Singapore
OCBC names Elaine Heng as head of global commercial banking
OCBC names Elaine Heng as head of global commercial banking
Tan Yuen Siang will join the global wholesale banking leadership team.
2 hours ago
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.
1 day ago
OCBC, UOB to maintain strong capital buffers through 2026: Moody’s
CET1 ratio and return on assets will decline, however.
2 days ago
MUFG invests in sustainability reporting and AI automation
Its banking subsidiary partnered with AI R&D company Sakana AI.
2 days ago
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.
4 days ago
Aleta Planet launches payment app for Muslims
The platform will soon let users find Muslim businesses in the region.
4 days ago
DBS’ ‘superior’ funding franchise a buffer against volatile financial markets
However, problem loans are likely to increase, and profitability will decrease.
5 days ago
DBS CEO Tan Su Shan ranked sixth most powerful woman in business
Tan took the helm in SEA’s largest bank in April 2025.
5 days ago
Arta Finance partners with IAFA to give investors exclusive investment
IAFA will use Arta's AI tools.
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.
Digital wallets dominate Singapore’s e-commerce payments value
Cards remain the top choice for point-of-sales (POS) spending, according to Worldpay.
Franklin Templeton gets approval to launch first retail tokenised fund in Singapore
Investors will be able to access the fund with a minimum investment of US$20.
Singapore banks deliver resilient Q1 earnings and reaffirms capital mgmt plans
Exposure to clients exporting to the US accounted for just 2% of loans.
PayPal enables payment acceptance from over 200 markets
The new solution allows businesses to hold multicurrency balances.
OCBC integrates stockbroking subsidiaries to Global Markets division
The bank expects to develop “more holistic” wealth propositions for its HNW customers.
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1. SMBC names DBS MD as head of corporate banking for APAC 2. Deutsche Bank partners with finaXai on token fund servicing 3. DBS CEO Tan Su Shan ranked sixth most powerful woman in business 4. HSBC unveils Tokenised Deposit Service in Hong Kong for treasury management 5. Trust Bank revenue doubles to S$97m whilst losses narrow in 2024Resource Center
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The trial, which will take effect on 1 July, is a step in the right direction.
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