Financial Services
MAS proposes changes to IPO prospectus requirements
The Monetary Authority of Singapore (MAS) has unveiled proposals to streamline prospectus requirements and broaden investor outreach channels for initial public offerings (IPOs) on the...
Franklin Templeton launches Singapore’s first tokenised fund
Franklin Templeton has received approval from the Monetary Authority of Singapore (MAS) to launch the Franklin OnChain U.S. Dollar Short-Term Money Market Fund, marking the...
STI banks report strong Q1 2025 financial results
The three major banks in the Straits Times Index (STI)—DBS Group Holdings, Oversea-Chinese Banking Corp, and United Overseas Bank—have reported a robust financial performance for...
FalconX partners with Standard Chartered for digital asset expansion
FalconX, a leading digital asset prime broker, has announced a strategic partnership with Standard Chartered, a prominent international banking group. This collaboration aims to provide...
GXS Bank appoints new Group CEO as Ramaswami retires
GXS Bank has announced the retirement of its Group Chief Executive Officer, Muthukrishnan Ramaswami, effective 31 May 2025. Ramaswami, who joined the bank in February...
OCBC integrates securities into global markets division
OCBC is set to integrate its securities business, including subsidiaries OCBC Securities Pte Ltd, OCBC Securities Brokerage (Hong Kong) Limited, and PT OCBC Sekuritas (Indonesia),...
HSBC report reveals succession gaps in Singapore
Family-owned businesses in Singapore are encountering significant challenges in succession planning, according to HSBC's latest report, "Family-owned businesses in Asia: Harmony through succession planning 2025"....
Addepar secures $230m in Series G funding
Addepar, a leading technology and data platform for investment professionals, has successfully closed a $230m Series G funding round, elevating its valuation to $3.25b. The...
Cboe expands Asia Pacific sales team with key hires
Cboe Global Markets, the world's leading derivatives and securities exchange network, has announced the expansion of its Data Vantage sales team in the Asia Pacific...
VCI Global reports 41% revenue surge in 2024
VCI Global Limited, a diversified holding company, has announced a remarkable 41% increase in revenue for the financial year ending 31 December 2024, reaching $278m....
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