Financial Services
UOB burdened by toxic loans from O&G firms
It expects two more bad loans from offshore support firms in H2.
Marvelstone fintech arm to launch ICO in 2018
It wants to build an API platform for fintech tests.
New Silkroutes Group buys 66% stake in European fund manager for $3.59m
It wants to grow its investments business.
Options aplenty for SME financing in Singapore
Singapore remains a key financial centre of the world, where nearly 99%1 of the 216,900 business in Singapore are small and medium enterprises (SMEs)...
77% of Singaporeans financially support their family: HSBC
Family values influence financing decisions in Singapore.
MAS could tighten policy stance soon
For now, prices aren’t expected to rise due to domestic cost pressures.
This private bank holds the largest AUM in Singapore
The ultra rich entrusted US$286.5b to it in 2016.
Oversea-Chinese Banking Corporation appoints Chua Kim Chiu as non-executive and independent director
He was also a member of audit committee.
Eight in 10 finance workers aren't future ready
They lack time, resources, and support from companies.
Vickers Venture Partner raises US$230m in Fund V
This is poised to be the largest non-government linked VC fund in Southeast Asia.
OCBC, StarHub invest $6m to push Singapore's “We Economy”
The collaboration will be centered on Artificial Intelligence (AI) and Internet of Things (IoT) to drive business outcomes across industries.
Chart of the Day: Singapore's AUM up 7% to $2.7t
55% of total funds came from Asia Pacific.
Alternative Finance vs Bank Loan: What Singaporean businesses should choose
Singapore is the country of business opportunities. Opportunity to buy at a lower price, opportunity arising out of a new contract, opportunity to...
OCBC, StarHub invest $6m to push Singapore's “We Economy”
The collaboration will be centered on Artificial Intelligence (AI) and Internet of Things (IoT) to drive business outcomes across industries.
CIMB shuts down subsidiary in Middle East
It is consolidating its businesses.
MAS, ABS develop blockchain tech for inter-bank payments
It will net payments whilst preserving transactional privacy.