HUNDREDS of Laguna National's pioneer members who collectively took up tens of millions of dollars in debentures to help finance the construction of the golf club are at a loss as to whether they will get their money back.
MC Payment on Wednesday said it "cannot agree" with controlling shareholder Ching Chiat Kwong's suggestion that the company's poor financial performance has made it necessary for Mr Ching to safeguard his investment by asking for a board refresh.
THE Asean Financial Innovation Network or AFIN is launching a new digital currency sandbox so that banks and fintechs can experiment with central bank digital currency applications, or CBDCs, and drive global adoption.
UOB has priced S$600 million of perpetual capital securities at a fixed coupon rate of 2.55 per cent per annum, the lowest for benchmark perpetual securities for banks in Singapore, said the bank in its announcement on Wednesday morning.
A FORMER regulator-turned-consultant said that financial institutions should better define "proper conduct", by weeding out toxic sub-cultures and drawing clear paths for staff to call out wrongdoing.
BOND issuers in the Asia-Pacific can opt to showcase their green, social and sustainability (GSS) bonds to global investors, under a partnership between the Singapore Exchange and Nasdaq.
BANK of Singapore (BOS), Endowus and Citi on Tuesday announced several new hires related to wealth planning, advisory and a new business line, across various regions. Here is a round-up of the new appointments:
A FORMER regulator turned consultant said financial institutions should better define "proper conduct", by weeding out toxic sub-cultures and drawing clear paths for staff to call out wrongdoing.
