Ant Group subsidiary among successful digital bank applicants in Singapore
An entity wholly-owned by Ant Group is among the successful applicants for a Digital Wholesale Bank (DWB) license in Singapore.
MAS
Singaporean regulator bans ex-OCBC employee over unauthorized FX trades
MAS banned Lu Chor Sheng for 17 years because he used the OCBC accounts of a friend to place unauthorised FX trades with off-market rates.
