News

  • 11
    Mar

    Chinese insurers expanding in Singapore; eyeing South-east Asia

    The Business Times by LEILA LAI

    Singapore DESPITE Singapore's small market size, a handful of Chinese insurers has been expanding slowly but surely into the country, and appears poised to use it as a springboard into the rest of South-east Asia. Currently, two China-based insurance… More

  • 01
    Mar

    Singapore fintech investments double in 2018

    The Business Times by RACHEL MUI

    Singapore FINTECH investments in Singapore more than doubled to US$365 million last year, up from US$180 million the year before, placing the Republic among the top five fintech markets by funds raised in the Asia-Pacific last year. An analysis by Accenture… More

  • 28
    Feb

    Private banks continue to expand amid challenging markets

    The Business Times

    Roundtable participants August Hatecke, Co-Head Wealth Management Asia Pacific, UBS Global Wealth Management Pierre Masclet, Indosuez Wealth Management Asia CEO and Singapore branch manager Arnaud Tellier, Head of Wealth Management, Southeast Asia,… More

  • 28
    Feb

    Ex-DBS CFO Jeanette Wong tipped to join UBS board

    The Business Times by LYNETTE TAN

    Singapore THE world's largest wealth manager UBS plans to add top DBS banker Jeanette Wong and former New York Federal Reserve chief William Dudley to its board, the Swiss bank said this week. The election to the board of UBS Group is set to take place… More

  • 22
    Feb

    Banking disruptor Revolut set for Singapore beta launch in coming weeks

    The Business Times by JAMIE LEE

    Singapore REVOLUT - a London-based fintech dubbed a "banking challenger" - said that it will be making a beta launch in Singapore in the "coming weeks", as it looks to gain ground over incumbent financial players here and in the region. This also comes… More

  • 18
    Feb

    Singapore Life buys payments app amid fintech consolidation

    The Business Times by JAMIE LEE

    Singapore THERE are some bubbling signs of consolidation in the fintech space, as Singapore Life - an insurer largely distributing products online - snaps up payments service firm Yolopay's assets to broaden its suite of services in the finance space.… More

  • 12
    Feb

    Singapore banks likely to post record earnings for full year 2018

    The Business Times by SIOW LI SEN

    Singapore THE three Singapore banks are expected to announce record full year 2018 earnings in their upcoming Q4 results with modest loans growth amid higher margins. Eagerly anticipated will be an announcement of higher dividends from United Overseas… More

  • 12
    Feb

    DBS hires Citibank Singapore CEO to head group strategy

    The Business Times by JAMIE LEE ,VIVIENNE TAY

    Singapore DBS has snagged former Citibank Singapore CEO Han Kwee Juan, who will from April take on the role of group head of strategy and planning. The 51-year-old will occupy the role held previously by Shee Tse Koon, who was appointed DBS' Singapore… More

  • 07
    Feb

    Leveraging tech to set a course for future of insurance

    The Business Times

    Singapore LIFE insurer Prudential Singapore has launched the third edition of its flagship innovation initiative - the Pru Fintegate Partnership - in an effort to strengthen its partner ecosystem of fintech, insurtech, healthtech and medtech companies.… More

  • 07
    Feb

    MAS named Central Bank of the Year

    The Business Times

    Singapore THE Monetary Authority of Singapore has been named Central Bank of the Year by London-based publisher Central Banking. Singapore's de facto central bank was named as one of the two overall winners in the sixth annual industry awards recognising… More