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Tag: banking

Posted on 03/06/2026

Standard Chartered S’pore 9-Month SGD Promo Time Deposit Offers Up To 1.40% p.a. from 2 Jun 2026

Standard Chartered Bank (Singapore) Limited has updated its Fresh Funds SGD Time Deposit promotion from 2 Jun 2026, with the top 9-month rate now reaching 1.40% p.a. for eligible Priority Private ...

Posted on 03/06/2026

Singapore stocks end higher on Wednesday as STI rises 0.8%; DBS, OCBC hit fresh highs

[SINGAPORE] Singapore stocks ended higher on Wednesday (Jun 3), led by gains across the three local banks. The benchmark Straits Times Index (STI) rose 0.8 per cent, or 40.82 points, to close at 5,138 ...

Posted on 03/06/2026

More buzz around EVs, alternative energy sources due to Iran war: OCBC chief sustainability officer

Consumers may not wake up thinking about geopolitics, but they certainly notice it at petrol stations, Mr Mike Ng said. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 02/06/2026

Singapore Ranks Third Among World’s Top AI Financial Hubs in 2026

Singapore ranks third globally among the world’s top AI financial hubs, recognized for the strength and credibility of the institutional mechanisms, the quality of its regulatory governance, and its ...

Posted on 02/06/2026

DBS to open 18 new wealth centres across Asia by end-2027

DBS has revealed plans to launch 18 wealth centres across Asia by the end of 2027, alongside refurbishment work at 36 current sites over the next 18 months. The expansion and upgrades will cover ...

Posted on 02/06/2026

DBS, OCBC close at fresh highs as Singapore banks lead STI gains

Citing wealth momentum as a tailwind, RHB lifts its rating on the Republic’s lenders to ‘overweight’ Read more at The Business Times.

Posted on 02/06/2026

Singapore stocks rise on Tuesday; STI up 1.2%

DBS leads gainers on benchmark index, rising 2.9% to end at a fresh high of S$64.67 Read more at The Business Times.

Posted on 02/06/2026

DBS announces new app feature to turn Android phones into contactless payment terminals

DBS Bank launches a new Android app feature allowing merchants to turn their smartphones into contactless payment terminals for easier transactions. Read more at straitstimes.com. Read more at ...

Posted on 02/06/2026

DBS, OCBC at fresh highs as Singapore banks lead STI gains

RHB cites wealth momentum as a tailwind as it lifts its rating on Singapore banks to ‘overweight’ Read more at The Business Times.

Posted on 02/06/2026

Singapore’s private banker crunch clouds $4.22T cross-border wealth boom

Billionaire wealth jumped 66.4%, lifting the market past Australia. Singapore’s independent wealth managers are facing higher hiring costs as senior bankers with established client portfolios become ...

Posted on 01/06/2026

Singapore resists direct intervention over AI-driven bank lay-offs

Singapore’s government and financial regulators have expressed concern over AI-driven job losses among banks yet are unlikely to intervene directly, experts believe, given the central role of ...

Posted on 01/06/2026

Singapore’s DBS to open 18 new Asian wealth centres, expand advisory push

June 1 (Reuters) - DBS Group said on Monday it would open 18 new wealth centres across Asia by the end of 2027 and upgrade 36 existing centres over the next 18 months, marking the largest physical ...

Posted on 01/06/2026

DBS Expands Wealth Centre Network Across Asia in Largest Physical Growth Push Yet

DBS Group announced plans to significantly expand its wealth management presence across Asia, unveiling its largest-ever physical expansion strategy. The Singapore-based banking giant will open 18 new ...

Posted on 01/06/2026

DBS to launch 18 new wealth centres in Asia Pacific

Amid surging demand for wealth management services across Asia, DBS today announced that it will open 18 new wealth centres across the region by end-2027. In addition, it will upgrade 36 existing ...

Posted on 01/06/2026

DBS to open 18 new and 36 upgraded wealth centres across Apac by 2027

First centre expected to open in Q3 2026; will roll out in Singapore, Hong Kong, China, India, Indonesia and Taiwan Read more at The Business Times.

Posted on 01/06/2026

Singapore’s CapitaLand sheds 10% of China staff amid downturn

Headcount in its Singapore base has also been reduced, though the proportion stays unchanged at 24% of global employees Read more at The Business Times.

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