Financial Services
CIMB, China CITIC Bank strengthen China-ASEAN financial link
CIMB Bank Berhad has signed a Letter of Intent with China CITIC Bank Corporation Limited to bolster financial connectivity between China and ASEAN, focusing on...
AI agents threaten APAC banks with fraud losses
A recent survey commissioned by BioCatch has highlighted significant concerns among Asia Pacific (APAC) banking leaders regarding the potential for AI-driven fraud. Conducted across 340...
CBS and Experian Malaysia challenges credit norms with new MOU
Credit Bureau Singapore (CBS) and Experian Information Services Malaysia have signed a Memorandum of Understanding (MOU) to establish a cross-border credit reporting service. This initiative,...
Selective inflows boost Singapore’s financial and tech sectors amid declines
The recent SGX Market Updates report shows Singapore's financial and technology sectors experienced selective net institutional inflows on June 8, despite regional market declines. Financial...
Rising costs erode Singapore’s financial security
Sun Life Singapore has unveiled findings from its Financial Resilience Index, highlighting that rising living costs are eroding financial security across all income levels in...
Citi and Porsche unveil exclusive partnership for elite clients in Singapore
Citibank Singapore has joined forces with Porsche Singapore to provide exclusive benefits to its high-net-worth clients. This collaboration, announced on 8 June, marks Citi as...
OCBC disrupts gold market with local trading shift
OCBC has announced the expansion of its gold services to include physical gold trading, allowing institutional clients and high-net-worth individuals from its subsidiary, Bank of...
Moomoo Singapore announces leadership shift, appoints Ng as CEO
Moomoo Singapore has announced the appointment of Jeyson Ng as its new Chief Executive Officer, marking a pivotal moment for the company as it seeks...
APAC leads global wealth growth for second year running, new report shows
Capgemini's 30th World Wealth Report reveals that the Asia-Pacific (APAC) region has once again topped global wealth growth charts, with high-net-worth individual (HNWI) wealth increasing...
Annica seeks S$5.23m to strengthen financial standing
Annica Holdings Limited, listed on the SGX Catalist, has announced a rights issue to raise up to S$5.23m in net proceeds. The company lodged an...
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