SINGAPOREAN R Shanmugaratnam faces two more charges over falsifying letters that misrepresented balances held by his company's escrow accounts as at March 31, 2016.
SOME unsavoury financial advisers have tried to upsell critical illness (CI) plans on exaggerated claims that more illnesses are due to be harder to claim - a move that has prompted the regulator to step in to put a stop to it.
SINGAPOREAN R Shanmugaratnam has been charged two more times for falsifying letters that misrepresented balances held by his company's escrow accounts as at March 31, 2016.
UNITED Overseas Bank (UOB) is resuming full branch operations in Singapore on Thursday with the reopening of its remaning seven branches, concluding the final phase of its safe reopening branch plan amid the Covid-19 pandemic.
WHILE Singapore citizens account for 70 per cent of senior management roles in retail banks' local functions, the proportion comes down to about 43 per cent in relation to senior management jobs across the entire sector.
Keeping a “Singaporean core” in the workforce has returned to the spotlight, with the Monetary Authority of Singapore (MAS) urging financial institutions to continue identifying Singaporeans with potential for leadership roles.
THE Monetary Authority of Singapore (MAS) has issued five-year and three-year prohibition orders against former insurance agent Aw Yong Seng and former bank employee Johnny Chew Swee Sun respectively, for fraud and dishonest conduct.
TEMASEK's wholly-owned subsidiary Fullerton Financial Holdings (FFH) and Bank of China (BOC) on Tuesday jointly established the Bank of China-Fullerton Community Bank Co (BOC-Fullerton) in Xiong'An New District in China's Hebei province.
IN retail banks’ local functions, Singapore citizens account for seven in 10 of senior management roles, according to the Monetary Authority of Singapore’s (MAS) estimates.
