Financial Services
DBS CEO Piyush Gupta's pay down 24% to $9.18m in 2020
His cash bonus dropped 27% amidst cutbacks in the bank.
DBS CEO Piyush Gupta's pay down 24% to $9.18m in 2020
His cash bonus dropped 27% amidst cutbacks in the bank.
UOB to raise pay, floats promotions for 98% of bank's employees
Review of compensation packages for senior management will be considered later.
MAS appoints six senior managers
Ho Hern Shin will take over the position of deputy managing director.
Goldman Sachs to hire tech employees in Singapore
Part of the tech hiring will support the bank’s cash management operations.
Indosuez reveals three new senior appointments in Singapore
They are Shiladitya Choudhuri, Jensen Wee, and Harpreet Singh.
MAS unveils joint paper on managing remote working risks
Financial institutions are called to benchmark their practices against examples in the study.
MAS bans four individuals for market misconduct
They have also been convicted.
Mizuho concludes deal with Furukawa Electric
Furukawa Electric was recognised for its environmental initiatives.
Bank accounts of suspected scammers can be frozen within a day: MHA
Minister Desmond Tan lays out plans to prevent scams.
Lendela's journey as a business-loan matchmaking platform
The platform handles both the lending process for borrowers and lenders.
SingSaver floats investments category
Users can compare different online brokerage platforms.
LCH extends central clearing of SORA derivatives to 21 years
The Monetary Authority of Singapore is set to extend the tenor of daily SORA derivatives to 20 years.
GLP secures largest sustainability-linked loan in APAC
ING acted as coordinator and GLP’s ESG advisor for the deal.
One-off tax impact boosts Great Eastern's Q4 net profit to $341.3m
FY2020 net profit fell 4% to $960.6m.
TransferWise renamed to Wise, to expand APAC reach
Over 70 people will be hired in the country this year.
Fintech Firm TranSwap enters UK market
The expansion is in line with efforts to empower global business growth.
UOB, SBF to connect firms to opportunities across ASEAN
They will provide on-ground assistance and financial support for digitisation.
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