A 41-year-old former chief investment officer and managing director of the now-defunct fund manager One Asia Investment Partners (OAIP) was on Thursday charged with two counts of engaging in acts that were likely to defraud investors of a fixed income fund.
THE Monetary Authority of Singapore (MAS) has banned Kevin Michael Swampillai, the former head of the wealth management services department of BSI Bank Singapore, permanently from any regulated activity tied to securities dealing and financial advisory.
UBS, the world's largest wealth manager, is already seeing how long it would take for it to hit US$3 billion in full-year earnings from its Asia-Pacific operations, with 2020 earnings due to reach US$2 billion with ease.
UBS, the world's largest wealth manager, is already seeing how long it would take for it to hit US$3 billion in earnings from its Asia-Pacific operations, with full-year earnings due to easily hit US$2 billion by the end of 2020.
MASTERCARD, Singapore fintech MatchMove and tech company Idemia are working together to develop a card that will allow fingerprint authorisation at in-store payment terminals in Asia, in a bid to enhance the safety and security of contactless transactions.
SUSTAINABILITY is fast gaining traction in Singapore's capital markets, with the Republic's investors and issuers among the world's most enthusiastic about sustainable infrastructure investment, according to a recent survey by HSBC.
