
Daily Debrief: What Happened Today (Sep 2)

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On September 2, key stories included nearly 400,000 Singapore bank customers utilizing a money lock feature to secure over S$30 billion, introduced by DBS, OCBC, and UOB. The demand for older condominiums is rising despite challenges in private apartments. HSBC's wealth head highlighted Singapore as a top offshore wealth destination. PM Wong's visit to India commemorates 60 years of relations, while DBS's plan to acquire a stake in Alliance Bank is reportedly stalled due to pending regulatory approval.

