Singapore

Bank of Singapore appoints first chief portfolio strategist

Owi Ruivivar’s role will boost asset allocation strategy.

Bank of Singapore appoints first chief portfolio strategist

Owi Ruivivar’s role will boost asset allocation strategy.

Banks most vulnerable to illegal trade financing – MAS

Env Crimes generate between $110b-$281b in criminal gains yearly.

Singapore expands scope of guidelines on fair dealing

It now covers all financial institutions and all the products and services offered.

Bank of Singapore forms CIO advisory council with Goldman Sachs, BlackRock execs

The 8 members have reportedly weathered the 2008 GFC and the 2020 pandemic downturn.

Singapore HNWs says current investment returns have “room to grow”

Almost 1 in 2 are frustrated from their portfolios’ “generally underwhelming” performance.

Maybank SG, Fidelity International launch multi-asset fund

The fund is offered in three asset classes and will be made available in Q3 2024.

Fintech Smile API accelerates loan approval process for financial inclusion

Smile API CEO Jerome Eger is committed not just to speed, but secured access to employment data.

Singapore, Japan renew bilateral swap arrangement

Singapore can swap up to $3b whilst Japan can swap up to US$1b.

1 in 4 Singaporeans concerned about payment fraud: study

Consumers want robust fraud protection when choosing their financial provider.

MAS bars ex-DBS rep from financial advisory work for 5 years

Hafiz was convicted to one count of abetting an offense on May 2022.

Digitalisation amplifies data and liquidity risks

Increasing interconnectivity increases complexity and opacity.

SGX FX onboard Rand Merchant Bank on buyside platform

RMB will offer liquidity services to the OTC FX buyside platform.

UOB appoints Mark Tan as head of internal audit in Hong Kong

Tan will oversee all audit functions for UOB Hong Kong.

Atome’s BNPL debuts on Taobao Singapore

Every Saturday, Atome shoppers can enjoy a $12 off for a $120 minimum spend.

OCBC launches $676.95m fixed rate subordinated notes

The notes will have a coupon of 5.52% annually.