Singapore
HSBC names Ishan Sarkar as head of WPS, Singapore
HSBC names Ishan Sarkar as head of WPS, Singapore
He is tasked with driving a differentiated wealth strategy for Singapore.
1 hour 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.
1 day ago
DBS partners with Austrade to help Australian companies expand into SEA
DBS will provide advisory services, financial planning, and risk management.
1 day ago
SG digital banks expand into investments and loans to boost profits
One problem they face is that many accounts remain inactive.
4 days ago
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 backs Great Eastern delisting bid with S$0.9b exit offer at EGM
The offer is priced at $23.52 per share.
Digital wealth platform Syfe raises $80m in series C funding round
It now has over $10b in assets, it said.
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.
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1. How Danantara’s plan to acquire BRIS will impact four Indonesian banks 2. DBS partners with Austrade to help Australian companies expand into SEA 3. MUFG invests in May Mobility for autonomous vehicle deployment 4. SG digital banks expand into investments and loans to boost profits 5. ASIC issues warning to influencers promoting high-risk financial productsResource Center
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
