DBS Bank will be granted a settlement agent licence by the People's Bank of China (PBOC) that will permit Singapore's largest bank to trade, settle and provide custody for China's interbank bond market instruments on behalf of foreign investors, the Monetary Authority of Singapore (MAS) said on...
THE Monetary Authority of Singapore (MAS) and the People's Bank of China (PBC) will set up a cooperation mechanism to enable designated Singapore and Chinese banks to offer custody and trading services for regional and global investors in China’s bond market, Singapore's central bank said on Tuesday. ...
BILLIONAIRE Ong Beng Seng's Hotel Properties has launched a new perpetual issue on Tuesday.
UNITED Overseas Bank (UOB) on Tuesday launched a specially-designed learning and development programme to prepare its 26,000 employees for a digital future, at a time where the financial services sector is seeing rapid change.
FINTECH investments in Singapore for the nine months ended Sept 30 jumped 69 per cent to US$735 million from US$435 million in the same year-ago period, according to research from professional services firm Accenture.
FINTECH investments in Singapore for the nine months ended Sept 30 jumped 69 per cent to US$735 million from US$435 million in the same year-ago period, according to research from professional services firm Accenture.
THE Monetary Authority of Singapore (MAS) has eased monetary policy "slightly" in its latest half-yearly monetary policy review on Monday, making the slope of the Singapore dollar nominal effective exchange rate (S$NEER) policy band less steep and slightly reducing its rate of appreciation.
DBS Group's share price has come a long way since 2015. The bull runs strong for the largest bank in Singapore as it broke the 30.00 mark in March 2018, marking a new historical high.
THE Monetary Authority of Singapore (MAS) has issued prohibition orders against three former insurance agents and a former bank employee for fraudulent and dishonest conduct.
A SINGAPORE-BASED private equity (PE) fund has become the first in the world to secure financing for PEs that is tied to sustainability improvement, reflecting the rising interest from the financing sector in factoring in environmental, social and governance (ESG) in private capital.
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