IN A surprise twist, the Singapore Business Federation (SBF) will be joining a consortium led by Ron Sim's V3 Group and stored-card operator EZ-Link that is gunning for the digital full-bank licence in Singapore.
AMID the liberalisation of Singapore's banking sector with digital-only entrants, the incumbents "at best" face significant competition for 3 to 5 per cent of their asset base, according to a report by Jefferies on Friday.
SINGAPORE'S mergers and acquisitions (M&A) activity totalled US$35.3 billion last year, up 125.6 per cent from 2018, deal intelligence service Mergermarket said in a report on Friday.
SINGAPORE’S mergers and acquisitions (M&A) activity in 2019 totalled US$35.3 billion in 2019, up 125.6 per cent from a year ago, deal intelligence service Mergermarket said in a report on Friday.
TO provide clients with greater transparency over environmental, social and governance (ESG) characteristics of their investment portfolios, DBS has adopted MSCI ESG ratings for its wealth management business.
AMID the liberalisation of Singapore's banking sector with digital-only entrants, the incumbents "at best" face significant competition for 3 to 5 per cent of their asset base, according to a report by Jefferies on Friday.
AMID the liberalisation of Singapore's banking sector with digital-only entrants, the incumbents "at best" face significant competition for 3 to 5 per cent of their asset base, according to a report by Jefferies on Friday.
MAINBOARD-LISTED iFast Corporation has led a consortium with two China partners to apply for a Singapore digital wholesale bank licence in December 2019.
SINGAPORE'S latest contenders for a digital banking licence may have included several names that are left-of-field to banking, but diverse partnerships are needed to offer niche, untapped services in heavily-banked Singapore, said analysts.
