Singapore

Citi Singapore almost triples wealth transactions after digital revamp

Four of five clients use the bank’s mobile app regularly. 
5 days ago

HSBC names Ishan Sarkar as head of WPS, Singapore

He is tasked with driving a differentiated wealth strategy for Singapore.
6 days ago

UOB becomes direct participant of China’s cross-border interbank payment system

UOB will provide one-stop cross border RMB clearing, settlement, and payments.

DBS partners with Austrade to help Australian companies expand into SEA

DBS will provide advisory services, financial planning, and risk management.

SG digital banks expand into investments and loans to boost profits

One problem they face is that many accounts remain inactive.

Singapore's banks leave more jobs unfilled as hiring slows

For every two people who resign, only one post gets replaced.

DBS first to accept CPF LIFE payouts for credit card applications

It aims to expand access to financial products for retirees and seniors receiving monthly payouts.

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

RHB maintained a ‘Neutral’ rating on OCBC with a target price of $17.50, representing a 7% upside.

DBS surpasses US$100b market cap

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

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

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

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.