THE beleaguered CoAssets Group is now officially in the crosshairs of the Monetary Authority of Singapore (MAS) and the Commercial Affairs Department (CAD), in what is believed to be one of the highest-profile fintech investigation cases here following years of exponential growth in the fintech space.
SHARES of iFast Corporation on Monday hit a record-high since the mainboard-listed wealth management platform's initial public offering in December 2014.
THAILAND-BASED digital wealth management platform Finnomena on Monday announced a business partnership with global asset management firm Franklin Templeton.
HSBC Private Banking on Monday announced its new private banking business in Thailand as part of broader efforts to grow its wealth management presence in South-east Asia.
THE Monetary Authority of Singapore (MAS) and the Commercial Affairs Department have launched a joint investigation into various companies under the beleaguered CoAssets Group for possible offences under the Penal Code and the Securities and Futures Act (SFA).
DBS will double its recruitment of financial planning advisers by the end of this year, by hiring over 650 wealth planning managers and insurance consultants - a new, self-employed role that the bank is rolling out with insurer Manulife Singapore.
UOB Kay Hian (UOBKH) investors can look forward to new Securitised Token Offerings (STOs) offered by technology company ECXX Global as part of a collaboration between ECXX and UOBKH, announced on Monday.
SINGAPORE might be a well-developed financial centre, but consumers here remain daunted by the effort it seems to take to plan their finances.
HOUSING loans in Singapore extended its growth streak for the fourth straight month last December, on the back of rising private home prices.
SINGAPORE'S bank lending rose for the second straight month in December on continued growth in housing loans, data from the Monetary Authority of Singapore (MAS) showed on Friday.