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CapBridge taps blockchain for its platform

PRIVATE securities exchange CapBridge 1exchange (1X) will deploy blockchain, or distributed ledger technology (DLT), for the trading of private company shares listed on its platform, and to register and track investor shareholdings, CapBridge said in a media release on Tuesday.

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StanChart launches instant digital credit card and loan issuance service

STANDARD Chartered Bank customers can now apply for credit cards or personal loans of up to S$200,000 via the bank’s website, online and mobile banking and receive their digital credit card or loan disbursement instantly.

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CapBridge taps blockchain for its private exchange platform

PRIVATE securities exchange CapBridge 1exchange (1X) will deploy blockchain, or distributed ledger technology (DLT), for the trading of private company shares listed on its platform, and to register and track investor shareholdings, CapBridge said in a media release on Tuesday.

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One third of job roles in finance may be impacted by automation: MAS-IBF study

WITH the rise of data analytics and automation, the next three to five years may see a third of job roles in Singapore's finance industry performed by fewer workers, potentially reducing overall demand for workers in specific job roles.

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Have a credit card? You’re among China’s fortunate

OWNING a credit card can seem like a rite of passage in the US, where even a college student with no income can sign up and start swiping. More than two-thirds of Americans over the age of 15 carry plastic.

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Piyush Gupta and the Thucydides trap

DBS Group Holdings shareholders may be fascinated to find that they can glean CEO Piyush Gupta's world view from the bank's latest annual report.

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Singapore banks’ FX volumes surge on strong Asian growth

SINGAPORE banks' foreign exchange (FX) volumes are gaining at a blistering pace as global flows pour into the region, attracted by its strong economic fundamentals.

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DBS to cease financing of new coal power plants

DBS Bank has decided to cease financing new coal-fired power plants in any market, after honouring existing commitments, the second Singapore bank to do so.

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1MDB saga: What the public needs to know

FOR a country well-reputed for its robust regulatory framework, the 1Malaysia Development Berhad (1MDB) saga has brought the vigilance of financial institutions in Singapore sharply into the spotlight.

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ICBC Singapore’s first green bond is a mega US$2.2b issue

INDUSTRIAL and Commercial Bank of China (ICBC) Singapore Branch has issued its first green bond, a mega US$2.2 billion deal in three currencies.

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