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SINGAPORE will renew its loan commitments totalling US$3.58 billion to the International Monetary Fund (IMF).

THE COVID-19 pandemic has crimped business activity, but most private banks in Singapore continue to report growth in assets under management (AUM) and net new inflows, helped by wealthy clients' wholehearted embrace of digital services.

LYNN is an investment officer at a boutique fund management outfit in downtown Raffles Place. She has an advisory customer who has talked to her about giving approximately $300,000 to charity in the midst of the ongoing pandemic. Lynn is also treasurer of a not-forprofit organisation, which is...

AS WE approach the end of this long year fraught with disruption, it is only natural for us to look to 2021 with hopes for a return to normalcy. But even as many industries recalibrate and adapt to the events of 2020, Singapore's banking industry faces significant changes...

ANT Group's latest regulatory woes in China are unlikely to derail its digital bank plans here in Singapore, but the recent clampdown on the Chinese tech giants may hurt the advancement of the digital banking ecosystem in the long run, said analysts.

AS the sterling pound (GBP) settles to more sensible levels following Christmas eve's Brexit deal, analysts largely agree that the pound's rally in the lead-up to the deal signing cannot be sustained, and any appreciation next year will be milder.

CHINA'S currency has been rising for the past six months, with analysts expecting more appreciation of the yuan well into 2021.

SINGAPORE'S first digital banks will need to focus on building trust and managing acquisition costs to succeed in the long run, analysts say.

The completion of the long-awaited Brexit trade deal comes just as UK markets closed for the Christmas break, but things are set fair for next year when liquidity returns.

INVESTMENT banking firm AMTD International, which is dual-listed in New York and Singapore, has promoted William Fung to chief executive officer (CEO), succeeding Calvin Choi.