Singapore
Singapore banks' innovation labs struggle to retain talent
Singapore banks' innovation labs struggle to retain talent
Their tasks may be clashing with the banks’ in-house tech teams.
Morgan Stanley beefs up Asian wealth team
It will hire 50 RMs in Hong Kong and Singapore over the next three years.
Weekly Global News Wrap Up: US big banks' Q4 revenue disappoints amidst weak bond trading; Italian banks face $63b funding crunch
And here's why European Investment Bank is being sued.
Woori Bank adopts financial holding company structure to boost nonbanking arm
It will start working on acquiring REITs and savings banks.
Myanmar's MAB launches wealth banking platform
The bank is aiming to double its premium members within one year.
Korea's IBK gets go-ahead for takeover of 2 Indonesian banks
It is aiming to merge the two banks to launch IBK Indonesia within 2019.
OCBC launches digital dashboard for SMEs
The dashboard features over 40 business apps.
Are Singapore banks bracing for another O&G nightmare amidst Coastal Oil troubles?
The indebted crude oil supplier owes the three Singapore banks a combined US$172.1m.
UOB renews bancassurance deal with Prudential for 15 years
The bank will continue to the latter's products in five Asian markets.
DBS launches online portal giving SMEs the digital leg up
SMEs can access accounting, digital marketing and cybersecurity solutions.
Weekly Global News Wrap Up: Slow start to fintech revolution as only 4 new UK banking licenses issued in 2018; Deutsche cuts bonus pool by about 10%
And an estimated $1t in UK bank assets left Britain following Brexit.
Chart of the Week: Singapore bank revenues may rise 9% in 2019
Loans and balance sheet leverage will be the growth drivers.
OCBC rolls out free online will writing service
Singapore residents and citizens aged 21 and above can prepare their own wills within 10 minutes.
Singapore banks' earnings turnaround hit by steep funding costs
NIMs have inched up by 2-12 bp since 2015 even as the 3M SIBOR soared 58bp.
Revolutionising banking operations with SmartStream's artificial intelligence solutions
The technology can optimise processes in all levels, from reconciliation, to stress testing and payments.
It's the most wonderful time of the year!
We're taking the time off!
Deutsche Bank sees exodus of 30% of workforce in Singapore and Hong Kong
This translates to almost 50 investment bankers leaving in the past six months.
Commentary
Asia’s banks hold the mandate to innovate. Now they must earn it.
Why Asia's banks are rebuilding their credit infrastructure in 2026
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Digital transformation starts with leadership