DBS Bank India appoints Rajat Verma as MD, Head of Institutional Banking
DBS Bank MD: Rajat Verma will be taking over from Niraj Mittal, who will take charge as the country head of DBS Bank in Australia
Source: business-standard.com
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Citi Executive Backs Pause Clauses for Emerging-Market Debt
(Bloomberg) -- A senior banker at Citigroup Inc. said lenders need to accept so-called pause clauses to let struggling sovereign borrowers temporarily halt debt payments if they’re hit by a catastrophe.Most Read from BloombergTitanic Sub Crew Dead After Vessel’s Catastrophic ImplosionThese Are the World’s Most (and Least) Liveable Cities in 2023Five-Star Hotel Guest Leaves Without Paying After 603-Night StayUS Navy Detected Titanic Submersible’s Implosion Days AgoUS Treasury Secretary Yellen See
Source: yahoo.com
SINGAPORE -- Big banks and investors in Singapore are betting large on blockchain technology as a gateway to send money and trade assets more efficien
Source: nikkei.com
SINGAPORE -- Big banks and investors in Singapore are betting large on blockchain technology as a gateway to send money and trade assets more efficien
Source: nikkei.com
MAS fines DBS, OCBC, Citibank, Swiss Life S$3.8 million for breaches linked to Wirecard case
SINGAPORE: The Monetary Authority of Singapore (MAS) has fined banks DBS, OCBC, Citibank and insurer Swiss Life a total of S$3.8 million (US$2.83 million) for breaching its requirements on anti-money laundering and countering terrorism financing. The breaches were identified when MAS examined the financial
Source: channelnewsasia.com