HSBC to invest in wealth in Singapore as it divests non-strategic businesses, says CEO. Globally, the focus is on CIB with a pipeline of 70 IPOs with 40 in Hong Kong.
Singapore’s reserve managers GIC, Temasek, MAS deliver long-term returns
By IntelliNews Singapore’s sovereign reserve entities have posted strong operational results as it covers the financial year ended March 31, The Straits Times reports. GIC, Temasek, and the Monetary ...
UOB–JTC deal aims to draw more firms into Singapore’s industrial hubs
United Overseas Bank (UOB) and JTC Corporation have signed a partnership agreement to support the expansion of Singapore’s industrial ecosystems.
Singapore’s UOB, Temasek to offer $500 mn for Asia start-ups
Singapore's United Overseas Bank (UOB) said Tuesday it will partner with state-linked investment firm Temasek Holdings to provide up to $500 million in venture debt financing to start-ups in China, ...
Firmer rates, wealth gains likely to lift Singapore banks’ Q2 results
Local banks are in focus this week as investors look for clues on whether Q2 tailwinds can extend into the year [SINGAPORE] Singapore’s banks are expected to report resilient second-quarter earnings ...
RHB and DBS offer mixed views on Apac Realty following recent 1HFY2026 results
RHB Bank Singapore analyst Vijay Natarajan, in his Aug 4 report, states that he expects a similar 2HFY2026 performance for Apac Realty.
Sea’s Maribank wants to export its Singapore digital banking playbook—first stop, the Philippines
MariBank launched in 2023 as a wholly-owned subsidiary of Sea, Southeast Asia’s largest tech firm and No. 12 on the Southeast Asia 500.
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 ...
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 ...
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 ...
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, ...
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.
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.
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 ...
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.
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 ...