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Koo has more than 30 years of experience in audit, compliance and risk functions at financial institutions. Credit: VP Bank. VP Bank Singapore has named Vincent Koo as its new chief risk officer, with the appointment taking effect on 24 August 2026. He will oversee risk, control and operational matters at the branch. Access deeper…
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Global bonds pull back from historic yield peaks as Hormuz traffic thins
(RTTNews) – Sight Sciences, Inc. (SGHT), an eyecare technology company, on Wednesday said the U.S. Food and Drug Administration has expanded the indications for its TearCare System, making it the first treatment for meibomian gland dysfunction or MGD specifically cleared to improve gland function in patients with evaporative dry eye disease. The updated label, effective…
PayPal is introducing new ways for students to make tuition payments through its platforms, according to a Wednesday (Aug. 19) press release provided to PYMNTS. There are integrations with three education payment platforms, including Illumia, Nelnet Campus Commerce and TouchNet, the release said. They give students and their families the option to pay tuition and…
Key insight: Bankers in the U.S. can learn a few things from watching the rollout of the EU’s new AI Act. Specifically, they should notice the gaping hole where rules about identity verification ought to be. What’s at stake: The banking industry has spent years building systems around the idea that someone’s voice, and/or face,…
An experimental personalized cancer vaccine from Merck and Moderna showed positive initial results in its first-ever late-stage trial, the companies announced Wednesday, bringing them one step closer to filing for approval of the treatment option. The mRNA-based shot in combination with Merck’s immunotherapy Keytruda met key goals in the phase three trial in more than…
The S&P 500 Index ($SPX) (SPY) closed down by -0.69% on Tuesday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.22%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -1.68%. E-mini S&P futures (ESU26) fell -0.69%, and September E-mini Nasdaq futures (NQU26) fell -1.67%. Stock indices settled lower on Tuesday, with the S&P 500 and…
“Such a system would help ensure that no one is financially devastated by a serious illness or injury.”
A lender is suing to foreclose on a mostly empty office building in Midtown. The lender, Bank 2018-BNK13, filed a complaint in federal court in the Southern District of New York last week asking a judge to foreclose on an office building’s $37.5 million mortgage and appoint a receiver to run the property. The lender…