Singapore
Grab takes control of Indonesia’s Superbank via GXS transfer
Grab takes control of Indonesia’s Superbank via GXS transfer
The transfer will increase the group’s stake in the bank to over 50%.
9 hours ago
MAS revokes BSQ payment licence over false disclosures and risk failures
BSQ provided false or misleading in material particulars, MAS said.
1 day ago
GXS Bank and Lion Global launch exclusive multi-asset fund
The fund has a “medium to high” risk level and is exclusively available at GXS Invest for now.
1 day ago
DBS to hire over 500 young talent in 2026 amidst AI push
The Singaporean bank will hire 112 management associates and 400 interns in 2026.
2 days ago
Singapore banks benefit from safe-haven flows amidst Middle East conflict
Investors are shifting assets to the city-state for stability and protection.
HSBC Singapore adds health perks for Premier clients via IHH, Raffles Medical
They will receive access to IHH’s Parkway Shenton app and Raffles Medical’s MediWellness facilities.
Payment failures cost Singapore merchants $12b annually
APAC merchants lose an estimated $75b in transaction value due to payment inefficiencies.
Singapore's big 3 banks pivot to wealth as margins shrink
The banks eye growth in onshore, ASEAN, China and Hong Kong wealth.
CIMB nabs StanChart Malaysia chief as Singapore and Growth Markets CEO
He spent 15 years working in Singapore, focusing on mergers and acquisitions and leveraged finance.
OCBC NISP’s HSBC IWPD deal may see 48% AUM uplift: analyst
There is minimal overlap between the two banks’ customers.
OCBC Q1 profit rises 5% to $1.97b on fee gains
Net interest income fell, but wealth-led gains and higher fees lifted total income.
UOB's Q1 profit down 4% to $1.1b on lower fee and interest income
Trading and investment income also fell 13% compared to Q1 2025.
Standard Chartered and A*STAR lab to boost wealth, battle fraud.
The $11.7m tie-up with A*STAR brings together 10 A*STAR researchers to explore wealth support and fraud control.
MAS pilots cross-bank AI models to detect scam risks
All sensitive data used in the exercise will be permanently deleted once complete.
HitPay eyes bigger share of traveller payments via QR
Borderless QR lets tourists pay in home wallets with local settlement.
DBS’ net profit up 1% to S$2.93b in Q1 on record total income
Wealth management growth drove up fee income and treasury customer sales to new highs.
GXS Bank, Funding Societies offer property‑backed SME financing in Singapore
New product offers up to $1.57m financing for SG SMEs using residential or commercial property as collateral.
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1. Wealth clients shift focus from returns to retirement security 2. Built to last: How Japan is approaching the cross-border payments challenge 3. ASIC holds $1.93b in unclaimed funds from old financial accounts 4. Mizuho clarifies ‘no decision yet’ on Rakuten Bank investment 5. DBS to hire over 500 young talent in 2026 amidst AI pushResource Center
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Commentary
Built to last: How Japan is approaching the cross-border payments challenge
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance