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StanChart closer to building digital-only bank in Singapore

STANDARD Chartered Singapore was awarded enhanced "Significantly Rooted Foreign Bank" (SRFB) privileges by the Monetary Authority of Singapore (MAS) on Thursday, paving the way for it to set up a digital-only bank.

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Robin Hu to head Temasek’s international policy & governance group; Steve Howard joins as CSO

TEMASEK International's head of sustainability and stewardship group, Robin Hu, will head its international policy & governance group as Ikea's former chief sustainability officer (CSO) Steve Howard joins Temasek to lead its sustainability group.

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DBS launches digital exchange; crypto trading to start in a week

DBS on Thursday announced that it will set up a digital exchange, which includes a cryptocurrency trading platform that will launch from next week.

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GIC’s stake in DoorDash bumped to US$5b after first-day pop in public market

SINGAPORE sovereign wealth fund GIC's stake in DoorDash is now valued at around US$5.04 billion after shares in the US-based food delivery company soared 85.8 per cent on its market debut.

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StanChart Singapore awarded enhanced ‘Significantly Rooted Foreign Bank’ privileges, paving the way for digital-only bank

STANDARD Chartered Singapore was awarded enhanced "Significantly Rooted Foreign Bank" (SRFB) privileges by the Monetary Authority of Singapore on Thursday, paving the way for it to set up a digital-only bank.

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StanChart Singapore moves big step closer to digital-only bank

STANDARD Chartered Singapore was awarded enhanced "Significantly Rooted Foreign Bank" (SRFB) privileges by the Monetary Authority of Singapore on Thursday, paving the way for it to set up a digital-only bank.

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Shadow capital stabilised South-east Asia PE in 2020, while putting more heat on fund managers: report

SOUTH-EAST Asian private equity (PE) deal value fell by over 50 per cent year on year in the first three quarters of 2020 and the brakes were slammed on exits, amid Covid-19 uncertainty. This comes on the back of a thriving 2019 for the region's PE and...

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Shadow capital stabilised South-east Asia private equity in 2020: report

SOUTH-EAST Asian private equity (PE) deal value fell by over 50 per cent year on year in the first three quarters of 2020 and the brakes were slammed on exits, amid Covid-19 uncertainty. This comes on the back of a thriving 2019 for the region's PE and...

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Keppel Reit obtains A$300m in green loans from UOB, BNP Paribas

KEPPEL Reit has obtained A$300 million (S$299.8 million) in green loans from UOB and BNP Paribas, its manager said on Wednesday evening in a bourse filing.

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Singapore fintech funding rebounds in Q2 to US$278m

SINGAPORE'S fintech investments rebounded in the second quarter of 2020 to US$278 million, 4.1 times the US$68 million recorded in the first quarter, the Singapore FinTech Association (SFA) and management consulting firm Oliver Wyman said in a report on Wednesday.

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