SINGAPORE'S financial sector has created 22,000 net jobs between 2015 and 2019, and of these, three out of four jobs went to locals, said a top official from the Monetary Authority of Singapore (MAS) on Wednesday.
HSBC Private Banking on Wednesday said it has appointed Ken Ng as its Singapore market head, and Gary Goh as its market head for Malaysia.
THE Covid-19 pandemic and the ongoing recession took a toll on insurance sales in Singapore in the first six months this year.
OCBC Bank and European asset manager Amundi on Tuesday launched a fund with an embedded dollar-cost-averaging (DCA) feature, said to be the first of its kind in Singapore.
THE Covid-19 pandemic and the ongoing recession took a toll on insurance sales in Singapore in the first six months this year.
LIKE the rest of us, the world's finance industry is still wrestling with the huge uncertainty of a pandemic that doesn't yet have an end. The sector's reputation took a battering after the financial crisis, and it's too early to say how things will go this time....
OCBC took a knife to its offshore support vessels exposure, providing in full against bad loans for what Citi Research calls a "legacy book", and crunching its exposure down to negligible levels.
IN THE first case before the Singapore courts associated with scandal-hit German payments company Wirecard, Singaporean R. Shanmugaratnam has been slapped with four charges of falsifying letters that stated bogus balances held in his company's accounts.
CHIPS, Chats, and Swift. They refer to the machinery of international finance that gives America extraordinary leverage. Like so much else, they're also weapons in the coming cold war between China and the US. The People's Republic resents Washington's dominance over global payments and wants its own...
THE Monetary Authority of Singapore (MAS) on Friday urged finance companies incorporated in Singapore to cap their fiscal 2020 total dividends per share at 60 per cent of fiscal 2019's level, the same way the regulator called for the Singapore banks to do so.













