BUSINESS loans in Singapore extended its slide in May, mainly dragged down by weaker loans to financial institutions and general commerce, fresh data from the Monetary Authority of Singapore showed on Tuesday.
THE Bank for International Settlements (BIS) expects a growing number of global insolvencies over the next 12 months.
BANK lending in Singapore fell 0.6 per cent in May from a month ago on the back of broad weakness across all segments, preliminary data from the Monetary Authority of Singapore showed on Tuesday.
WIRECARD has informed the Monetary Authority of Singapore (MAS) that it is assessing its ability to provide services in the Republic in light of an insolvency filing in Germany by its parent company Wirecard AG.
UOB Asset Management (Taiwan), or UOBAM (Taiwan), on Tuesday launched a Singapore real estate investment trust (S-Reit) income fund targeted at Taiwan retail investors.
IN CONTINUED consolidation within the stockbroking industry, Phillip Securities is buying RHB Investment Bank Berhad's (RHBIB) Singapore stockbroking business in RHB Securities Singapore (RHBSS) for an undisclosed sum.
DBS on Monday launched a sustainable and transition finance framework and taxonomy, as it partners clients from key industries to transition to a low-carbon economy.
DENNIS Khoo, the head of UOB's TMRW digital group - which manages UOB's mobile-only bank operations under the TMRW brand - is leaving to "pursue other opportunities", the bank said on Monday.
THE head of the UOB's TMRW digital group, which manages the bank's mobile-only bank operations under the TMRW brand, is leaving the bank. UOB said on Monday that Dennis Khoo will be leaving it to "pursue other opportunities".
SINGAPORE Telecommunications (Singtel) has launched an insurance savings plan on its Dash app. The plan has no lock-in period and no penalties for withdrawals.