Uob - XYZ News

MAS Imposes S$27.45 Million Penalties on Financial Institutions Over Major Money Laundering Case

The Monetary Authority of Singapore (MAS) has announced hefty penalties totalling S$27.45 million (US$21.55 million) against nine financial institutions (FIs) due to breaches related to a significant money laundering case…

Sarah Lin04/07/2025

singapore

UOB Rejects Ken Koh’s Allegations Amid MAS Investigation

SINGAPORE — In a recent turn of events, United Overseas Bank (UOB) has firmly rejected allegations made by Ken Koh, former CEO of the now-defunct Yang Kee Logistics. Koh, whose…

Nicole Teo29/03/2025

singapore

OCBC and UOB to Support Junior Employees with One-off Payments Amidst Cost-of-Living Pressures

In a bid to alleviate ongoing cost-of-living concerns, Singapore banks OCBC and UOB have announced plans for one-off financial support aimed at their junior employees. This will mark the second…

Ryan Tan24/12/2024