[ad_1] Singapore’s financial regulator banned DBS Group Holdings Ltd. from acquiring new business ventures for six months and the bank will hold senior management accountable after a spate of digital…
Tag: DBS Group Holdings Ltd
DBS Has $74 Million Exposure to Singapore Laundering Scandal
[ad_1] DBS Group Holdings Ltd.’s exposure to a money laundering scandal in Singapore is about S$100 million ($74 million), mainly from financing properties of those arrested in one of the…
Singapore Billion Dollar Money Laundering Case Exposes Gaps in Defenses
[ad_1] A billion-dollar Singapore money laundering probe is shining a light on fund flows from abroad and raising questions about loopholes that enabled an alleged crime syndicate to accumulate luxury…
Tech’s been hit by layoffs. But Singapore is still investing big in its talent — in tech and beyond
[ad_1] Demand for individuals with specialized tech talent isn’t limited to the tech sector, says Singapore’s Infocomm Media Development Authority. Jimmyfam | E+ | Getty Images Singapore hasn’t been spared…
The year is already toast for Singapore Banks
[ad_1] Just two months ago, it looked like DBS Group Holdings Ltd. would benefit from panic in the global banking industry, gaining as the super-rich moved some of their money from a…
Singapore’s digital banks dangle incentives to win new customers — is it sustainable?
[ad_1] Singapore’s new digital retail banks are offering lower fees, more incentives and waiving minimum account balances to win over customers from traditional banks. But how viable is this in…