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Tag: banking

Posted on 24/09/2025

Consumer-institution financial disputes hit record high, mostly linked to scams and fraud

The last time Fidrec experienced a surge in cases was after the global financial crisis struck in 2008. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 24/09/2025

OCBC appoints Carina Lee as group chief risk officer; Noel Gerald DCruz to retire on Dec 31

Lee is currently group chief credit officer for OCBC’s wholesale banking business. She succeeds Noel Gerald DCruz, who is retiring on Dec 31 after 36 years with the bank.

Posted on 24/09/2025

OCBC appoints Carina Lee as new group chief risk officer

[SINGAPORE] OCBC has appointed Carina Lee – its current group chief credit officer for the wholesale banking business – as its new group chief risk officer, with effect from Jan 1, 2026. Lee succeeds ...

Posted on 24/09/2025

DBS Multi-Family Office Platform Reaches S$1 Billion in Assets After Two Years

DBS Private Bank’s multi-family office platform hits S$1 billion in assets and targets S$2 billion by 2026 as Singapore draws global wealth.

Posted on 24/09/2025

DBS‑backed family‑office platform hits $780 million in assets, to double by end‑2026

DBS Private Bank, part of Singapore's biggest bank DBS Group , said on Tuesday its bank-backed multi-family office platform has reached S$1 billion ($780 million) in assets under management two years ...

Posted on 24/09/2025

HSBC selects Singapore for its second Quantum Centre of Excellence

The Singapore CoE will test quantum-safe solutions and explore applications from financial modelling to machine learning.

Posted on 24/09/2025

Singapore Central Bank’s 50-Year Bond Auction Likely to be Smoothly Absorbed

The Monetary Authority of Singapore’s auction of 50-year government securities used to finance green infrastructure projects is likely to be smoothly absorbed, OCBC said.

Posted on 24/09/2025

LSBF Singapore Campus Partners Singapore Computer Society to Empower Future-Ready Professionals

The London School of Business and Finance (LSBF) Singapore Campus has partnered with the Singapore Computer Society (SCS) to officially launch the SCS Student Chapter on campus, giving students direct ...

Posted on 23/09/2025

HSBC Completes First Cross-Border Tokenised Deposit Transfer With Ant International

HSBC has gone live with cross-border tokenised deposits, aiming to give corporate clients faster, always-on settlement between markets.

Posted on 23/09/2025

OCBC launches 5-year tuition programme for underprivileged children with S$500,000 commitment

Staff volunteers and professional tutors will deliver 8,000 hours of tutoring in total under the partnership with The Hut Read more at The Business Times.

Posted on 23/09/2025

DBS aims for S$2 billion in multi-family office assets under management

It also sees more ultra-high-net-worth families committed to using their wealth as a ‘force for good’ Read more at The Business Times.

Posted on 23/09/2025

Malaysian Billionaire Jeffrey Cheah’s Sunway Group Prepares Healthcare Unit IPO To Fund $381 Million Expansion Plan

Sunway Healthcare plans to build a new 401-bed hospital in the southern Malaysian state of Johor and expand its healthcare footprint as the country seeks to become a top destination for medical ...

Posted on 23/09/2025

In Singapore, DBS‑backed family‑office platform hits RM3.27b assets, to double by end‑2026

DBS Private Bank, part of Singapore’s biggest bank DBS Group, said today its bank-backed multi-family office platform has reached S$1 billion ...

Posted on 23/09/2025

DBS‑backed family‑office platform hits $780 million assets, to double by end‑2026

DBS Private Bank, part of Singapore's biggest bank DBS Group, said on Tuesday its bank-backed multi-family office platform has reached S$1 billion ($780 million) in assets under management two years ...

Posted on 23/09/2025

HSBC adviser who criticised the US is set to join China’s AIIB

The process is ongoing and there’s no certainty Cowper-Coles will accept the role Read more at The Business Times.

Posted on 23/09/2025

Expensive for Expats But Affordable for Locals? Why Singapore Is Only 28th Most Expensive Among Cities

A recent study found that Singapore is 4th most expensive for expats, but only 28th most expensive for locals - here's where the divide lies.

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