Ron Sim's V3 Group is said to be in talks with property group Far East Organization, stored-value card operator EZ-Link, and Temasek-owned Heliconia Capital to form a consortium to gun for a digital bank licence in Singapore.
OCBC Bank and Standard Chartered have completed Singapore’s first overnight indexed swap derivatives transaction using the Singapore Overnight Rate Average (SORA) as the interest rate benchmark.
KEPPEL Corp's unit KC Management One will buy a 50 per cent stake in Pierfront Capital Fund Management (PCFM), a subsidiary and investment manager of Pierfront Capital Mezzanine Fund (PCMF), for US$7.8 million.
DBS analysts are expecting the euro to keep underperforming against the Singapore dollar, according to a research note released by the bank on Thursday.
PORTAL Asset Management, a Singapore-incorporated firm investing in fund managers operating in the digital currency and blockchain economy, has launched its first fund.
LIFESTYLE products group V3, owner of OSIM and TWG Tea brands, has set up a fintech business unit in October to pursue related opportunities in the region, as well as develop digital financial services, especially for the small and medium-sized enterprise (SME) segment.
SINGAPORE state investment firm Temasek Holdings on Thursday said its wholly-owned subsidiary Temasek Financial (I) Ltd (TFin-I) has priced its 12-year and 30-year guaranteed euro notes.
AN INAUGURAL roadmap that lays out Singapore's plan to leverage artificial intelligence (AI) to transform the economy was unveiled on Wednesday, in the country's most ambitious push yet to become a global AI powerhouse.
THE Monetary Authority of Singapore (MAS) will have a second go at its failed electronic know-your-customer (e-KYC) project, said MAS managing director Ravi Menon on Wednesday.
BOND investors have long grappled with issues of transparency and efficiency, thanks to the largely opaque nature of the fixed-income realm.