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SINGAPORE-BASED businesses using Stripe can now accept local electronic fund transfer service PayNow across its suite of solutions, the global payments processing firm said on Wednesday (Apr 20).

BANK of America beat estimates for first-quarter profit on Monday (Apr 18), as strong growth in its consumer lending business helped offset a hit from a slowdown in global deal-making.

UOB Malaysia on Monday (Apr 18) named its deputy chief executive officer (CEO) Ng Wei Wei as the bank’s first CEO effective May 1, 2022. 

SOFTBANK Group Corp’s Shu Nyatta and Paulo Passoni, two of the three managing partners at the SoftBank Group Corp’s Latin America Fund, said they are leaving to start their own venture business focused on late-stage startups in the region. 

PETER Thiel, cofounder of Paypal, didn't actually use the word "war" in his Bitcoin 2022 keynote address, though he did tear up some US$100 bills and stoked an us-vs-them framing of global finance, naming enemies ranging from Warren Buffet to ESG (environmental, social and corporate governance).

EVERY speculative asset opens up a divide between the bulls and the bears, but few have become as bitter as that over bitcoin.

SINGAPORE's banking trio seem all set to embrace the new international sustainability rules that are up for debate and could potentially obligate financial institutions to publish estimates of the carbon emissions linked to loans and investments.

THE bar for family offices to qualify for tax incentives will be raised from Monday (Apr 18), with new requirements on fund sizes, AUM (assets under management) growth and business spending, among other stricter criteria.

DIGITAL payment terminals will be installed in every primary and secondary school in Singapore, as well as in all junior colleges and the Millennia Institute by 2025, under an agreement between the Ministry of Education (MOE) and DBS.

THE year 2021 was one when Covid-19 surged anew in Singapore and globally, but clients of DBS Private Bank barely skipped a beat.