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.
Consumers not required to disclose NRIC numbers for purchases by September
It is to protect consumers from identity theft or fraud.
Singapore police warns about bank scams from phishing websites
They reportedly offered new investment schemes and software to bank holders.
Daily Briefing: Malaysia mulls third link to Singapore; Luxury jeweler Tiffany & Co. unveils breakfast cafe in Tiong Bahru
And here's why Bloomberg moved its forum venue from China to Singapore.
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).