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THE Yangon branches of OCBC Bank and United Overseas Bank (UOB) have extended a US$44 million green loan to Myanmar's Shwe Taung Group.

TAKING a clear step towards offering wealth management for the masses, digital bank contender Grab has acquired Singapore-based robo-advisory startup Bento for an undisclosed sum.

BOUTIQUE wealth management firm Mindful Wealth on Tuesday announced it has completed the Variable Capital Companies (VCC) pilot programme.

MAINBOARD-LISTED Yoma Strategic Holdings' Myanmar-based joint venture (JV), Wave Money, is giving its customers in Myanmar access to merchants of payments platform 2C2P through a tie-up.

BOUTIQUE wealth management firm Mindful Wealth on Tuesday announced it has completed the Variable Capital Companies (VCC) pilot programme.

GRAB has made its move into the retail wealth management space with its acquisition of Bento Invest, a Singapore-based robo-advisory startup for an undisclosed sum.

BANKS including Singapore lenders DBS and OCBC have temporarily closed several branches or reduced their services available in Hong Kong and Macau, in light of the worsening novel coronavirus outbreak.

CITIBANK Singapore's head of retail banking Charles Wong has resigned after more than 20 years at the US bank.

SINGAPORE banks are likely to suffer weaker loan growth and more volatile earnings in light of the coronavirus outbreak, but are sufficiently equipped with "good capital buffers" to weather the immediate negative impact, S&P Global Ratings said in a press statement on Monday. 

CITIBANK Singapore's head of retail banking Charles Wong has resigned after more than 20 years at the US bank.