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Tag: banking

Posted on 08/10/2026

Canton Foundation Brings Finance and the Digital Asset Ecosystem Together at Canton Forum Singapore

Canton Foundation, the independent organization supporting the development and adoption of the Canton Network, will host Canton Forum Singapore on October 8 at the ArtScience Museum, bringing together ...

Posted on 08/10/2026

Hong Kong questions HSBC over decision to base AI hub in Singapore – report

The HKMA also held talks with both HSBC and Standard Chartered regarding the placement of senior executives in Hong Kong.

Posted on 08/10/2026

Singapore Mandates Bail-In Bonds for Seven Banks; DBS Faces S$4.3 Billion Capital Gap

Singapore bank regulation 2026 reached a milestone as Parliament passed the Financial Services and Markets (Amendment) Bill, giving the Monetary Authority of Singapore power to require its seven ...

Posted on 08/10/2026

Marcos departs for Singapore: Investment talks, F1 Grand Prix on agenda

MANILA, Philippines — President Ferdinand Marcos Jr. left Manila on Wednesday evening for a working visit to Singapore from Oct. 7 to 11. The aircraft carrying Marcos and the Philippine delegation ...

Posted on 08/10/2026

Marcos’ 5th Singapore visit: Investments, nuclear energy on agenda

MANILA, Philippines — President Ferdinand Marcos Jr will make his fifth visit to Singapore from Oct 7 to 11, with key items on his agenda including investments, nuclear energy and closer coordination ...

Posted on 08/10/2026

DBS Group stock weighs 1.87 percent margin against 9 percent profit growth

DBS Group (ISIN SG1L01001701) was trading at SGD 77.78 on the Singapore Exchange on October 7, 2026, down 0.99 percent from the prior close of SGD 78.56. The current market picture puts the bank's ...

Posted on 07/10/2026

Maersk Owner Aims to Invest in Asia Startups With New Office

A.P. Moller Holding A/S, which controls Danish shipping giant A.P. Moller-Maersk A/S, is opening a new office in Singapore to invest in growth companies in Asia.

Posted on 07/10/2026

Citi Wealth Brings Together Global Investment Leaders and Clients at Wealth Symposium 2026

Citi Wealth hosted its flagship Wealth Symposium 2026, bringing together more than 500 clients for a day of discussions on the trends shaping the future of wealth and investing.

Posted on 07/10/2026

HSBC Holdings (LSE:HSBA) Draws Hong Kong Questions After Singapore AI Hub Pick

HSBC Holdings (LSE:HSBA) has been questioned by the Hong Kong Monetary Authority over its decision to base a new global AI hub in Singapore. The central bank inquiry focuses on why the AI centre was ...

Posted on 07/10/2026

OCBC sheds S$8 billion in value as shares close nearly 6% down; analysts cautious on banks

[SINGAPORE] Shares of OCBC dropped nearly 6 per cent on Wednesday, with the bank downgraded by Citi from “neutral” to “sell” earlier on the same day.

Posted on 07/10/2026

DBS, OCBC and UOB shares have fallen. Is it a good time to buy?

SINGAPORE – Shares of OCBC fell more than 5% on Oct 7, after Citi cited softer-than-expected third-quarter 2026 earnings expectations and downgraded the stock to “sell”.

Posted on 07/10/2026

$8 billion wiped off OCBC value as shares slide 5.8% in heavy trade

SINGAPORE - Shares of OCBC dropped as much as 5.8 per cent in intraday trading on Wednesday (Oct 7).As at 11.11 am, the counter was down 5.2 per cent or $1.66 at $30.54. By the trading break, the ...

Posted on 07/10/2026

RHB remains ‘overweight’ on Singapore banks; increases UOB’s TP on rising benchmark rates

Among the banks, OCBC is RHB’s top pick due to its “all-round balance sheet strength and earnings momentum”. RHB also likes UOB on valuations while it likes DBS for dividend safety and yields.

Posted on 07/10/2026

Citi downgrades OCBC to ‘sell’ with target price of $27.50

Citigroup banking analyst Tan Yong Hong downgraded OCBC to a sell on Oct 6, with a target of $27.50. “Into 3Q20226 we expect a combination of flat y-o-y earnings and decline in CET1 ratio to derail ...

Posted on 07/10/2026

S$7 billion wiped off OCBC value as shares slide 5.2% in heavy trade

[SINGAPORE] Shares of OCBC dropped as much as 5.2 per cent in intraday trading on Wednesday (Oct 7). As at 11.11 am, the counter was down 5.2 per cent or S$1.66 at S$30.54.

Posted on 07/10/2026

DBS chief Tan Su Shan, eco-advocate Kong Man Jing win at Her World’s annual awards

In recognition of their achievements, two Singaporean women have been given top honours at Her World Woman of the Year on Tuesday (Oct 6).The awards ceremony took place at METT Singapore.CEO of DBS ...

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