Financial Services
Can startups cash in on Asia's growing family office segment?
Can startups cash in on Asia's growing family office segment?
Raffles Family Office is open to investing in healthtech, fintech and cybersecurity startups.
MSIG Singapore names Craig Ellis as CEO
Ellis previously held senior positions in Allianz, Old Mutual and Charles Monat Associates.
M1 launches e-payment services through PayNow
Transactions can also be done by scanning QR codes.
Singapore bank loans grew 3.3% in February
However, consumer loans grew at the slowest pace since at least 2005.
Credit Culture launches personal lending platform
Loan applications and credit verification will be done online. Malaysian-funded Singapore fintech startup Credit Culture, a subsidiary of Dey Private...
Daily Briefing: Singapore stocks downgraded amidst 'unexciting growth'; Fintech Transferwise enables remittances via PayNow
And payments firm Wirecard is suing Financial Times.
Singapore investment banking fees down 24.8% to $234.26m in Q1
Advisory fees from M&As plunged 63.6% even as deal numbers rose.
OCBC sets up board committee on ethics and conduct
It will be chaired by OCBC bank chairman Ooi Sang Kuang.
DBS CEO Piyush Gupta's pay rose 15.5% to $11.68m in 2018
The bank’s earnings hit a record high of $5.36b, up 28%.
MAS grants licence to China-backed wealth management fintech
PIVOT Fintech aims to link up with Singapore educational institutions for local AI training.
MAS halves prohibition orders against former Citibank relationship manager Zheng Xuemei
The prohibition was ordered as Zheng had not honestly performed her duties as the bank’s representative.
OCBC Pay Anyone joins order-ahead app Waitrr
OCBC’s app will automatically launch once customers select their meals.
InstaRem partners with First Data for prepaid card issuance services
The solution will be rolled out in Singapore, Europe and Australia.
How much are CEOs in top Singapore-listed companies paid?
Compensation of CEOs from the top 30 listed companies typically range between $4m-$5m.
Chinese banks suffer heavy losses as delinquencies hit $17.88b in January
The energy sector saw the most defaults of $6.94b.
Grab ventures into SME lending and micro-insurance
One product is a post-paid and installment payment service called Pay Later.
Singapore firms with overseas ties could fall into global regulatory loopholes: Dow Jones
Despite a world-leading compliance regime, firms risk another 1MDB scandal by failing to assess malpractices of external links.
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