Financial Services
Fintech investments hit $1.01b in 9M 2019
Investment value in mature fintechs expanded to $604.97m despite the lower number of deals.
Fintech investments hit $1.01b in 9M 2019
Investment value in mature fintechs expanded to $604.97m despite the lower number of deals.
MAS slaps ban on four financial professionals over fraud
The orders were issued against 3 insurance agents and one bank employee.
Tuan Sing launches $500m MTN programme
The multicurrency programme is second after Tuan Sing’s $900m MTN in 2013.
UOB lowers interest rate for fixed deposits to 1.5% in Q3
Mortgage rates were also cut 20bp to about 2%.
Standard Chartered offers sustainable investment deposit
Liquidity raised will be allotted to activities related to UN Sustainable Development Goals.
Majority of traders prefer online platforms over banks
Instead of financial institutions, online traders rely on family and friends for stock advice.
Fintech firm Rapyd clinches remittance license
It allows businesses to integrate remittance services through API.
Eugene Wong of Sirius Venture Capital to grace SBR's Hottest Startups Panel Briefing 2019
In 2014, the founder, managing director became one of two qualified with UK IoD in Singapore.
ING names Erwin Maspolim as Singapore country manager
He will also serve as network head for Southeast Asia.
Learn how this talent investor is forming the world's best startup founders
Doralyn Chan reveals Entrepreneur First’s plans to create more than 300 companies over the next three years.
Local firms slack off in bills payment in Q3
Slow payments can be observed in the manufacturing, construction and services sectors.
Eastspring Investments buys 50% of Thai fund manager for $189.9k
The deal enables Thanachart Bank customers to enjoy Eastspring services.
DBS ties up with IRAS in cheque-free push
Tax payouts will soon be digitised.
Singapore bank loans reverse slowdown in August
Loans grew 1% MoM and 5.1% YoY amidst steady expansion in business loans.
Investment banking fees down 2% to $796.12m in 9M2019
Advisory fees for completed M&A dropped 16.5%.
Banks embark on risky overseas pivot
Loan exposure to China has grown although loan quality has yet to be tested.
Rate floor for interest on SMRA extended until end-2020
The minimum 4% rate will expire on 31 December 2020.
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