THE process of developing a framework for equitable sharing of losses affecting scam victims has been taking longer than expected, the Monetary Authority of Singapore (MAS) said in an update on Monday (Jul 18).
THE process of developing a framework for equitable sharing of losses affecting scam victims has been taking longer than expected, the Monetary Authority of Singapore (MAS) said in an update on Monday (Jul 18).
SINGAPORE dollar-denominated bond issuances remained resilient in the first half of 2022 despite the challenging macroeconomic environment of inflation and tightening monetary policy, and there are suggestions demand could continue to be steady.
WITH insurance businesses becoming more costly for banks due to tighter regulations and lower-than-expected benefits of cross-selling banking and insurance products, more lenders in the Asia-Pacific region are expected to shed their insurance units to focus on their core.
THE recent “crypto winter” is sounding the alarm for regulators to “get on with the job” of bringing the use of crypto technologies in finance within their oversight, the Bank of England’s deputy governor for financial stability said on Tuesday (July 12).
TEMASEK’S net portfolio value has increased to S$403 billion as at end-March 2022, crossing the S$400 billion threshold for the first time, according to its portfolio performance numbers released on Tuesday (Jul 12).
AS RECESSION fears rise, negative investor sentiment has seen 20 of Asia-Pacific’s (Apac) largest banks recording declines in their market capitalisation for the second quarter of this year, according to data compiled by S&P Global Market Intelligence on Thursday (Jul 7).
ACCELERATOR programmes at Singapore's 3 banks have evolved beyond recognition since the first was launched 7 years ago. The directions taken could be helpful for instruction as more financial institutions roll out similar initiatives.
OCBC Bank and Standard Chartered announced on Thursday (Jul 7) the completion of its 30-year overnight indexed swap (OIS) derivatives transaction using the Singapore Overnight Rate Average (Sora) as the interest rate benchmark.
OCBC Bank and Standard Chartered announced on Thursday (Jul 7) the completion of its 30-year overnight indexed swap (OIS) derivatives transaction using the Singapore Overnight Rate Average (Sora) as the interest rate benchmark.
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