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FUND manager Western Asset has appointed Michael Dale as head of Asia Pacific (ex-Japan) client service and marketing, and the head of its Singapore office, the Legg Mason affiliate announced on Wednesday.

FUND manager Western Asset has appointed Michael Dale as head of Asia Pacific (ex-Japan) client service and marketing, and the head of its Singapore office, the firm announced on Wednesday.

SINGAPORE'S largest peer-to-peer lending platform Validus Capital will apply for a digital banking licence here, joining a growing chorus of non-bank challengers looking to edge into this new space.

DIGITALISATION has reshaped how we communicate, organise, interact, move and trade. It is now changing money. Mobile phone-based electronic payments are becoming just like cash: contactless, cheap and easy to make on a peer-to-peer basis, including across borders. Life without a bank account becomes possible, which helps...

ON June 28, 2019, at the 46th annual dinner of The Association of Banks in Singapore, Senior Minister Tharman Shanmugaratnam announced that up to five new digital bank licences will be issued by the Monetary Authority of Singapore (MAS). The announcement is a significant one in light...

FOR years, global investors and financiers have identified Hong Kong as a wealthy, stable city. On many fronts, this assumption is now being called into question. Hong Kong dollar funding costs have soared amid tightening liquidity and political protests.

MERGERS and acquisitions (M&A) activity in most South-east Asian countries bucked the overall downtrend in the Asia-Pacific (Apac) ex-Japan for the first half this year, with Singapore recording US$17.1 billion in deals - a 154 per cent jump from a year ago.

MERGERS and acquisitions (M&A) activity within South-east Asia bucked the overall downtrend in the Asia-Pacific (Apac) ex-Japan region for the first half this year, with Singapore recording US$17.1 billion in deals - a 154 per cent increase, or over 2.5 times the year-ago amount.

REPUBLIC Polytechnic (RP) students and their parents can now pay school fees online using PayNow, under a new partnership between the school and OCBC Bank.

SINGAPORE-based fund manager Golden Equator Capital (GEC) has raised a total of US$90 million in two private capital funds for the growth capital of an undisclosed public-listed company in the region.