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He left the industry after a brief acting career. [1] His last drama was The Millennium Bug in 1999. [2] Lye has since worked in the banking sector and was the head of markets with Citibank International Personal Bank in Singapore. He was recruited as the global head of international banking by Standard Chartered Bank in October 2022. [3]
Commercial banks in Singapore may undertake universal banking, such as the taking of deposits and the provision of cheque services and lending, as well any other business authorised by the Monetary Authority of Singapore, including financial advisory services, insurance brokering and capital market services, as long as they are permitted under section 30 of the Banking Act.
Citibank is one of the earliest financial institutions in Singapore that is still in operation today. In 1902 International Banking Corporation becomes the first American bank to open a branch in Singapore. Located at 1 Prince Street, the Singapore branch focused on financing the exports of tin and rubber from the Malayan hinterland. [2]
In 2023, Trust bank had more than 500,000 customers, which is about 10 per cent of Singapore’s adult population. [7] In 2024, the bank had more than 800,000 customers. The deposit balance had surged from S$1.2 billion to more than S$3 billion. [8] The CEO Sadhu predicted that the bank can become profitable by the end of 2025. [8]
The MAS Electronic Payment System, or MEPS in short, is an SGD-only online interbank payment and fund transfer system in Singapore. [1] It went online in July 1998, and is owned and operated by the Monetary Authority of Singapore (MAS). The irrevocable transfer of funds and the real-time nature of transfers are some of the key features of MEPS.
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James Gomez (born 10 January ... is a Singaporean academic, politician and a member of the Singapore Democratic Party. [1] Career. Academic career ... at 22:37 (UTC ...
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