Financial Services
Singapore banks to adjust high capital buffers
Singapore banks are poised to reduce their capital buffers, which currently stand at double the regulatory requirement, according to a report by S&P Global Ratings....
Citi Private Bank launches philanthropy advisory in Asia
Citi Private Bank has unveiled its new philanthropy advisory solutions in Asia, starting with Singapore, to cater to the growing interest among ultrahigh net worth...
Singapore consumers anticipate AI’s role in financial services
Salesforce's latest Connected Financial Services report reveals that a significant 60% of Singapore consumers foresee artificial intelligence (AI) playing a pivotal role in financial services,...
UOB Private Bank appoints Kelly Chia as Head of Investment Strategy
UOB Private Bank has announced the appointment of Kelly Chia as the new Head of Investment Strategy. Chia will lead the Chief Investment Office team...
Binance receives award for cybercrime prevention efforts
Binance, the global blockchain ecosystem behind the largest cryptocurrency exchange by trading volume, has been recognised by the Singapore Police Force (SPF) for its significant...
Chocolate Finance updates on withdrawal processing
Chocolate Finance, a brand of Chocfin Pte Ltd, has announced significant progress in processing redemption requests following an unusually high volume of withdrawals. As of...
NETS appoints Alex Woo as CEO of BCS
Network for Electronic Transfers (NETS), Singapore's leading payment services group, has announced the appointment of Alex Woo as the new CEO of Banking Computer Services...
GROW with Singlife and abrdn launch new bond fund
GROW with Singlife, an integrated investment platform under Singlife, has partnered with abrdn Investments to launch an exclusive share class of the abrdn SICAV II...
UTI International appoints Jermyn Wong as CEO
UTI International Singapore Pte. Ltd. has announced the appointment of Jermyn Wong as its new Chief Executive Officer. Wong, who will be based in the...
OCBC enhances global finance with Oracle Cloud ERP
Singapore-headquartered OCBC, Southeast Asia's second-largest financial services group by assets, has implemented Oracle Fusion Cloud Enterprise Resource Planning (ERP) to unify its global finance platform....
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