Singapore
UOB's Q1 profit down 4% to $1.1b on lower fee and interest 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.
Standard Chartered and A*STAR lab to boost wealth, battle fraud.
The $11.7m tie-up with A*STAR brings together 10 A*STAR researchers to explore wealth support and fraud control.
MAS pilots cross-bank AI models to detect scam risks
All sensitive data used in the exercise will be permanently deleted once complete.
HitPay eyes bigger share of traveller payments via QR
Borderless QR lets tourists pay in home wallets with local settlement.
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.
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.
Bank of Singapore reshuffles advisory team amidst UHNW focus
Jiawen Guo will oversee the Singapore based wealth advisory group.
Why do Singapore banks dominate brand value rankings?
Resilient balance sheets and steady growth are amongst the key reasons.
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.
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