THE High Court has thrown out a bid by a Singapore firm linked to Wirecard to free up millions of seized funds every month, claiming that these were to repay "loans" from the scandal-tainted fintech, and expenses such as "accounting services".
THE Financial Industry Disputes Resolution Centre (FIDReC) received 18 per cent more claims in the financial year ended June 30, 2020 as complaints against general insurers went up.
INDIA'S central bank has formally approved a proposed scheme through which South-east Asia's largest lender DBS will take over the cash-strapped Lakshmi Vilas Bank (LVB).
MAYBANK Kim Eng (MKE) has recommended investors take profit on the stocks of Singapore's banking trio, given that their recent "too fast, too furious" run-up may be "unsustainable".
FINTECH company IN Financial Technologies has received S$5 million in a round led by DeClout Ventures, the corporate venture capital arm of the DeClout group.
INVESTORS brought a hearty appetite to UOB's offering of one billion euros (S$1.6 billion) in seven-year covered bonds, with the deal about two times subscribed.
SINGAPORE is driving up corporate interest in sustainability, with a new grant on board and banks stepping up to improve access to sustainable financing.
THERE are growing concerns that a market correction may be on the cards next year for Asia-Pacific (Apac) real estate, which has stayed resilient despite the Covid-19 pandemic.
