Credit Suisse makes headway in digital space in Asia

Credit Suisse in Singapore has launched two solutions in the digital space to keep up with consumer expectations: digital client on boarding for private banking and automated account aggregation and reporting. Digital client onboarding for private ... ( read original story ...)

Deutsche Bank Said to Review Options This Month for Capital (2)

(Bloomberg) -- Deutsche Bank AG plans to review strategic options over coming weeks that include a capital increase and the partial sale of its asset-management business, according to people with knowledge of the plans. The supervisory board is scheduled ... ( read original story ...)

Deutsche Bank Said Near Plan on $10.6 Billion Capital Raise (1)

(Bloomberg) -- Deutsche Bank AG is nearing a plan to boost capital by more than 10 billion euros ($10.6 billion) through an equity offering and the partial sale of its asset management unit, according to people with knowledge of the discussions. The ... ( read original story ...)

The Call: UOB stays overweight on Singapore banks

SINGAPORE (Feb 22): UOB KayHian is maintaining its “overweight” rating on the local banking sector, keeping DBS Group Holdings and Oversea-Chinese Banking Corp as its top buys. In a Monday report, UOB lead analyst Jonathan Koh says the outlook for 2017 ... ( read original story ...)

DBS launches enhanced digital wealth platform

A new offering from DBS is a first in Singapore, according to the bank, by allowing clients to conduct their banking transactions, manage their wealth and also trade on a single platform. A new offering from DBS is a first in Singapore, according to the ... ( read original story ...)

Singapore's private sector growth indicator slips to 4-month low

A general view of factories at an industrial park in Singapore September 16, 2014. Reuters Singapore's private sector growth indicator has dropped to a 4-month low in February, due to slower expansions in output, new orders and hiring, according to the ... ( read original story ...)

Banking on boring but safe home mortgages

Last month, a DBS Bank staffer got rather worked up at a tweet which said "UOB has the highest new home loan market share in Singapore, at 31 per cent: CEO". This reporter was contacted and grilled on the matter, such as how UOB made such a claim ... ( read original story ...)

Mugabe, 93, flies to Singapore for 'medical review'

Zimbabwean President Robert Mugabe, who celebrated his 93rd birthday last week, flew to Singapore on Wednesday for a "scheduled medical review", his spokesman said. Mugabe appeared frail at his birthday party on Saturday, when he stood for more than an ... ( read original story ...)