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Singapore firms may soon be able to trade carbon credits in the race to net zero

SINGAPORE firms may soon look to trade carbon credits as a means to commit to greening their businesses.

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JPMorgan appoints Elaine Zhang as China market leader for Singapore

JPMORGAN Private Bank on Tuesday named Elaine Zhang as its new China market leader for Singapore.

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HSBC’s multi-currency e-wallet for SMEs offers quicker, more secure global payments

HSBC has launched its first multi-currency digital wallet for small and medium enterprises (SMEs), speeding up international payments for these businesses in a cost-efficient way.

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ARA partners SMBC after raising US$500m equity funds

ARA Asset Management has raised US$500 million in a round of equity financing, with Sumitomo Mitsui Banking Corporation (SMBC) as the lead investor. It is also welcoming SMBC as its new strategic shareholder, the asset fund manager announced on Monday.

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Citi appoints Lee Lung Nien to head private bank in South Asia

CITI on Monday announced that Lee Lung Nien will head its private banking business in South Asia, in addition to his existing role as chairman of the private bank for the region.

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GLP sells world’s largest US-dollar green perp offering at US$850m

PROPERTY investment firm GLP this month sold the world's largest US-dollar green subordinated perpetual offering.

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StashAway launches group term life insurance plan

ROBO-ADVISER StashAway has launched a group term life insurance policy for Singapore residents, underwritten by Prudential Singapore.

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DBS Private Bank launches trust solution for crypto currencies

DBS Private Bank has launched a trust solution for crypto currencies via the bank's wholly-owned trust company DBS Trustee to allow its private banking clients to invest, custodise and manage digital assets.

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Citi launches automated securities lending solution for wealth managers

CITI Singapore, in partnership with fintech Sharegain, has launched a fully automated securities lending solution for the wealth management firms it provides custody services to.

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DBS Private Bank launches trust solution for cryptocurrencies

DBS Private Bank has launched a trust solution for cryptocurrencies via the bank's wholly-owned trust company DBS Trustee to allow its private banking clients to invest, custodise and manage digital assets.

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