemic downturn.

Singapore HNWs says current investment returns have “room to grow”

Almost 1 in 2 are frustrated from their portfolios’ “generally underwhelming” performance.

Maybank SG, Fidelity International launch multi-asset fund

The fund is offered in three asset classes and will be made available in Q3 2024.

Fintech Smile API accelerates loan approval process for financial inclusion

Smile API CEO Jerome Eger is committed not just to speed, but secured access to employment data.

Singapore, Japan renew bilateral swap arrangement

Singapore can swap up to $3b whilst Japan can swap up to US$1b.

1 in 4 Singaporeans concerned about payment fraud: study

Consumers want robust fraud protection when choosing their financial provider.

MAS bars ex-DBS rep from financial advisory work for 5 years

Hafiz was convicted to one count of abetting an offense on May 2022.

Digitalisation amplifies data and liquidity risks

Increasing interconnectivity increases complexity and opacity.

SGX FX onboard Rand Merchant Bank on buyside platform

RMB will offer liquidity services to the OTC FX buyside platform.