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Tag: banking

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 ...

Posted on 07/10/2026

Singapore investment banking fees rise 9% in 2026

By IntelliNews - Surabaya Bureau Investment banking fees in Singapore rose 9% year-on-year to $693.8mn in the first nine months of 2026, the highest total for the period since 2021, The Business Times ...

Posted on 07/10/2026

Hong Kong questions HSBC over its planned AI hub in Singapore

Hong Kong questions HSBC over its Global AI Centre of Excellence in Singapore, which is set to create more than 100 AI roles in 2026.

Posted on 07/10/2026

OCBC and GOVT VCCP Singapore show how AI can make anyone look like a scammer

In response to the growing threat of AI-enabled scams, GOVT VCCP has produced a new film for OCBC’s latest anti-scam awareness campaign. The 60-second film draws on scam personas familiar to ...

Posted on 07/10/2026

DBS CEO Tan Su Shan, environmental advocate Kong Man Jing win at Her World’s annual awards

DBS CEO Tan Su Shan and environmental advocate Kong Man Jing win Her World awards for leadership in banking and environmental education in Singapore. Read more at straitstimes.com.

Posted on 07/10/2026

Marcos makes 5th Singapore visit with investments, nuclear energy on agenda

Philippine President Marcos visits Singapore to discuss investments, nuclear energy, and ASEAN coordination ahead of Singapore’s 2027 chairmanship. Read more at straitstimes.com.

Posted on 07/10/2026

Regulatory Compliance Is Becoming a Strategic Weapon in Singapore’s Financial Sector

The old comfort of relying solely on having the right documents in place is becoming increasingly difficult to justify as regulators accumulate more information about how firms behave after approval.

Posted on 07/10/2026

Chhattisgarh signs skill development MoU in Singapore, gets Rs 350 cr investment proposal

Raipur, Oct 6 (PTI) Chhattisgarh on Tuesday signed a memorandum of understanding (MoU) with Singapore-based ITE Education Services for skill development and received a fresh investment proposal of Rs ...

Posted on 07/10/2026

Singapore private banking client assets jump 50% over last five years

Singapore’s deputy prime minister says global and Asian family offices are confident in the city state as a wealth management hub.

Posted on 06/10/2026

Market Chatter: HSBC Queried By Hong Kong Authorities on Plans for Singapore AI Hub

HSBC (HSBC) was questioned by the Hong Kong Monetary Authority over its decision to locate its new global AI center in Singapore rather than in the Chinese territory, the Financia ...

Posted on 06/10/2026

More & More to Host Agentic Finance Summit With etoro, Pantera Capital + Chainlink, During TOKEN2049 Singapore

More & More will host the Agentic Finance Summit on October 8, 2026 at Suntec Singapore Convention and Exhibition Centre, an official side event of TOKEN2049 Singapore. etoro is the summit's lead ...

Posted on 06/10/2026

Kraken Parent Payward Partners With Singapore Gulf Bank for 24/7 USD Settlements

Kraken parent Payward partners with Singapore Gulf Bank to offer 24/7 U.S. dollar settlements for institutions in Asia and the Gulf.- ...

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