Financial Services

UBS to launch eFX engine in Q2 2019

UBS to launch eFX engine in Q2 2019

It is expected to improve the FX market’s transparency and efficiency.

UOB prices $796.76m bonds at 0.25%

They are expected to be issued by 11 September.

Singapore and Hong Kong private banks wage war for wealth managers to lure Asia's crazy rich

Banks are willing to offer pay hikes between 30-45% to secure the best talent.

Bank lending growth jumped 10% in July

It was backed by stronger loan growth in manufacturing, transport, and business services.

Singapore police warns about bank scams from phishing websites

They reportedly offered new investment schemes and software to bank holders.

Chart of the Day: US dollar issuances lead Singapore's debt market

The local currency lags behind it with a share of 10.6%.

MAS inks deal with Dubai agency to bolster fintech ties

They will implement joint projects involving digital and mobile payments and blockchain, amongst others.

UOB tapped e-commerce firm Synagie to boost SMEs' online sales management

They will enable SMEs clients to manage e-commerce processes like inventory storage and management.

Banking and finance led online hiring growth in June

The IT and advertising & media sectors also saw 6% and 2% rise in online hiring, respectively.

Total debt issued in Singapore soared 39% to $259b in 2017

SGD debt hit a 5-year high at $27b due to strong sentiment.

Top activist fund eyes one of Singapore's banks

The US$44m fund aims to improve operational efficiency to boost the bank’s value.

UOB unveils machine learning solution to combat financial crime

It has tapped on regtech Tookitaki for its Anti-Money Laundering Suite.

OCBC launches robo-investment service

It has an initial investment amount of $3,500.

Are Singapore's fintech startups hoarding capital?

Homegrown fintechs are more likely to access later-stage funding that are out of reach for startups in other verticals.

DBS and Singtel team up to enhance e-marketplace for SMEs

DBS will develop a B2B platform for SMEs to sell their goods and services to large corporate and multinational corporations (MNCs).