DBS' chief information officer and group head of operations David Gledhill is departing the bank to return to the UK, The Business Times (BT) understands.
THE cryptocurrency trading platform COSS.io has delisted "with immediate effect" KAYA tokens issued via an initial coin offering (ICO) by fintech group Marvelstone's Lattice80.
FINTECH firm Marvelstone Group holds "less than 1 per cent" of media startup Tech in Asia, Willis Wee, CEO and founder of Tech in Asia told The Business Times on Monday.
THE Monetary Authority of Singapore (MAS) on Monday signed a cooperation agreement that will promote academic exchanges, information sharing and research cooperation in fintech, with the Asia-Pacific Future Financial Research Institute (AFF), a non-profit organisation and think tank.
DBS shares declined as much as 1.88 per cent during Monday morning's trading session following Citi Investment Research's downgrade of its shares to "neutral" from "buy". The lender's shares were down 1.7 per cent, or S$0.45, as at 10.41am.
DBS shares declined 2 per cent, or S$0.53, as at 3.13pm following Citi Investment Research's downgrade of its shares to "neutral" from "buy" on Monday.
MARVELSTONE Group has previously said that it makes fintech investments, and builds hubs in artificial intelligence and cryptocurrencies, with founder Joe Cho Seunghyun and his wife Gina Heng making appearances at international tech conferences as representatives of Marvelstone.
THE MAN behind Marvelstone Group - which calls itself a fintech group - is being sued in his home country of South Korea for allegedly failing to pay contractually promised returns to investors.
UBER'S initial public offering (IPO) is yet another chance for Uber and its detractors to sell their competing ideas of what this company represents.
OCBC Bank's decision to take a bigger cushion on its exposure to the offshore support vessels and services (OSV) sector may signal the end of Singapore banks' forbearance for the beleaguered industry.