Singapore

OCBC’s revised Great Eastern bid seen having limited financial impact: RHB

OCBC’s revised Great Eastern bid seen having limited financial impact: RHB

RHB maintained a ‘Neutral’ rating on OCBC with a target price of SGD17.50, representing a 7% upside.
in 2 hours

DBS surpasses US$100b market cap

The bank’s market cap is over S$129.35b according to data from the SGX.
12 hours ago

Digital token firms serving foreign clients must obtain a license: MAS

Without a license, they will need to cease operations by 30 June.
1 day ago

Digital wealth platform Syfe raises $80m in series C funding round

It now has over $10b in assets, it said.
5 days ago

OCBC names Elaine Heng as head of global commercial banking

Tan Yuen Siang will join the global wholesale banking leadership team.

Deutsche Bank partners with finaXai on token fund servicing

It will assess the integration of machine learning and large language models into asset servicing workflows.

OCBC, UOB to maintain strong capital buffers through 2026: Moody’s

CET1 ratio and return on assets will decline, however.

MUFG invests in sustainability reporting and AI automation

Its banking subsidiary partnered with AI R&D company Sakana AI.

Trust Bank revenue doubles to S$97m whilst losses narrow in 2024

Costs reportedly rose only 4% in 2024, the Singapore-based digital bank said.

Aleta Planet launches payment app for Muslims

The platform will soon let users find Muslim businesses in the region.

DBS’ ‘superior’ funding franchise a buffer against volatile financial markets

However, problem loans are likely to increase, and profitability will decrease.

DBS CEO Tan Su Shan ranked sixth most powerful woman in business

Tan took the helm in SEA’s largest bank in April 2025.

Maybank facilitates $545m in investments into Johor-Singapore SEZ

It has facilitated submission of Letters of Intent by Thomson Medical Group, etc.

Embedded finance platform Credilinq closes $8.5m Series A funding round

It plans to expand to the US, and eventually the UK and Australia.

Singapore in talks with banks to enhance financing schemes for businesses

Local companies have expressed concern on delayed and cancelled orders.