Singapore

Morgan Stanley beefs up Asian wealth team

It will hire 50 RMs in Hong Kong and Singapore over the next three years.

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.

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.

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.