Singapore

Citi APAC's virtual programme attracts 500 Singaporean students

It has modules on investment banking and markets and securities services.

Citi APAC's virtual programme attracts 500 Singaporean students

It has modules on investment banking and markets and securities services.

UOB Asset Management unveils robo-advisory app for retail clients

This makes them the first regional asset management firm to offer robo-advisory.

Citi names Lee Lung Nien as South Asia private bank head

His main task is to business development and client acquisition.

Majority in APAC still hope to move from LIBOR despite pandemic: poll

Three-fifths have have seen their transition plans grinding to a halt.

DBS, cloud software firm Infor float new trade finance venture

It will utilise supply chain data for risk and credit worthiness.

How Lendela streamlines customers' loan application process

The platform matches up customers’ loan needs from banks and lenders.

Singapore QR payments firm Fave partners with Pine Labs

Fave's QR code will be integrated with Pine Labs' payment terminals.

Singapore central bank fines trust firm for money laundering holes

Asiaciti Trust committed money laundering breaches between 2007 and 2018.

SmartStream the first to launch a comprehensive intraday liquidity stress testing on demand solution

Banks will be able to run their stress tests in minutes–essential for making real-time decisions and risk analysis.

Singapore banks' trading print to offset lower interbank rates

Loan growth for the major banks are likely to be 1-2% QoQ.

Deutsche Bank's new Asia CEO picks Singapore over Hong Kong

The bank's new APAC ESG head will also be moving to the Lion City.

Citi APAC's virtual campus gets over 4,000 sign-ups

Outstanding students may be contacted for permanent or internship roles.

Only one in APAC's 50 biggest banks was prepared for a pandemic

Only Sumitomo Mitsui Trust Holdings identified a pandemic as a key risk to business operations.

APAC banks to account for 60% of global credit losses over 2020-2021

Credit losses are likely to peak by end-2021 and recover by 2023.

Weekly Global News Wrap: Central bankers push to drop Libor by end-2021; Wells Fargo posts $2.4b Q2 loss

And regulators race to enact cross-border payment rules to counteract Facebook.