Singapore

Digitalisation amplifies data and liquidity risks

Increasing interconnectivity increases complexity and opacity.
1 day ago

Digitalisation amplifies data and liquidity risks

Increasing interconnectivity increases complexity and opacity.
1 day ago

SGX FX onboard Rand Merchant Bank on buyside platform

RMB will offer liquidity services to the OTC FX buyside platform.
2 days ago

Loan growth & higher fees prop up Singapore banks’ earnings in Q1

DBS’ and OCBC’s DPS are likely to rise in H2.
2 days ago

UOB appoints Mark Tan as head of internal audit in Hong Kong

Tan will oversee all audit functions for UOB Hong Kong.
2 days ago

Atome’s BNPL debuts on Taobao Singapore

Every Saturday, Atome shoppers can enjoy a $12 off for a $120 minimum spend.
4 days ago

MAS appoints trade minister Gan Kim Yong as new chairman

He will be replacing DPM Lawrence Wong.
4 days ago

OCBC launches $676.95m fixed rate subordinated notes

The notes will have a coupon of 5.52% annually.
4 days ago

SGX welcomes ETF tracking APAC financial institutions

It has S$47m in assets under management at launch.
5 days ago

Why banks need fintechs to buoy loan growth

Loan demand has doubled in Singapore, and fintechs can help onboard quality clients.

UOB grants 30,400 shares to eligible non-executive directors

The share awards are part of the directors’ remuneration for 2023.

OCBC logs record net profit of S$1.98b in Q1; EPS is S$1.76

Higher wealth management and insurance income pushed up fee income.

OCBC courts Great Eastern with S$1.4b offer

The bank plans to increase its investment beyond its current 88.44% stake.

DBS names Ping An Tech’s Eugene Huang as bank CIO

Huang led a team of 22,000 employees in Ping An to provide IT offerings.

Citi names Damien Tan as head of corporate bank for Singapore

Tan was previously head of local corporates for Citi Singapore.

DBS CEO Piyush Gupta sells S$2.69m bank shares

He still holds over 2.715 million shares in DBS.

UOB’s core net profit down 1% to S$1.6b in Q1 as interest income dips

Trading and investment income hit a record high, however.

UOB to maintain good asset quality amidst profitability dip

The bank is also expected to have a steady core capital ratio.