Financial Services
Only 40% of locals have retirement plans amidst savings concerns
Only 40% of locals have retirement plans amidst savings concerns
A third have never calculated how much they need for retirement.
5 hours ago
Wealth and customer flows cushion banks as trading income drops
Non-interest income fell 18.5% on weaker trading, investment and insurance income.
2 days ago
HSBC Singapore’s Rewards+ offers up to 6.01% interest on savings
Eligible customers can earn interest on the first $100,000 of their average daily balance.
3 days ago
Big three banks grow nine-month profit despite Q3 dip
Fee expansion and lower provisions underpinned the gains.
3 days ago
Visa sets up 6 capability hubs at Paya Lebar centre
The centre will house over 1,500 professionals in cybersecurity and engineering.
6 days ago
MoneySmart customers in Singapore, Hong Kong hit by data breach
The company discovered and stopped the unauthorised access on 29 October.
SBI Digital Markets, Ember team up on real-world asset tokenisation
Initial products are currently targeted for deployment on the blockchain platform Arbitrum.
MUSE Intelligence targets institutional investors in Southeast Asia
The initiative will initially focus on Singapore, Indonesia, Malaysia, and Thailand.
Syfe names Jaclyn Kaur as Head of Wealth Advisory Singapore
Kaur has worked at ANZ Private Bank, Crédit Agricole and Guotai Junan.
IRAS reviews tax claims by over 3,000 taxpayers
Convicted false claimants may be fined, sent to jail, or both.
IRAS eases corporate income tax filing with enhanced digital resources
More than 320,000 companies will benefit from the expanded digital self-help suite.
Nearly half of Singaporeans focus on cashback than interest, survey says
Only one in 10 is confident about knowing their bank’s interest rates.
MAS tightens rules for financial roadshows and public marketing
Financial institutions must limit public prospecting to designated commercial areas.
Big 3 banks’ stock prices drop up to 10% on bond yield concerns
There is a growing sense that the sector may be overvalued, a Julius Baer analyst said.
MAS updates safeguards for AI agent-driven financial transactions
The framework covers authorisation, transaction checks, and accountability.
Temasek's Seviora to integrate three asset management firms by 2027
The combined business is expected to operate under the group’s name.
Borrowing rate stays low at 1.2% despite higher US yields: MAS
The three-month compounded SORA remained below its 10-year average of 1.5%.
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