Singapore
Maybank Singapore appoints Alvin Lee as new CEO
Maybank Singapore appoints Alvin Lee as new CEO
Lee is currently head of group wealth management and community financial services.
Digital wealth platform Endowus partners with Brookfield Oaktree Wealth Solutions
Brookfield has US$850b in AUM whilst Oaktree has US$183b in AUM.
Digital asset exchange DigiFT clinches capital markets service license in SG
DigiFT can now conduct regulated dealing of capital markets products.
MUFG Investor Services opens operational center in Malaysia
Kimberly Clark’s Puneet Gupta will be the new managing director of the center.
MAS unveils multi-sector transition taxonomy
This is the first taxonomy globally to pioneer the concept of a “transition” category.
Korea’s Woori Bank faces lower profits, rising credit costs in 2024
Capitalisation, funding, and liquidity are expected to remain stable.
HSBC SG's Tancy Tan on balancing risk and innovation in AI adoption
COO Tancy Tan says the bank currently runs over 100 use cases for generative AI.
Maybank Singapore approves landmark US$100m green-linked Islamic loan
Maritime transportation services company AET will use it to reduce GHG emissions.
Singapore’s net interest margins to peak in 2024: S&P
NPL ratio will remain below 2% and NIMs may peak at up to 2.2%.
Italy brings its strong suits to Singapore’s fintech expo
Italian trade executive says 9 firms at the Singapore Fintech Festival 2023 exemplify the diverse range of products and expertise Italy can bring to the table.
OCBC enables customers to lock money in their accounts
Locked funds cannot be used for payments, investments, and ATM withdrawals.
Plotting a Roadmap to a thriving Digital Finance Ecosystem
With the growth of DFS as a key element of the everyday lives of more users here and across the region, it is vital that the infrastructure supporting these technologies remains robust and resilient while providing strong foundations for innovation, writes AWS' Daniel Wu and Elevandi's Pat Patel.
Financial advisor MoneyOwl given new life with proposed acquisition by Temasek Trust
It will no longer be shutting down its website and app.
Singapore FinTech Festival 2023 draws record 66,000 participants
Participants came from over 150 countries and regions, from just 115 in 2022.
Singapore’s FIs ready for asset quality risks: MAS
Financial institutions are in strong capital and liquidity positions and have healthy profits.
Here's how OCBC's new money lock feature works
The feature's purpose is to be a strong defence against malware and phishing scams.
Trust Bank sets the bar for digital banking in Asia Pacific
The digital bank targets to be Singapore's fourth largest retail bank, CEO Dwaipayan Sadhu said.
Commentary
APAC has mastered domestic payments. The next challenge is connecting them.
Why fragmented communications are becoming a hidden governance risk for Asia Pacific banks
From automation to agency: Asia’s wealth leaders can reinvent, not just streamline
Singapore aced its FATF evaluation — now comes the hard part
Are Asia’s digital banks prepared for the stablecoin era?
Why APAC is building home-currency stablecoins
Why Southeast Asian wealth managers must design the business before buying the technology
Why trust in Asian banking increasingly gets built off the record
Hong Kong cleared stablecoins for take-off. Getting them to work across Asia is the hard part