DBS Group's incoming CEO Tan Su Shan is open to "bolt-on" acquisitions, and will focus on boosting the Singaporean lender's high-return businesses such as wealth and transaction banking. Tan, 57 and ...
DBS gets ranked fifth most valuable bank brand in APAC and 17th globally
SINGAPORE: DBS has emerged as the fifth most valuable bank brand in the Asia-Pacific (APAC) region and 17th globally, according to the latest Banking 500 ranki ...
Singapore banks face an automation reckoning in 2025
Only 1% of banks in Singapore have successfully automated the majority of their KYC and onboarding workflows. Here's why the others need to follow suit quickly.
UOB Kay Hian keeps ‘buy’ on Keppel DC REIT on limited near term new capacity
UOB Kay Hian's Jonathan Koh has kept his "buy" call on Keppel DC REIT, given the recent "upsurge" in positive rental reversion for colocation data centre leases in Singapore is seen to sustain into ...
DBS’ new CEO Tan eyes ‘bolt-on’ acquisitions to bolster tech capabilities
DBS Group's incoming CEO Tan Su Shan is eyeing "bolt-on" acquisitions that align with the Singaporean lender's digital and AI-driven priorities, while focusing on boosting high-return businesses such ...
Singapore core inflation falls further to 0.6% in February, lowest since June 2021
Prices fell for two categories of items – electricity and gas, and retail and other goods. Read more at straitstimes.com.
Chocolate Finance Says All Withdrawals From 10–18 March Have Been Paid Out
Singapore-based Chocolate Finance said it has completed processing all withdrawal requests submitted between 10 and 18 March.
JP Morgan prefers DBS, downgrades UOB to neutral
JP Morgan downgrades UOB to neutral, prefers DBS for its yield, cautious on Indonesia, but more positive on Thailand ...
Banking Circle’s BC Payments Gets In-Principle Nod for Payment License
BC Payments has received in-principle approval from the Monetary Authority of Singapore for a Major Payment Institution (MPI) license.
Stocks to watch: UOB, SIA, Nio, Starhill Global Reit
SINGAPORE] The following companies saw new developments that may affect trading of its securities on Monday (Mar 24). Read more at The Business Times.
SGX delistings: The inevitable shift in an evolving market
Over in the United Kingdom, the London Stock Exchange saw 88 delistings in 2024 versus only 18 new entrants, the most significant net outflow of firms since the US sub-prime crisis of 2008. According ...
Temasek-backed 65 Equity Partners sees global firms as possible source for IPO pipeline
SINGAPORE] Compared with stock exchange peers in South-east Asia, Singapore is an attractive listing destination for global firms, and does not solely depend on domestic companies for initial public ...
UOB CEO’s pay drops 5.5% in 2024 despite record profit
SINGAPORE: UOB deputy chairman and CEO Wee Ee Cheong’s total pay for 2024 dropped by 5.5% to S$15 million, even though the bank posted a 5.8% increase in net ...
10 best savings account in Singapore with the highest interest rates (March 2025)
Savings accounts have a simple premise, but often come with complex mechanisms for you to earn bonus interest. When you open a savings account with a bank, you deposit money into it and let that money ...
OCBC to lower interest rates for 360 Account from May 1
From May 1 onwards, account holders under the 360 Account will receive a maximum rate of 6.3% per annum (p.a.), down from its prevailing rate of 7.65% p.a.
S-Reits surge as banks decline; see beginnings of a rebound
SINGAPORE] Trade tensions in global markets were evident in the performance of global banks in recent weeks. The Singapore trio of DBS, OCBC and UOB averaged declines of 1.4 per cent. At the same time ...