Singapore
Singapore's Big 3 banks eye 6% profit growth on wealth momentum
Singapore's Big 3 banks eye 6% profit growth on wealth momentum
DBS and OCBC are expected to have higher PATMIs than previously forecasted.
19 hours ago
Nearly half of finance workers fear AI job impact
ACCA finds strong AI adoption in finance roles, but job security concerns persist.
1 day ago
CommBank tests AI banking assistant in app pilot
CommBank Companion will use live data to deliver financial info to customers.
3 days ago
Singapore to slash private bank account opening to under a month
A new circular aims to cut onboarding bottlenecks.
3 days ago
MAS backs Singapore's finance edge as global risks deepen
MAS’ new circular aims to reduce private bank account opening to just one month.
4 days ago
Grab takes control of Indonesia’s Superbank via GXS transfer
The transfer will increase the group’s stake in the bank to over 50%.
MAS revokes BSQ payment licence over false disclosures and risk failures
BSQ provided false or misleading in material particulars, MAS said.
GXS Bank and Lion Global launch exclusive multi-asset fund
The fund has a “medium to high” risk level and is exclusively available at GXS Invest for now.
DBS to hire over 500 young talent in 2026 amidst AI push
The Singaporean bank will hire 112 management associates and 400 interns in 2026.
Singapore banks benefit from safe-haven flows amidst Middle East conflict
Investors are shifting assets to the city-state for stability and protection.
HSBC Singapore adds health perks for Premier clients via IHH, Raffles Medical
They will receive access to IHH’s Parkway Shenton app and Raffles Medical’s MediWellness facilities.
Payment failures cost Singapore merchants $12b annually
APAC merchants lose an estimated $75b in transaction value due to payment inefficiencies.
Singapore's big 3 banks pivot to wealth as margins shrink
The banks eye growth in onshore, ASEAN, China and Hong Kong wealth.
CIMB nabs StanChart Malaysia chief as Singapore and Growth Markets CEO
He spent 15 years working in Singapore, focusing on mergers and acquisitions and leveraged finance.
OCBC NISP’s HSBC IWPD deal may see 48% AUM uplift: analyst
There is minimal overlap between the two banks’ customers.
OCBC Q1 profit rises 5% to $1.97b on fee gains
Net interest income fell, but wealth-led gains and higher fees lifted total income.
UOB's Q1 profit down 4% to $1.1b on lower fee and interest income
Trading and investment income also fell 13% compared to Q1 2025.
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1. MAS backs Singapore's finance edge as global risks deepen 2. More than half of Filipinos have financial accounts but few hold bank accounts 3. Digital wallets seize 65% of APAC payments 4. CommBank tests AI banking assistant in app pilot 5. Singapore to slash private bank account opening to under a monthResource Center
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