Wealthtech
MAS to Invest SG$6.9 Bil Into Private Equity and VCs To Spur Ecosystem Growth
The Monetary Authority of Singapore (MAS) announced the launch of a new US$5 billion (SG$6.91 billion) worth private market programme. MAS will be allocating this amount of its own funds as its investment portfolio in the private markets asset class.
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DBS Aims to Save 10,000 Manhours Through Whatsapp and WeChat Banking Service
DBS announced the launch of DBS Wealth Chat, a service that will allow DBS’ wealth clients to interact, exchange ideas and transact with their relationship managers via popular instant messaging platforms WhatsApp and WeChat. The bank claims to be the first
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Bank Of Asia Launches Fully Digital Offshore Banking From a Tax Haven
Bank of Asia, a fully digital cross-border bank, will be having its official launch in the British Virgin Islands after being awarded the only banking license in the territory within two decades by the British Virgin Islands Financial Services Commission.
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