FOUR years after leaving Goldman Sachs, Gary Cohn seems to have retained the Wall Street firm's sharp elbows. The former chief operating officer is reluctant to return a bonus of around US$10 million as atonement for Goldman's 1MDB scandal, which happened when he was a senior executive....
UOB is making use of a new artificial intelligence (AI) solution that is "highly accurate" in identifying suspicious transactions and connected parties as it combats increased sophistication in financial crime, it said in a media statement on Thursday.
STANDARD Chartered (StanChart) has launched a global learning hub named diSCover Lab. Through the new lab, the bank aims to train and upskill 8,000 Singapore employees by 2022, it said on Thursday.
AROUND half of Singapore consumers prefer to shop at local businesses to help them recover from the business fallout of Covid-19, according to a study of Asean consumer sentiment done by UOB.
THE Monetary Authority of Singapore (MAS) is drilling down to the local mix in technology units of financial institutions in Singapore to ensure skills transfer for high-end tech jobs, and has had "bespoke conversations" with financial institutions on their localisation plans at tech units.
INVESTMENT management firm Barings is laying the groundwork for an office in Singapore to serve as its hub for South-east Asia investment activities.
CHINA'S recent bond defaults by large state-owned enterprises (SOEs) are set to continue as Beijing warned it will crack down on fraud and show more tolerance for letting companies default on payments.
DBS and Standard Chartered (StanChart) will again slash rates on their respective savings accounts from Jan 1, 2021 on the back of a grim interest rate environment.
STANDARD Chartered (StanChart) on Wednesday announced the launch of its Singdollar sustainable time deposits - the first local currency sustainable deposit product that enables retail and private banking investors to get returns for their investments in sustainability.
SINGAPORE banks have ramped up support for micro enterprises with collateral-free loans, they said on Wednesday.
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