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By Andrew Lee

AS the world’s knowledge of climate change deepens, few would now argue over the devastating effects it has on biodiversity and health. Less obvious but just as deadly is the damage to the financial stability of economies.

BANKING-related phishing scams are on the rise again, with bank staff impersonation calls or unsolicited SMSes claiming at least 28 victims who collectively lost S$114,000 since the start of May, the Singapore Police Force (SPF) said in a statement on Sunday (Jun 5).

CRYPTO firms are bracing themselves, for “winter" is coming according to the billionaire Winklevoss twins who run crypto business Gemini Trust.

FINANCIAL institutions (FIs) in the Asia-Pacific are lagging their global counterparts in appointing sustainability leaders in their highest levels of management, according to a report by consultancy company Russell Reynolds Associates (RRA) released on Friday (Jun 3).

THE Investment Management Association of Singapore (IMAS) on Thursday (Jun 2) launched an e-learning training module on the 2020 edition of the Global Investment Performance Standards (GIPS).

MORE measures have been introduced by the Monetary of Singapore (MAS) and Association of Banks in Singapore (ABS) to further safeguard customers from digital banking scams, <a href="/government-economy/mas-and-abs-introduce-new-measures-to-bolster-digital-banking-security" target="_blank">on top of those already announced</a> on Jan 19, 2022.

OCBC has priced S$500 million in 3.9 per cent perpetual capital securities, which will be first callable in 2027.

VIETNAM’s growing middle class needs access to more investment solutions and a wider variety of asset classes, as well as more financial education, said Techcombank’s chief executive officer Jens Lottner.

VIETNAM’s growing middle class needs access to more investment solutions and a wider variety of asset classes, as well as more financial education, said Techcombank’s chief executive officer Jens Lottner.