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Tag: banking

Posted on 02/07/2026

Singapore’s BDx says open to IPO as AI boom fuels Asia expansion

Singapore’s BDx Data Centers said an initial public offering (IPO) is among its options as it seeks capital to expand across Asia and make the most of surging AI demand. “All options are on the table, ...

Posted on 02/07/2026

DBS Seen to Benefit From China’s Tighter Grip on Wealth Flows

DBS Group Holdings Ltd. is “best positioned” among lenders in Singapore to benefit from China’s sweeping measures to stem capital flight as it leans into banking a broader spectrum of rich clients, ...

Posted on 02/07/2026

Singapore keeps investment screening rules as FDI hits record $197b

Investors must seek approval for specified ownership changes in nine designated entities. Singapore aims to balance national security with minimising the impact on businesses and investors as it ...

Posted on 02/07/2026

DBS seen to benefit from China’s tighter grip on wealth flows: Research firm

China crackdown will likely impact but enhance appeal of rival wealth hub Singapore, said Autonomous analysts. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 02/07/2026

Foundation Healthcare prices Mainboard IPO offering at 76 cents per share

The company is offering 9.2 million public offer shares; the public offer is expected to open at 9pm on July 1.

Posted on 02/07/2026

Foundation Healthcare launches Singapore IPO to raise about $187 million

SINGAPORE, July 1 (Reuters) - Foundation Healthcare Holdings will raise about S$242 million ($186.7 million) through an initial public offering in Singapore, it said on Wednesday after setting the ...

Posted on 01/07/2026

1MDB lawsuit against Standard Chartered to proceed to trial in Singapore

A lawsuit against Standard Chartered Bank over its alleged role in the 1Malaysia Development Bhd (1MDB) scandal will proceed to trial in Singapore following a court order.

Posted on 01/07/2026

OCBC rolls out its ‘avatar banking’ platform with ‘Wendy’ and ‘Wayne,’ two virtual financial advisors, as banks integrate AI into wealth management

Still, new CEO Tan Teck Long promised to hire 600 new relationship managers, as wealth management becomes a growing business for the Singaporean bank.

Posted on 01/07/2026

UOB, quantum technologies centre partner to explore quantum computing for derivatives valuation

Large-scale simulation methods are being used currently but they can be time and resource-intensive Read more at The Business Times.

Posted on 01/07/2026

Standard Chartered loses bid to strike out US$2.7b 1MDB-linked claim in Singapore

SINGAPORE, July 1 — Singapore’s High Court has upheld a lower court’s decision refusing to strike ...

Posted on 01/07/2026

OCBC rolls out AI avatars, to hire 600 more relationship managers amid wealth push

Meet AI-powered digital avatars "Wendy" and "Wayne" in OCBC's AI-native mobile banking app. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 01/07/2026

Singapore’s BDx says open to an IPO as AI boom fuels Asia expansion

By Yantoultra Ngui SINGAPORE, July 1 (Reuters) - Singapore's BDx Data Centers said an initial public offering is among its options as it seeks capital to expand across Asia and make the most of ...

Posted on 01/07/2026

OCBC aims to transform customer journeys with Avatar Banking

The next stage of OCBC's Next Frontier strategy is the launch of Avatar Banking to transform customer journeys, grow RMs, customer base and the bank's revenue ...

Posted on 01/07/2026

UOB tests quantum computing for derivatives valuation

UOB and Singapore's Centre for Quantum Technologies will assess whether quantum methods can speed the large-scale simulations used to value complex financial contracts.

Posted on 01/07/2026

UOB-CQT pact explores quantum tools for derivative valuation

The initial phase will focus on path-dependent instruments. UOB and the Centre for Quantum Technologies (CQT) have partnered to explore how quantum computing techniques can be applied to the valuation ...

Posted on 01/07/2026

Leading Financial Firms in Singapore (2026) Report Published by Metaclade Research

Metaclade Research Publishes Its Latest Research Report Recognizing the Leading Financial Firms in Singapore (2026) ...

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