The Monetary Authority of Singapore (MAS) has appointed its former managing director, Ravi Menon, chairman of a new entity focused on growing Singapore’s fintech ecosystem with the global community.
Quoteworthy: "This is not either a precursor, or intention, or preparation for any split." –— HSBC chief executive Georges Elhedery elaborating on the bank’s plans to divide its operations into “eastern” and “western” sections
MAS appoints ex-managing director Ravi Menon as chairman of new fintech group

