Singapore
DBS names Soh Kian Tiong as chief risk officer
                                                                                 
                    
                    He has over 25 years of experience in business and risk roles.
                
                                
            DBS names Soh Kian Tiong as chief risk officer
                                                                                                                 
                            
                            He has over 25 years of experience in business and risk roles.
                        
                                                
                        
    
                    Deutsche Bank hires former HSBC head
                                                                                                 
                        
                        Tse Yi-Mun will lead the bank’s north Asia branch as its managing director and group head.
                    
                                        
                    
                Maybank Singapore unveils mixed Shariah-compliant investment fund
                                                                                                 
                        
                        The fund aims to achieve a potential monthly dividend payout of 5% per annum.
                    
                                        
                    
                UOB unveils financing platform for businesses, homeowners’ green energy needs
                                                                                                 
                        
                        The U-Energy platform has nine partners that can support energy efficiency projects.
                    
                                        
                    
                OCBC launches one-stop travel site ahead of Singapore’s re-opening
                                                                                                 
                        
                        Also included with the launch is a credit card focusing on travel.
                    
                                        
                    
                Standard Chartered targets Singaporean millennials in new ‘smart card’
                                                                                                 
                        
                        Cardholders can earn up to 6% cashback first when used in digital subscriptions.
                    
                                        
                    
                APAC banks on track for LIBOR phase-out: S&P
                                                                                                 
                        
                        Singapore banks are leading the way in adopting alternative reference rates.
                    
                                        
                    
                Singapore's virtual bank account ownership to soar 30% by 2026
                                                                                                 
                        
                        The figure is equivalent to 1,510,495 adults in Singapore.
                    
                                        
                    
                Maybank Singapore unveils new home mortgage, renovation green loans
                                                                                                 
                        
                        The bank expects to process over 500 sign-ups yearly.
                    
                                        
                    
                MAS, Singapore banks build digital platform against money laundering
                                                                                                 
                        
                        This will allow sharing of customer and transaction data on money laundering cases.
                    
                                        
                    
                Independent Reserve gets crypto licence from MAS
                                                                                                 
                        
                        It is one of the first virtual asset service providers to obtain full licensure approval.
                    
                                        
                    
                MAS grants DBS brokerage arm crypto licence
                                                                                                 
                        
                        The monetary authority also granted one to an Australian firm.
                    
                                        
                    
                Singapore, Malaysia to link real-time payment systems PayNow, DuitNow
                                                                                                 
                        
                        Remittances between the two countries reached S$1.3b in 2020.
                    
                                        
                    
                OCBC Bank announces first sustainability-linked deposit in Singapore
                                                                                                 
                        
                        The deposit has a required minimum investment amount of $5,000.
                    
                                        
                    
                SG's investment banking fees rise 30.2%
                                                                                                 
                        
                        Investment banking activities generated $725.5m in fees.
                    
                                        
                    
                FavePay teams up with Google Pay to offer cashback to Singapore users
                                                                                                 
                        
                        Google Pay users can get up to a 20% cashback when they pay through SGQR.