SMI Vantage seeks to delist without exit offer, citing ‘difficult financial conditions’
SMI Vantage intends to hold an extraordinary general meeting for minority shareholders to evaluate and vote on a resolution that ...
Tag: Financial
New real-time fraud surveillance duty for financial institutions; loss-sharing framework to begin on Dec 16
Rules set expectations of payouts for affected victims; require FIs and telcos to mitigate phishing scams FINANCIAL institutions (FIs) will ...
Banks, telcos, scam victims to share loss liability from Dec 16; financial institutions to roll out real-time surveillance
FINANCIAL institutions (FIs) will now be required to implement real-time fraud surveillance on unauthorised transactions from phishing scams, under the ...
Independent financial adviser deems offer for Dyna-Mac ‘fair and reasonable’
THE takeover offer for oil-and-gas contractor Dyna-Mac at S$0.67 a share has been deemed “fair and reasonable” by the independent ...
UOI profit before tax down 2% to S$22.1 million amid fall in net insurance service and financial results
Its insurance revenue is 14% up to S$79.4 million; other income is 8% higher to S$10.3 million UNITED Overseas Insurance ...
US banks prepare for new era of consumer financial data sharing
US BANKS will now have to give customers access to their financial data after the top consumer watchdog finalised a ...
🤑 Is financial freedom just about getting rich quick and retiring early? Here’s what we think
🧮 Numbers gameWe’re familiar with various financial goals such as saving S$100,000 by 30, or retiring by 45 with enough ...
BlackRock, JPMorgan asset back Dynasty Financial at US$800 million valuation
DYNASTY Financial Partners, a provider of back-office services to independent investment advisers, won backing from BlackRock and JPMorgan Asset Management ...
Financial services enabler BNY aims to ride Asian growth
There are multiple opportunities for the bank as it provides solutions across a spectrum THE development of economies and markets ...
UK Starling Bank fined £29 million for financial crime failings
THE Financial Conduct Authority (FCA) has fined Starling Bank £29 million (S$49.6 million) after identifying shortcomings in the British digital ...