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Regulation and compliance – Singapore’s crypto game in 2022

SINGAPORE'S crypto players can expect greater regulatory scrutiny this year, but with that should also come more clarity on the space that exchanges and investors can participate in. Crypto licences will be doled out and consolidation will take place, say observers.

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Fake SMS scams: Do banks and telcos have a duty of care to customers?

WHEN some OCBC customers started receiving SMSes last month that they were being locked out of their accounts, quite a few were duped into clicking on a link that mirrored the OCBC website but was actually set up by scammers.

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HSBC beefs up investments and wealth solutions team with Endowus, UBS hires

HSBC has beefed up its investments and wealth solutions team with two recent senior executive appointments, the bank said in a statement on Wednesday (Jan 12).

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iFast prices private placement at top end of range; raises S$105m

IFAST Corporation on Tuesday (Jan 11) priced its private placement at S$7.50 per share, which is at the top end of its price range.

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Maybank Singapore woos near-retirees to grow

AS THE Republic's new digital banks gear up to woo younger, tech-savvy consumers in 2022, Maybank Singapore finds itself on the other end of the spectrum: ramping up wealth services for the silver generation.

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DBS Foundation awards record S$3m to 19 social enterprises

NINE employees with autism are among the artisans behind Eden+Elie, a local brand that creates handmade accessories using an intricate bead-weaving process.

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NTUC Income’s corporatisation: striking a balance between profits and purpose

NTUC Income's proposed corporatisation, announced last week, is a startling development for a co-operative which hews closely to its social purpose of catering to the underserved in Singapore.

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DBS, UOB to continue offering physical tokens on request

DBS and UOB have separately said they will continue to offer physical security tokens to customers, in response to queries from The Business Times on Friday (Jan 7).

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BT Explains: What is BFC Bank and why is iFast buying it?

WEALTH management platform iFast Corporation on Friday (Jan 7) said it was looking to acquire an 85 per cent stake in BFC Bank.

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iFast to acquire 85% stake in UK-incorporated BFC Bank for £40m

WEALTH management platform iFast Corporation is looking to acquire an 85 per cent stake in BFC Bank for a total investment amount of £40 million (S$73.4 million).

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