Trends show that while Western banks streamline, the banking sector in Asia leaps forward, driven by the rise in technology and open banking.
Our 2025 picks: Singapore Exchange — Uplift in valuation multiples?
Citing the market review, the analysts think “seemingly stronger political will and low market expectations” could result in “a broad-based uplift in valuation multiples”. In turn, shares in SGX ...
Philippine water company Maynilad hires banks for over $500 million IPO, sources say
Maynilad Water Services has hired banks including Morgan Stanley and UBS to work on a more than $500 million initial public offering in the Philippines, according to two sources with knowledge of the ...
S$3bil money laundering case: Second Singaporean charged; allegedly committed forgery to cheat DBS
SINGAPORE: A man allegedly linked to Singapore’s largest money laundering case involving S$3 billion in cash and assets was handed 15 charges on Jan 23 for offences including forgery.
Singapore’s record yield gap with US set to widen on debt supply
Singapore’s 30-year government bond yields sit around 200 basis points below Treasuries of a similar tenor, the largest discount ever.
Singapore shares rise at Thursday’s open; STI up 0.6%
SINGAPORE shares started trading in positive territory on Thursday (Jan 23) morning, mirroring overnight gains in global markets. Read more at The Business Times.
DBS, OCBC, UOB to gain from higher AUM, fees amid booming family office scene
SINGAPORE’S strong family office sector will likely continue to boost the wealth management businesses of the local banking trio, analysts said. Read more at The Business Times.
French AI startup Mistral plans IPO
"French AI startup Mistral plans IPO" was originally created and published by Verdict, a GlobalData owned brand.
Singapore’s three banks to remain in climate alliance despite US peers’ exit
Goldman Sachs, Morgan Stanley, JPMorgan Chase & Co, Wells Fargo & Co, Citigroup and Bank of America — have pulled out of the world’s top climate alliance for the sector.
A global jobs crisis is looming — and here’s how to tackle it, says Singapore’s president
Tharman Shanmugaratnam warned of mass joblessness in the years ahead and called for worker education and training to be revamped.
Sunway Healthcare hires banks for $675 million Malaysian IPO, sources say
Sunway Healthcare Group has hired banks, including CIMB and Malayan Banking Bhd, to work on a more than 3 billion ringgit ($675 million) Malaysian initial public offering, two sources with knowledge ...
Tech, finance, and real estate dominate Singapore’s fastest-growing companies in 2025
These sectors alone account for approximately 40% of the 100 companies recognized for their remarkable revenue growth ...
DBS, OCBC anticipate year-on-year profit growth for Q4 2024 amid mixed quarterly performance
As the banks prepare for 2025, the focus will likely shift to managing NIM compression and sustaining fee-based income growth ...
Goodwin’s Singapore Private Equity Partner Leaves to Join Key Client Hillhouse Investment
Law.com International identified Krishnan, who speaks English, Hindi and Mandarin, as a rising star in Asia in the private equity realm.
HSBC raises Singtel’s target price ahead of possible telco consolidation
HSBC Global Research analysts have kept their “buy” call on Singapore Telecommunications (Singtel) but with a slightly raised target price of $3.70 from $3.65 previously. According to their report ...
The high cost of easy cash
Acting as a money mule comes with serious legal and financial consequences. DBS’ industry-first Anti-Mule Team is dedicated to curbing the misuse of bank accounts.