Financial Services

MAS slams Bank J. Safra Sarasin's Singapore branch with $1m fine

MAS slams Bank J. Safra Sarasin's Singapore branch with $1m fine

Bank J. Safra Sarasin is at high risk of being used as a conduit for illegal activities, MAS has warned.

MOH forms 12-member health insurance committee

It will be the main platform through which the Government will address health insurance issues.

MC Payment buy-now-pay-later transactions cross $500,000 mark

It has also seen steady pick-up in transaction volumes recently.

Citi rolls out digital credit cards in Singapore

Customers will receive the card through the Citi Mobile app.

Lendlease appoints Justin Gabbani as new CEO, Asia

Gabbani will take over from Tony Lambardo who will be the group’s new global CEO.

UOB names Eric Lim as chief sustainability officer

UOB has named Eric Lim as its first chief sustainability officer, an announcement read.

UOB prices Singapore's first sustainability bond offering

UOB raised $2b with a final order book of $3.7b.

Instarem launches Singapore mobile app, new brand image

The initiatives are part of its rebranding to “move beyond” digital remittances.

Fundamental shifts in financial management needed in 'next normal': report

83% needed to do financial planning and budgeting at least twice a year, according to a new survey.

60% of property loan customers drawn to SORA-based interest rates stability: UOB

However, 70% are still familiarising themselves with SORA-pegged products.

Pandemic pushed more adult Singaporeans to plan retirement: report

64% of those aged 31-40 willing to forego capital for higher returns.

DBS to finance Indonesia's first high pressure acid leach smelter

The smelter will manufacture key components for the ongoing production of electric vehicles.

Bluecell, STACS partner for blockchain tech supporting green loans

Bluecell will connect its loans-matching engine with GreenSTACS.

Haitong International joins Singapore Exchange

This will allow the Group to expand further its service scope in the Greater China region.

Automation, blockchain among CFO post-Covid considerations

More than a quarter of finance executives are looking into automating a bulk of their tasks in the next three years.

What the new normal means for banks

More than 45% of bank executives are unsure how to embrace new-age banking.

DBS CEO Piyush Gupta expresses support for Vision 2050 agenda

The agenda is a refresh of the first report published 10 years ago.