DBS Group shares rose to a new intraday high, while that of Singapore peer United Overseas Bank fell, after the pair of banks reported third-quarter results. Shares of DBS rose nearly 3% to S$55.10 on ...
Singapore banks DBS, UOB flag margin pressure; Q3 earnings diverge
By Yantoultra Ngui SINGAPORE (Reuters) -Singapore banks flagged margin pressure for 2026 as falling interest rates weigh on profitability, with DBS Group posting a smaller-than-expected earnings dip ...
Singapore bank UOB’s third-quarter net profit slumps 72%, misses forecast
Singapore's United Overseas Bank, or UOB , reported on Thursday a 72% fall in net profit in the third quarter from a year earlier mainly due to a surge in allowance for credit and other losses.
Singapore’s DBS sees weaker 2026 net profit after Q3 earnings dip
SINGAPORE: Singapore’s biggest lender DBS Group said on Thursday (Nov 6) it expects 2026 net profit to dip slightly from this year's after reporting a 2 per cent drop in third-quarter earnings, which ...
Singapore bank DBS’s third-quarter net profit declines 2% on-year
DBS Group , Singapore's biggest bank, posted on Thursday a 2% drop in net profit in the third quarter from a year earlier mainly on the back of lower group net interest margin.
CNA938 Rewind – Stablecoins and uncertainty: Big threats to Singapore’s financial stability?
Singapore's central bank says low-income households with little savings, as well as higher-earners with private housing loans, should build up savings and borrow prudently, amid more global economic ...
Coliwoo Holdings IPO 8.2 times subscribed; raises $101 mil
Coliwoo plans to use the proceeds primarily for expansion, growth and asset enhancement of its co-living business.
Singapore’s OCBC names Melvyn Low as chief strategy and transformation officer
Singapore's second-largest bank by assets, said on Wednesday it had appointed Melvyn Low as group chief strategy and transformation officer, effective November 10. Low, who has led OCBC's global ...
OCBC appoints banking veteran Melvyn Low as group chief strategy and transformation officer
Oversea-Chinese Banking Corporation (OCBC) has appointed banking veteran Melvyn Low as group chief strategy and transformation officer with effect from Nov 10.
Singapore’s central bank joins chorus of tech stock warnings
The warning comes as policymakers and Wall Street execs have become increasingly vocal about their concerns over the frothy valuations of tech stocks caused by undue enthusiasm about AI’s prospects.
Multifonds Helps DBS to Drive Scalable Automation and Future Growth in the Region’s Asset Management Industry
Multifonds today announced that DBS, Southeast Asia's largest bank by assets, has gone live with Multifonds Fund Accounting Platform in Singapore, Hong Kong SAR and Indonesia. The solution was ...
Singapore’s CapitaLand Investment exceeds target with $650 million for lodging fund
Singapore's CapitaLand Investment said on Monday it closed its value-add lodging private fund with $650 million in total commitments, exceeding its target by $50 million, reflecting strong investor ...
Singapore’s financial system remains resilient, but MAS warns of rising global risks
In its latest financial stability review, the Monetary Authority of Singapore urged households, corporates and financial institutions to stay vigilant.
Bank’s new business unit builds own bot to foster culture of innovation, efficiency
UOB’s new Innovation Group is tapping technology and talent upskilling to adapt to banking’s new “intelligent” business model Read more at The Business Times.
S’pore bank makes it easier for organisations to launch digital vouchers with smart contracts
DBS is tapping technologies such as blockchain, tokenisation and smart contracts for the new generation of “always-on” banking solutions Read more at The Business Times.
Singapore Gulf Bank and Fireblocks Partner to Boost Digital Asset Services
Singapore Gulf Bank partners with Fireblocks to enhance digital asset services, offering secure treasury management, and global transactions.