Financial Services

Banks rerate 17% due to recovery trade: Maybank

The recovery trade is driven by news of successful COVID-19 vaccine trials.

Banks rerate 17% due to recovery trade: Maybank

The recovery trade is driven by news of successful COVID-19 vaccine trials.

StanChart launches SGD sustainable time deposit product

Its recent study found ample interest in sustainable investing from affluent Singaporeans.

Fintech CardUp announces new deal with Visa

The deal will allow businesses to instantly access credit on international payments.

Daily Briefing: MAS urges households to be prudent in expenses; F&B outlets seeing slow recovery

And SG’s Tazapay raises $4.29m led by Sequoia India’s Surge, Saison Capital.

Singapore bank loans down for fifth straight month

Demand-supply conditions for loans remains soft going into Q4, says OCBC Treasury Research.

OCBC adopts Equator Principles

This strengthens its environment and social (E&S) risk management disclosure.

MSIG Singapore pilots plan for gig workers

The policy starts from $6.89 for a weekly basic plan.

MAS to grant non-bank financial institutions access to FAST, PayNow

Beginning February 2021, NFI e-wallet users will be able to make real-time transfers to banks.

MAS orders removal of EH-REIT manager

The order follows a notice of intention issued on 26 October.

Aviva, Singlife complete merger

It is claimed to be the country's largest insurance deal at $3.2b.

HSBC Singapore reopens Jade Centre at Jewel Changi Airport

It is the final phase of HSBC's gradual resumption of operations.

American billionaire Ray Dalio to open Singapore family office

Asian family offices have surpassed global peers due to Chinese stocks.

GIA Singapore pilots new motor accident report platform

It has new features, including contactless authorisation and cashless payment.

DBS disburses record $9m in SE loans, grants

It's the bank's largest disbursement of SE loans, grants within a year.

MAS, IBF roll out measures to boost jobs in finance

The regulator will cover up to $1,000 of stipend under their internship programme.

NTUC Income amps up travel insurance offering

It will grant COVID-19 coverage for overseas travel.