UOB has awarded its chairman, Wong Kan Seng, over S$400,000 in shares, the bank said in a bourse filing on Wednesday (May 8).
THE government is looking to amend laws to give more power to law enforcement agencies pursuing offenders involved in money laundering, said Home Affairs Minister K Shanmugam on Wednesday (May 8).
THE government is looking to amend laws to give more power to law enforcement agencies pursuing offenders involved in money laundering, said Home Affairs Minister K Shanmugam on Wednesday (May 8).
CHEN Qingyuan, one of the 10 foreign nationals embroiled in the more-than-S$3 billion money laundering scandal, intends to plead guilty on May 23, court records on Wednesday (May 8) show.
DBS has hired Eugene Huang, who was chief executive officer of Ping An’s technology arm, to be the bank’s chief information officer (CIO), it said in a bourse filing on Wednesday (May 8).
DBS has hired Eugene Huang, who was chief executive officer of Ping An’s technology arm, to be the bank’s chief information officer (CIO), it said in a bourse filing on Wednesday (May 8).
INDIAN banks’ plan to increase their technology spending to around 10 per cent of their operating expenses to keep up with the surge in digital transactions as the central bank intensifies scrutiny on frequent outages, more than half a dozen bankers said.
SWEDEN’S central bank cut its key interest rate to 3.75 per cent from 4.00 per cent on Wednesday (May 8) as expected, and said it was likely to cut the rate two more times in the second half of the year if the outlook for inflation still holds.
UOB chief executive Wee Ee Cheong is “cautiously optimistic” on the bank’s outlook for 2024 given the growth potential in South-east Asia, even as higher-for-longer interest rates and a stronger US dollar may weigh on demand.
AUSTRALIA’S “responsible lending” rules have led to longer mortgage approvals without fixing structural problems in the property market, the country’s third-biggest bank by assets said on Wednesday.
