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Weekly Global News Wrap Up: Middle East banks seal takeover deals worth $8b; Fed rejects countercyclical capital buffer
Weekly Global News Wrap Up: Middle East banks seal takeover deals worth $8b; Fed rejects countercyclical capital buffer
And Fifth Third Bancorp is set to buy MB Financial for $4.7b.
Bank of Singapore inks deal with Sumitomo Mitsui subsidiary
The MOU aims to highlight BOS banking services to SMBC Trust Bank’s high net worth clientele.
Singapore's wealth management business dominates Asian competition
However, the growing preference of Chinese wealthy for Hong Kong is challenging its dominance.
Which APAC banks stand the most vulnerable to US tightening?
The impact spares no market in either developed and emerging Asia.
OCBC unveils three-year hybrid unit trust
It combines a fixed maturity product through a call option strategy.
UOB reportedly halting foreign currency banknote supply in Taiwan
The move comes amidst tighter anti-money laundering rules in the region.
Singapore introduces new reporting standards for banks
It will require data collection of RMB business activities and deposit rates to be rationalised.
DBS ramps up digital investments to outbid China's non-bank fintech giants
The Singapore lender has invested about $3.5b to upgrade its technological infrastructure.
Singapore private banking bonuses up by as much as 7% in 2017
Bankers of the ultra wealthy can also expect bonuses in the form of stocks and shares.
OCBC Bank changes the face of priority banking
Rolling out a facial recognition system in its Premier Banking business, the bank aims to personalise and elevate customer banking experience.
Evolving client roles push for integrated banking platforms
Banks are rolling out digital cash management tools to adapt to changes.
Asian banks deploy smart branches and digital tools
41% of customers now prefer to interact with their banks online.
Amol Gupte reveals how Citi takes the fintech revolution as a positive disruption
The bank facilitates co-creation with fintechs which helped bag seven consecutive quarters of revenue growth in Asia Pacific.
Property pickup buoys Singapore banks' glowing growth prospects
Housing and bridging loans are expected to receive a boost from the price boom.
Banks are at the forefront of Singapore's future-ready upskilling charge
OCBC recently rolled out a massive $20m upskilling programme.
Weekly Global News Wrap Up: Mexico's banks misplaced about $20m in e-transfers; Deutsche Bank waves off Asian exit rumors
And it's a bad Q1 for German lender Commerzbank as profits drop 12%.
UOB ties up with Santander UK to facilitate overseas expansion for SMEs
Businesses can gain access to the two banks’ product and service offerings.
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1. Chinese banks climb as HDFC Bank sinks in Q1 2026 rankings 2. Chinese SMEs expand into ASEAN through digital-first model 3. UOB's potential asset management sale could unlock value for wealth push 4. BofA to launch cross-border real-time payments via Swift and CashPro 5. Citibank Singapore offers Citigold clients one-day Porsche test drivesResource Center
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