PARIS-BASED insurtech company Descartes Underwriting has raised US$18.5 million in Series A funding, which will be used to support its global expansion to the US and Asia, including Singapore.
IT is possible for the dividend cap for Singapore banks to be extended into FY21, given the lower net interest income, relatively soft credit demand and uncertainties over asset quality, said DBS Group Research.
THE ongoing pandemic has sparked Asia's renewed focus on sustainable investing (SI), with wealthy families increasingly turning to businesses that are able to tide over the global health crisis.
FRESH guidelines from the Singapore regulator on the financial industry state that most financial institutions should have a succession plan that is "regularly reviewed and updated".
STANDARD Chartered veteran Judy Hsu will be moved to a global role from Jan 1, 2021. She will take charge of a new consumer, private and business banking (CPBB) business under a slew of changes in the bank's organisation structure.
STANDARD Chartered veteran Judy Hsu will be moved to a global role from Jan 1, 2021. She will take charge of a new consumer, private and business banking (CPBB) business under a slew of changes in the bank's organisation structure.
UBS, the world's largest wealth manager, on Thursday announced that sustainable investments are now the firm's preferred solution for private clients investing globally amid the Covid-19 pandemic.
FRESH guidelines from the Singapore regulator on the financial industry state that most financial institutions should have a succession plan that is "regularly reviewed and updated".
INVESTMENT bank Nomura on Thursday appointed Ravi Raju as head of international wealth management, a newly created role.
THE Monetary Authority of Singapore (MAS) will be stepping up supervisory engagement to ensure that banks in the Republic are well-prepared to transition from Swap Offer Rate (SOR) - a key interest rate benchmark - to the Singapore Overnight Rate Average (Sora) by the end of 2021,...










