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Tag: banking

Posted on 09/05/2026

Singapore shines as stable investment oasis amid global storms: ‘Very appetising’

Wealthy families are trading global uncertainty for Singapore's regulatory rigour, driving record inflows and a revitalised stock exchange As global markets are roiled by geopolitical uncertainty and ...

Posted on 09/05/2026

DBS sells private credit fund yielding up to 20% to rich clients — Bloomberg

Access to the fund, which reached its first close last year, is recently made available to wealthy investors via DBS Private Bank.

Posted on 08/05/2026

Granite Asia taps DBS’ wealthy clients for private credit fund

Access to the fund, which reached its first close last year, is recently made available to wealthy investors via DBS Private Bank.

Posted on 08/05/2026

OCBC Q1 profit beats forecasts, sets aside more allowances amid Middle East war

By Rae Wee and Yantoultra Ngui SINGAPORE, May 8 (Reuters) - Singapore's Oversea-Chinese Banking Corp (OCBC) on Friday flagged heightened macro risks from the war in the Middle East, after posting a 5% ...

Posted on 08/05/2026

DBS, RHB stay cautious on StarHub after weak 1Q earnings as price competition bites

Analysts warn that StarHub’s cost savings may take time to offset weaker consumer revenue, thinner margins and intensifying competition in mobile and broadband.

Posted on 08/05/2026

CapitaLand Investment, Singapore Retailers Association ink MOU to support S’pore retailers entering JB

CLI has been appointed retail adviser for the 1.25 million sq ft Coronation Square Mall in Johor Bahru, which is expected to be completed in 2029.

Posted on 08/05/2026

Singapore bank OCBC’s first-quarter net profit rises 5% on-year

Singapore's second largest bank Oversea-Chinese Banking Corp, or OCBC, reported on Friday a 5% rise in net profit in the first quarter from a year earlier, mainly on ...

Posted on 08/05/2026

Singapore bank OCBC’s Q1 profit rises 5%, beats estimates

SINGAPORE: Singapore's second largest bank, Oversea-Chinese Banking Corp (OCBC), reported on Friday a 5% rise in first-quarter net profit, driven by growth in its wealth management business.

Posted on 07/05/2026

Singapore sees another IPO as JustCo rides on Asia’s demand for hybrid work

The company recorded a net profit of $3.4 million for 2025. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 07/05/2026

Singapore bank UOB aims to double wealth income by 2030

By Rae Wee and Yantoultra Ngui SINGAPORE, May 7 (Reuters) - Singapore's United Overseas Bank, or UOB, is aiming to double its wealth income by 2030, the lender's chief executive officer said on ...

Posted on 07/05/2026

UOB to double wealth income by 2030 by better tapping growing pool of rich customers: CEO

The bank's earnings topped analysts’ expectations of $1.39 billion in a Bloomberg poll. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 07/05/2026

GIFT City vs Dubai vs Singapore: Which features high on Indian investors’ global wealth map

As Indian investors increasingly diversify globally, GIFT City, Dubai, and Singapore are emerging as key offshore wealth destinations. Experts say the choice now depends less on tax arbitrage and more ...

Posted on 07/05/2026

Singapore Announces Targeted Investment Review Regime

Singapore has joined the trend of countries exercising greater oversight over investments in domestic entities in strategically important sectors. The Significant Investments Review Act (the “Bill”), ...

Posted on 07/05/2026

Singapore bank UOB cites ‘softer operating environment’ as net profit falls 4% on-year

By Rae Wee and Yantoultra Ngui SINGAPORE, May 7 (Reuters) - Singapore's United Overseas Bank, or UOB, reported on Thursday a 4% annual fall in first-quarter net profit that, despite beating ...

Posted on 07/05/2026

UOB Q1 profit falls 4% to $1.44 billion but beats forecast

The bank's earnings topped analysts’ expectations of $1.39 billion in a Bloomberg poll. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 07/05/2026

Singapore’s UOB posts 4pc profit drop as softer rates weigh on earnings

SINGAPORE, May 7 — Singapore’s United Overseas Bank (UOB) recorded a 4 per cent fall in first-quarter net profit from a year earlier, as weaker interest rates and a softer operating backdrop weighed ...

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