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Tag: banking

Posted on 31/07/2026

Hongkong Land acquires Singapore’s Wheelock Place in US$900m deal

Deal to buy Orchard Road complex from entity owned by Wharf Real Estate Investment is first by developer’s Singapore investment fund.

Posted on 31/07/2026

Sustainability of AI investment boom is ‘major uncertainty’ amid ‘benign’ global financial conditions: MAS

AI-driven electronic exports account for over 70% of Asia’s export growth year-to-date up from 46% in 2024, while AI-connected firms now account for over 40% of the market capitalisation on the S&P500 ...

Posted on 31/07/2026

StanChart to transfer some credit card, personal loan customers to Trust Bank

The move will not affect Standard Chartered banking products such as deposit accounts, wealth products and insurance policies.

Posted on 31/07/2026

S’pore banks using AI agents to vet private banking clients, speed up onboarding

Discover how agentic AI is revolutionising banking compliance and customer onboarding, speeding up processes while maintaining regulatory standards. Read more at straitstimes.com. Read more at ...

Posted on 31/07/2026

Citi downgrades OCBC to ‘neutral’ despite expecting 2QFY2026 to come ahead of expectations

Citi Research’s Tan Yong Hong has downgraded Oversea-Chinese Banking Corporation (OCBC) to “neutral” despite expecting the bank’s 2QFY2026 results to beat expectations.

Posted on 31/07/2026

DBS COO’s most important tip for AI transformation: Lead with ‘why’

In executing the bank’s artificial intelligence strategy, Derrick Goh sees his role as a ‘midfielder’ Read more at The Business Times.

Posted on 30/07/2026

Singapore’s IPOs are returning – but why are so many trading below their offer prices?

Analysts explain the roles played by valuation, share allocation and price discovery. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 30/07/2026

Singapore vs. Hong Kong: Who is winning the digital banking race?

Singapore's heavy digital users have already reached 35% of its retail banking population. Singapore and Hong Kong are both global epicentres for technology and finance, but one market is leading over the other in the field of digital banking. According to ...

Posted on 30/07/2026

Singapore’s central bank records S$20b profit for FY2025/26, driven by investment returns

The Monetary Authority of Singapore (MAS) recorded a net profit of S$20.0 billion (RM63.2 billion) for the financial year ended March 31, 2026

Posted on 30/07/2026

Time to sell or too late to buy? What to know about Singapore banks’ record share prices

Analysts say the decision to buy, hold or sell has less to do with price and more to do with why an investor owns the stock in the first place.

Posted on 30/07/2026

Bank of Singapore uses agentic AI to speed up wealth client onboarding

The system, called HELIOS, is designed to simplify due diligence work and preparation of credit risk profiles for new clients.

Posted on 30/07/2026

HSBC to hire 200 specialists for new AI center in world’s second-richest country

HSBC will hire more than 100 artificial intelligence specialists and 100 wealth managers in ​Singapore, deepening investment in two areas central ‌to the bank's Asian growth strategy as it expands ...

Posted on 30/07/2026

DBS keeps Singtel’s target price at $5.46 following Optus stake sale talks

Sachin Mittal of DBS Group Research has kept his “buy” call and $5.46 target price on Singapore Telecommunications (Singtel) after news that it is in talks to sell a significant minority stake in its ...

Posted on 30/07/2026

Consumer confidence remains resilient across ASEAN as Singapore records the strongest improvement in the region

ASEAN consumers remained optimistic about both the macroeconomic environment and their personal finances in 2026, with the UOB ASEAN Consumer Sentiment Index ...

Posted on 30/07/2026

DBS upgrades StarHub to ‘buy’ on potential M1 deal; merger to drive telcos’ recovery

This follows renewed expectations of a deal between Singapore’s second and third-largest mobile operators Read more at The Business Times.

Posted on 30/07/2026

EQDP fund manager Eastspring Investments launches new Singapore Income and Growth Equity Fund

The fund will be targeting both large-cap as well as small- and mid-cap (SMID) Singapore stocks. Eastspring Investments says it will be maintaining a minimal allocation of 35% to SMID stocks.

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