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Tag: finance

Posted on 04/08/2026

Ping An’s former Global Voyager Fund CEO Jonathan Larsen joins DBS boards

Jonathan Larsen has been appointed to the boards of DBS Group Holdings and DBS Bank with effect from Monday (Aug 3).The 60-year-old's appointment as a non-executive and independent director was ...

Posted on 03/08/2026

IPO-Bound Imarticus Learning Acquires Singapore’s BELLS Institute For ₹800 Cr

The combined entity will have more than 1,100 employees and operate across over 25 offices in India and Singapore ...

Posted on 03/08/2026

DBS Group’s Second-Quarter Net Profit Likely Rose — Earnings Preview

Shares of DBS touched record highs during the second quarter. The stock rose about 15% in the quarter and has surged 32% year to date. Sentiment across Singapore's banking sector has been buoyed by ...

Posted on 03/08/2026

OCBC proves the best returns aren’t always financial

OCBC has rolled out a new regional brand campaign celebrating the relationships that are built as customers pursue their aspirations, with the initiative launching across Singapore, Malaysia, ...

Posted on 02/08/2026

HSBC to set up global AI excellence centre in Singapore

The centre aims to create a talent pipeline in natural language processing, data science, AI governance and human-centred design.

Posted on 02/08/2026

DBS Upgrades AI Assistants to Support Banking Tasks for Over 10 Million Users

DBS is upgrading its AI assistants with generative and agentic capabilities for more than 10 million customers across Asia.

Posted on 02/08/2026

Citi’s new Singapore head is first local to hold the position in 50 years

Lee Lung Nien has been with Citi for 35 years. Citi has appointed Lee Lung Nien as Citi country officer and banking head for Singapore. Lee is the first Singaporean in 50 years to hold Citi’s most ...

Posted on 31/07/2026

Hongkong Land acquires Singapore’s Wheelock Place in US$900m deal

Deal to buy Orchard Road complex from entity owned by Wharf Real Estate Investment is first by developer’s Singapore investment fund.

Posted on 31/07/2026

Sustainability of AI investment boom is ‘major uncertainty’ amid ‘benign’ global financial conditions: MAS

AI-driven electronic exports account for over 70% of Asia’s export growth year-to-date up from 46% in 2024, while AI-connected firms now account for over 40% of the market capitalisation on the S&P500 ...

Posted on 31/07/2026

StanChart to transfer some credit card, personal loan customers to Trust Bank

The move will not affect Standard Chartered banking products such as deposit accounts, wealth products and insurance policies.

Posted on 31/07/2026

S’pore banks using AI agents to vet private banking clients, speed up onboarding

Discover how agentic AI is revolutionising banking compliance and customer onboarding, speeding up processes while maintaining regulatory standards. Read more at straitstimes.com. Read more at ...

Posted on 31/07/2026

Citi downgrades OCBC to ‘neutral’ despite expecting 2QFY2026 to come ahead of expectations

Citi Research’s Tan Yong Hong has downgraded Oversea-Chinese Banking Corporation (OCBC) to “neutral” despite expecting the bank’s 2QFY2026 results to beat expectations.

Posted on 31/07/2026

DBS COO’s most important tip for AI transformation: Lead with ‘why’

In executing the bank’s artificial intelligence strategy, Derrick Goh sees his role as a ‘midfielder’ Read more at The Business Times.

Posted on 30/07/2026

Singapore’s IPOs are returning – but why are so many trading below their offer prices?

Analysts explain the roles played by valuation, share allocation and price discovery. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 30/07/2026

Singapore vs. Hong Kong: Who is winning the digital banking race?

Singapore's heavy digital users have already reached 35% of its retail banking population. Singapore and Hong Kong are both global epicentres for technology and finance, but one market is leading over the other in the field of digital banking. According to ...

Posted on 30/07/2026

Singapore’s central bank records S$20b profit for FY2025/26, driven by investment returns

The Monetary Authority of Singapore (MAS) recorded a net profit of S$20.0 billion (RM63.2 billion) for the financial year ended March 31, 2026

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  • Singapore’s IPO reboot sees 3.5x the listings and over $3 billion raised, as reforms bring bourse revenue up 14% via dual listing bridge with Nasdaq 07/08/2026
  • Singapore’s UOB to shed asset management arm for $433.5 million to focus on wealth management 07/08/2026
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  • HSBC to sell Singapore insurance unit to Allianz in $2.1 billion deal 06/08/2026
  • DBS Group Shares Notch Record High on Best-Ever Quarterly Profit, Improved Guidance — Update 06/08/2026
  • DBS posts record Q2 profit, raises 2026 guidance 06/08/2026
  • DBS shares hit record high as bank lifts guidance after profit beat 06/08/2026
  • DBS raises 2026 guidance as wealth business powers growth despite lower rates 06/08/2026
  • DBS Group CEO Tan Su Shan Leads Southeast Asia’s Largest Bank Into The AI Era 06/08/2026
  • Higher interest rates positive for Singapore banks: Macquarie Capital 06/08/2026
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