Banks
Other major retail banks to introduce ‘money lock’ by mid-2024; activated for 78,000 accounts so far
MAJOR retail banks will join the three local banks in introducing the “money lock” feature – which lets customers set aside funds so they cannot be transferred digitally –...
UOB slashes One savings account interest rates from May 1
UOB : U11 0% is introducing lower interest rates for its One savings account members ahead of anticipated rate cuts by the US Federal Reserve.In a Monday (Apr 1)...
UOB cutting One savings account rates; DBS, OCBC staying put for now on similar products
UOB : U11 0% is introducing lower interest rates for its One savings account members ahead of anticipated rate cuts by the US Federal Reserve.In a Monday (Apr 1)...
Money laundering accused, who jumped from bungalow balcony, slapped with 12 new charges for cheating IRAS, MOM, banks
MONEY laundering accused Su Haijin was on Monday (Apr 1) handed 12 new charges for allegedly conspiring to cheat the Inland Revenue Authority of Singapore (IRAS) and Manpower Ministry...
Money laundering accused, Su Haijin, slapped with 12 new charges for cheating IRAS, MOM, banks
MONEY laundering accused Su Haijin was on Monday (Apr 1) handed 12 new charges for allegedly conspiring to cheat the Inland Revenue Authority of Singapore (Iras) and Manpower Ministry...
Japanese banks less reluctant to finance hostile takeovers, lobby chief says
JAPANESE banks have become less reluctant to finance hostile acquisitions because the government’s new takeover guidelines have shaken off the taboo on such deals, the country’s new banking lobby...
UBS cuts 2023 bonus pool by 14% after deal, trading slowdown
UBS Group cut its bonus pool for last year by 14 per cent after a tougher year for deal-makers and traders, as the Swiss bank increases its cost-saving targets...
China’s Bank of Communications posts slight profit gain, warns of property risks
CHINA’S Bank of Communications (BoCom), said on Wednesday (Mar 27) it needed to improve risk control of its property-sector related business, after posting tepid 2023 profit growth.BoCom, the first...
