SINGAPORE – Some DBS and POSB customers reported facing issues with digital payment services late on Aug 21, before the situation was resolved before midnight.
GXS Bank Posts Heaviest Loss, Even As Loan Book Grew Three Times
Singapore digital bank profit stayed rare in FY2025: only Green Link Digital Bank ended in the black, as four rivals lost money ...
DBS expects tokenised finance investment to catch up with traditional payments, custody in 2-3 years
Lender sees digital assets moving beyond experimentation, even as cryptocurrency prices remain under pressure Read more at The Business Times.
Singapore’s DBS deploys specialist AI agents for 1,500 employees
DBS will roll out agentic AI services for roughly 1,500 bankers globally to support with corporate credit assessments.
Passive Income Boost: Singapore Banks Prepare to Pay Shareholders Next Week
DBS, OCBC and UOB are paying dividends next week, but investors should look beyond payout amounts to understand each bank’s income strength. The post Passive Income Boost: Singapore Banks Prepare to ...
DBS working on succession plan for long-serving chairman Peter Seah, Bloomberg News reports
Aug 19 (Reuters) - DBS Group, Singapore's biggest bank, is working on a succession plan for its long-time Chairman Peter Seah, Bloomberg News reported on Wednesday, citing people familiar with the ...
Elderly scam victim loses $500k claim against UOB after High Court finds she concealed evidence
An elderly scam victim’s $500,000 claim against UOB has been thrown out by the High Court after the court found that she had deliberately concealed evidence that was unfavourable to her.Assistant ...
Singapore Police Investigate Radiant World: What We Know About the Iron Ore Trader Under Scrutiny
Singapore's police force confirmed on Aug. 20 it is looking into Radiant World, one of the world's largest iron ore traders, after receiving reports about the firm.
Singapore’s Temasek is on a hot streak in India as three bets surge after IPOs
Three of Singapore state investor Temasek's portfolio companies in India have jumped more than 30% in listings this week after contrarian bets in the country.
From sales exec to DBS chairman: A look at Peter Seah’s illustrious career
The veteran corporate leader has made many contributions to the banking industry and beyond Read more at The Business Times.
Singapore’s OCBC prices covered bonds to raise $1.36 billion
Aug 20 (Reuters) - Oversea-Chinese Banking Corp (OCBC), Singapore's second-largest bank, said on Thursday it had priced £1 billion ($1.36 billion) in covered bonds due 2029, with proceeds earmarked ...
Global market: Singapore’s OCBC taps global debt market with £1 billion bond issue
OCBC has priced £1 billion of covered bonds due in 2029 under its $10 billion Global Covered Bond Programme, with proceeds earmarked for general corporate purposes as the Singapore lender diversifies ...
Singapore plans new ONE Pass Track to attract global investment management talent
The Monetary Authority of Singapore's proposed talent route would recognise performance-linked compensation, alongside new tax and hedge fund initiatives aimed at strengthening Singapore’s position as ...
Singapore-headquartered StoneBench’s new research Fragmentation Finance maps how geopolitics is reshaping Asian finance
Fragmentation Finance argues that the dollar-anchored, open-market order of the post-Cold War decades is eroding and that the Iran-US conflict is only the latest in a series of events accelerating ...
OCBC prices £1 billion floating rate covered bonds due 2029
They are expected to be issued on Aug 26 and listed on the Singapore Exchange on Aug 27 Read more at The Business Times.
Singapore Gives Facebook, Instagram and TikTok Until 2027 to Block Unlicensed Financial Ads
Facebook, Instagram and TikTok must block financial ads to Singapore users without MAS licensing from 31 January 2027, or face fines up to S$1 million.