Singapore
Banks offer flexiwork, mentor programmes to uplift women’s careers
Banks offer flexiwork, mentor programmes to uplift women’s careers
This International Women’s Day, we spoke with Singapore’s big three banks on how they are helping close the gender gap in their workforces.
WealthTechs win by managing wealth and not the wealthy
WealthTechs are breaking down barriers to entry by fractionalising costs of assets, analysts said.
Maybank Singapore’s profit before tax doubles to S$655.92m in 2022
This was reportedly thanks to higher income and lower loan loss allowances.
OCBC reports record net profit of S$5.75b in 2022
Full-year dividend is at 68 cents per share, 28% higher than in 2021.
Citibank Singapore names retail banking head
Matt Read’s appointment will take effect on 17 April.
UOB Group posts record core net profit of $4.8b in FY22
Compared to FY21, the group’s core net profit rose 18%.
SG, India enable real-time cross-border payments
This is possible with the linkage of PayNow and India’s Unified Payments Interface.
DBS Digital Exchange's Bitcoin trading up 80% in 2022
The members-only exchange also doubled its customers during the year.
DBS names new group head of consumer banking, Singapore country head
She Tse Koon takes over from Sim S. Lim, who is retiring from executive duties.
High interest rates carry DBS to record net profit of $6.14b in 2022
Total income surpassed S$16b for the first time in the bank’s history.
Trust for Singapore banks rises for second consecutive year: study
The index rose to 70 points, indicating high trust in banks.
Deutsche Bank names Serene Wee as managing director for SEA wealth business
Wee joins from Credit Suisse, where she spent 19 years working with UHNW clients.
OCBC CEO Helen Wong appointed as executive director
She will now assume responsibility for both roles.
GXS Bank names former SGX president as group CEO
Since stepping down in 2019, Muthukrishan Ramaswami has served on the boards of GovTech Singapore and Temus.
IWG, Standard Chartered launch co-working space within bank branch
Spaces@SCB is located within the bank’s Serangoon Gardens branch.
Better rates, lower fees not enough for digital banks to make a profit: analyst
Those who can tap into their parents’ customer base have the best chance of success.
RHB Singapore offers 4.28% interest for its 12-month fixed deposit
The promotional rate is available only at RHB’s refreshed Cecil Branch and Premier Centre.
Commentary
Asia is leading payments modernisation and banks can't afford to fall behind
Investing in an inefficient market
Platinum cards, paper-thin compliance?
Energy price volatility highlights structural gaps for managing FX risk in APAC
Asia’s electronic markets reach an inflection point of transformation
Tokenisation in the Philippines: The consumer is ready, but is the infrastructure?