Singapore Fines DBS, Citi for Breaches in Wirecard Scandal
Singapore’s financial regulator imposed penalties amounting to a total of S$3.8 million ($2.8 million) on four financial institutions
2023-06-22 08:53
While Yuan Struggles Other China Proxies Are Beginning to Soar
China’s move to ramp up stimulus measures to boost its economy is providing little fillip for the yuan,
2023-06-19 07:28
China Big Four State Banks Said to Cut Dollar Deposit Rates
China’s four big state lenders have effectively cut dollar deposit rates, according to people familiar with the matter,
2023-06-07 17:50
Singapore Banks Are So Flush With Deposits That DBS Is Loaning MAS S$30 Billion
Singapore banks are flushed with deposits with few options to deploy them amid a tepid lending environment. The
2023-06-07 09:54
PBOC Extends Cash Support in May After Credit Growth Slumped
China’s central bank injected more long-term liquidity into the financial system for the sixth month in a bid
2023-05-15 10:21
Singapore to Allow Banks Share Client Data to Fight Crime
Singapore banks will be able to share information on potentially risky clients next year, a move aimed at
2023-05-09 17:16