Billionaire wealth jumped 66.4%, lifting the market past Australia. Singapore’s independent wealth managers are facing higher hiring costs as senior bankers with established client portfolios become ...
Singapore resists direct intervention over AI-driven bank lay-offs
Singapore’s government and financial regulators have expressed concern over AI-driven job losses among banks yet are unlikely to intervene directly, experts believe, given the central role of ...
Singapore’s DBS to open 18 new Asian wealth centres, expand advisory push
June 1 (Reuters) - DBS Group said on Monday it would open 18 new wealth centres across Asia by the end of 2027 and upgrade 36 existing centres over the next 18 months, marking the largest physical ...
DBS Expands Wealth Centre Network Across Asia in Largest Physical Growth Push Yet
DBS Group announced plans to significantly expand its wealth management presence across Asia, unveiling its largest-ever physical expansion strategy. The Singapore-based banking giant will open 18 new ...
DBS to launch 18 new wealth centres in Asia Pacific
Amid surging demand for wealth management services across Asia, DBS today announced that it will open 18 new wealth centres across the region by end-2027. In addition, it will upgrade 36 existing ...
DBS to open 18 new and 36 upgraded wealth centres across Apac by 2027
First centre expected to open in Q3 2026; will roll out in Singapore, Hong Kong, China, India, Indonesia and Taiwan Read more at The Business Times.
Singapore’s CapitaLand sheds 10% of China staff amid downturn
Headcount in its Singapore base has also been reduced, though the proportion stays unchanged at 24% of global employees Read more at The Business Times.
UOB and Vietnam’s FPT to Explore AI Use in Regional Digital Banking
UOB and FPT sign an MoU to explore AI, digital banking and financial technology projects across Vietnam and the region.
FPT and UOB Sign MoU to Advance AI, Technology Transformation and Financial Innovation
Global technology corporation FPT and UOB have signed a Memorandum of Understanding (MoU) to explore strategic collaboration opportunities in AI, digital transformation, and financial services ...
Singapore’s finance professionals fear AI will hit their jobs
Singapore has long positioned itself as a hub for finance talent, and the latest data from ACCA suggests that reputation is well-founded. But beneath the confidence, a more complex picture is emerging ...
Micron to invest RM95bil in Singapore to boost chip production, creating 1,600 jobs
Micron invests US$24 billion (S$30.5 billion - RM95 billion) in Singapore to build a new Nand flash memory chip plant that supports AI-driven data centres.
New NTU institute to deepen research at the intersection of AI, finance and society
Singapore's Nanyang Technological University launches the Global Institute of Finance, Technology, and Society (GIFTS) to research AI's impact on finance and society. Read more at straitstimes.com.
Micron to invest $30.5 billion in Singapore to boost chip production, creating 1,600 jobs
SINGAPORE – Memory chip giant Micron Technology is building a US$24 billion (S$30.5 billion) plant here to ramp up its production of semiconductors as booming artificial intelligence (AI) demand ...
Singapore’s big 3 banks eye 6% profit growth on wealth momentum
DBS and OCBC are expected to have higher PATMIs than previously forecasted. Singapore’s Big 3 banks will see strong wealth momentum and lower credit costs, said RHB’s Singapore Research Team. The bank ...
High Court rejects UOB late-fee claim after loan recall
The case involved a $556.2k credit line secured by an Oxley Bizhub unit. The Singapore High Court ruled that United Overseas Bank Limited (UOB) cannot impose monthly late payment charges after ...
One Last Snowfall: Snow City to bid farewell on Sept 30 after 26 years of giving Singapore its very own winter experience; final public campaign to say goodbye marks the end of …
SG’s first indoor snow attraction bidding farewell, offering 4 months of discounted experiences... final chance to relive a generation of family memories ...