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THE Grab-Singtel digital bank, GXS Bank, has launched a savings account - its first product for employees within Grab and Singtel and selected customers in their ecosystem.

THE Grab-Singtel digital bank, GXS Bank, has launched a savings account - its first product for employees within Grab and Singtel and selected customers in their ecosystem.

DEMAND for Islamic banking is on an upward trend globally, particularly in South-east Asia – one of the largest markets for Islamic financial services – amid a global increase in awareness of environmental, social, and governance (ESG) investing.

STATE investor and HSBC Holdings have officially launched their sustainable infrastructure debt financing company, Pentagreen Capital.

STEADY margin upside from the US Federal Reserve rate hikes will likely boost banks’ earnings growth in FY2023, which will in turn support continued investment in the Silverlake Axis’ solutions, CGS-CIMB said on Tuesday (Aug 30).

The Monetary Authority of Singapore (MAS) will take further action, which may include introducing customer suitability tests and restricting the use of leverage and credit facilities, to reduce consumer harm arising from cryptocurrency trading.

ASSET manager BlackRock has made several appointments to boost its South-east Asia wealth business while shuffling the leadership for BlackRock Sustainable Investing (BSI), its sustainable investment strategies platform.

As the world grows more cognisant of the need to <a href="/companies-markets/valuing-natural-capital-asia-has-the-most-to-lose-and-gain" target="_blank">value and preserve natural capital</a>, the investment opportunities associated with it will correspondingly increase. As vast and varied as nature itself is, so are the ways for a financier to bank on natural capital.

Becoming <a href="/government-economy/bt-explains-what-is-net-zero" target="_blank">net-zero</a> is no longer going to be enough; the world needs to also be “nature-positive” - and that means going beyond minimising negative impacts on our ecosystems and working towards enhancing them, global leaders have decided.

ANTICIPATING a sluggish global environment ahead, Malayan Banking (Maybank) more than doubled its expected credit loss for loans and securities to RM1.16 billion (S$360 million) in the second quarter of this year, from RM567.2 million in the year-ago period.