Singapore
DBS’ net profit up 1% to S$2.93b in Q1 on record total income
DBS’ net profit up 1% to S$2.93b in Q1 on record total income
Wealth management growth drove up fee income and treasury customer sales to new highs.
18 hours ago
GXS Bank, Funding Societies offer property‑backed SME financing in Singapore
New product offers up to $1.57m financing for SG SMEs using residential or commercial property as collateral.
1 day ago
Bank of Singapore reshuffles advisory team amidst UHNW focus
Jiawen Guo will oversee the Singapore based wealth advisory group.
2 days ago
Why do Singapore banks dominate brand value rankings?
Resilient balance sheets and steady growth are amongst the key reasons.
6 days ago
Ant Int’l deploys privacy enhancing technologies in Alipay+
Only encrypted data is transferred to Alipay+ for processing.
Singapore bank margins hit as SGD tightening triggers 'safe-haven flush'
Stronger SGD attracts global capital seeking safety from Middle East instability.
HSBC appoints Desmond Kuang as Asia chief investment officer
He is currently the chief investment officer for China.
Standard Chartered and A*STAR set up an AI for Banking Innovation Lab
The three-year partnership is expected to accelerate AI research.
HSBC unveils biggest wealth centre in Singapore
Wood, stone, and textured fabrics with layered lighting create a private space.
DBS and OCBC face weaker Q1 profits despite wealth gains
Both are expected to report growth in treasury customer sales.
UOB faces margin pressure in Q1 as fees ease
Wealth management fees may grow at around 3.3% YoY during the quarter, said CGSI.
OCBC rolls out gen AI skills training programme for wealth advisors
It is now live in Singapore and will be rolled out in Malaysia and Hong Kong at a later date.
StashAway launches lifetime perks for regular investors
They can get an additional 0.15% pa returns or add to their ETF portfolio with no order fee.
DBS Q1 profit may fall to $2.2b on margin pressure and record wealth fees
Wealth fees could grow by around 10.5% year-on-year, analysts said.
DBS appoints sustainability leader to drive Asia’s low-carbon push
Kelvin Wong will serve as Chief Sustainability Officer, starting 11 May.
Bank of Singapore names Vi Sun Yang as head of ASEAN private banking
She will lead the bank’s largest market and join the global management committee.
LionGlobal Singapore Trust Fund hits $1.25b AUM benchmark
OCBC contributed $600m in net inflows in March.
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