DBS and OCBC upgraded parts of their full-year outlook, while UOB turned more cautious on fees Read more at The Business Times.
Allianz eyes Singapore wealth, retirement market with HSBC Life, UOB Asset Management deals
Discover how Allianz is strengthening its position in Singapore's wealth management sector through strategic acquisitions of HSBC Life and UOB Asset Management. Read more at straitstimes.com. Read ...
Wealth boom propels Singapore bank stocks to all-time highs
Singapore’s top lenders are riding a wealth management boom that has helped their second-quarter profit beat expectations as their stock prices also rally to record levels.
Longbridge Singapore wins “InvestTech Initiative Award – Singapore” at the Asian Banking & Finance Fintech Awards 2026
Recognition underscores Longbridge's pioneering vision as the world's first AI-native broker, setting a new benchmark for investing in the AI era. SINGAPORE, /PRNewswire/ -- Longbridge Securities ...
Singapore market plays for grid, energy storage and renewables
In Singapore, electricity transmission and distribution solutions provider EGP Energy made its debut on the local bourse on July 29, with its share price closing more than 20% above its offer price of ...
DBS CEO Sees AI Costs Falling With More Use in ‘Token Paradox’
DBS Group Holdings Ltd. is consuming far more AI tokens than it used to but is paying less for each one as the Singapore-based bank hones how it gets the most out of the technology, Chief Executive ...
Singapore’s IPO reboot sees 3.5x the listings and over $3 billion raised, as reforms bring bourse revenue up 14%
The Singapore Exchange (SGX) reported a 24.6% increase in net profits in FY2026.
Singapore Exchange posts record revenue as 21 IPOs raise $3.2 billion
SGX reports record S$1.5 billion revenue with 21 IPOs raising $3.2 billion, driven by government reforms and a growing digital asset ...
Singapore’s OCBC raises 2026 loan growth outlook, Q2 profit jumps 22% to quarterly record
By Rae Wee and Yantoultra Ngui SINGAPORE, Aug 7 (Reuters) - Singapore's Oversea-Chinese Banking Corp raised its 2026 loan growth outlook after posting a 22% rise in second-quarter net profit to a ...
OCBC, UOB post higher Q2 profit on stronger fee income
OCBC posted a 22 per cent rise in second-quarter net profit, while UOB saw a 10 per cent increase in net profit in the second quarter, helped by record wealth fees.
Singapore’s OCBC, UOB beat forecasts as wealth income cushions margin pressure
By Rae Wee and Yantoultra Ngui SINGAPORE, Aug 7 (Reuters) - Singapore lenders OCBC and UOB reported higher second-quarter profits on Friday, as income from wealth management and other fee-based ...
OCBC reports 13% y-o-y growth in net profit to record $4.19 billion for 1HFY2026; declares interim dividend of 47 cents
Banking wealth management AUM rose 13% to a new high of $350 billion. OCBC has declared an interim dividend of 47 cents which is a 15% y-o-y increase.
Singapore bank UOB second-quarter net profit rises 10% on year
SINGAPORE, Aug 7 (Reuters) - Singapore's United Overseas Bank, or UOB, posted on Friday a 10% rise in net profit in the second quarter from a year earlier, helped by record wealth fees. UOB said April ...
Deutsche Bank and KBC freeze some of Radiant World’s Singapore bank accounts, sources say
Major miners also moved to cut ties with the iron ore trading house, sources said. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore bank OCBC second-quarter net profit jumps 22% on-year to record
Singapore's Oversea-Chinese Banking Corp (OCBC) posted on Friday a 22% rise in net profit in the second quarter from a year earlier, supported by growth in its wealth management income.
OCBC Q2 profit rises 22% to S$2.22 billion, beating expectations
Earnings beat the S$1.91 billion consensus forecast in a Bloomberg survey of analysts, with the bank declaring an interim dividend of S$0.47 per share Read more at The Business Times.