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Flash: Ant, Greenland-linked consortium win digital wholesale bank licences

Story to come.

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Ant Group, Greenland-linked consortium selected for digital wholesale bank licences

ANT Group's unit and a consortium comprising Greenland Financial Holdings Group, Linklogis Hong Kong Ltd, and Beijing Co-operative Equity Investment Fund Management, have been selected to receive the digital wholesale bank (DWB) licences in Singapore.

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Flash: Grab-Singtel wins digital full bank licence – sources

Story to come.

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Grab-Singtel, Sea selected for digital full bank licences

THE Grab-Singtel consortium and a wholly-owned entity from Sea Ltd have been selected to receive the digital full bank licences (DFBs) in Singapore, with the Monetary Authority of Singapore (MAS) saying the pair selected were "clearly stronger" than the rest of the pack.

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Who will be Singapore’s next digital banks?

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iFast says not aware of digital banking licence outcome as SGX queries trading activity

IFAST Corporation is not aware of the outcome of the results of the digital banking licence at this point in time, it said in an exchange filing on Friday afternoon, in response to a query by SGX.

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Most Singapore millennials find managing money difficult since start of Covid-19: StanChart

SIX in 10 Singapore millennials are finding it more challenging to manage their money since the start of the Covid-19 outbreak, according to a study by Standard Chartered (StanChart) on Friday.

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Singapore to tackle greenwashing, carbon trading, to boost sustainable finance: MAS

SINGAPORE plans to take a slice of the carbon trading market, while targeting the greenwashing that threatens the surprisingly unabated demand for sustainable finance.

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Gary Cohn channels Goldman minus self-awareness

FOUR years after leaving Goldman Sachs, Gary Cohn seems to have retained the Wall Street firm's sharp elbows. The former chief operating officer is reluctant to return a bonus of around US$10 million as atonement for Goldman's 1MDB scandal, which happened when he was a senior executive....

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UOB pioneers new AI solution for anti-money laundering surveillance

UOB is making use of a new artificial intelligence (AI) solution that is "highly accurate" in identifying suspicious transactions and connected parties as it combats increased sophistication in financial crime, it said in a media statement on Thursday.

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