THE Monetary Authority of Singapore (MAS) will be committing S$250 million over the next three years to enhance an existing scheme as part of efforts to accelerate technology and innovation-driven growth in the financial sector.
SINGAPORE'S financial sector created 22,000 net jobs between 2015 and 2019, and of these, three out of four jobs went to locals, said a top official from the Monetary Authority of Singapore (MAS) on Wednesday.
SINGAPORE'S financial sector has created 22,000 net jobs between 2015 and 2019, and of these, three out of four jobs went to locals, said a top official from the Monetary Authority of Singapore (MAS) on Wednesday.
OCBC Bank and European asset manager Amundi on Tuesday launched a fund with an embedded dollar-cost-averaging (DCA) feature, said to be the first of its kind in Singapore.
LIKE the rest of us, the world's finance industry is still wrestling with the huge uncertainty of a pandemic that doesn't yet have an end. The sector's reputation took a battering after the financial crisis, and it's too early to say how things will go this time....
OCBC took a knife to its offshore support vessels exposure, providing in full against bad loans for what Citi Research calls a "legacy book", and crunching its exposure down to negligible levels.
IN THE first case before the Singapore courts associated with scandal-hit German payments company Wirecard, Singaporean R. Shanmugaratnam has been slapped with four charges of falsifying letters that stated bogus balances held in his company's accounts.
