Singapore

UOB's potential asset management sale could unlock value for wealth push

The bank is likely to reinvest any proceeds to enhance its advisory capabilities.
1 day ago

OCBC unveils local physical gold service for institutional clients

The bank will offer 12.4kg gold bars alongside 1kg kilobars. 
1 day ago

DBS Remit adds Weixin Pay as transactions surge eightfold

Average ticket sizes have grown to over S$800 since February.
4 days ago

How can Singapore’s big banks offset weaker lending margins?

Net interest income at DBS, OCBC, and UOB is expected to fall this year.
6 days ago

DBS rolls out ‘tap-to-phone’ payments at MAX app

Stall merchants will be able to activate the service in three steps, the bank said.

UnionPay and STB renew 3-year deal to boost Singapore tourism spending

They will partner with banks, luxury travel platforms, and tourism stakeholders.

Singapore's private banker crunch clouds $4.22t cross-border wealth boom

Billionaire wealth jumped 66.4%, lifting the market past Australia. 

Singapore banks stretch hiring as caution deepens

Headcount across 15 lenders rose just 0.005% in 2025.

DBS to open 18 new wealth centres by 2027

The bank will also upgrade 36 existing centres over the next 18 months.

Singapore's Big 3 banks eye 6% profit growth on wealth momentum

DBS and OCBC are expected to have higher PATMIs than previously forecasted.

Nearly half of finance workers fear AI job impact

ACCA finds strong AI adoption in finance roles, but job security concerns persist.

CommBank tests AI banking assistant in app pilot

CommBank Companion will use live data to deliver financial info to customers.

Singapore to slash private bank account opening to under a month

A new circular aims to cut onboarding bottlenecks.

MAS backs Singapore's finance edge as global risks deepen

MAS’ new circular aims to reduce private bank account opening to just one month.

Grab takes control of Indonesia’s Superbank via GXS transfer

The transfer will increase the group’s stake in the bank to over 50%.