Singapore
Standard Chartered and A*STAR set up an AI for Banking Innovation Lab
Standard Chartered and A*STAR set up an AI for Banking Innovation Lab
The three-year partnership is expected to accelerate AI research.
HSBC unveils biggest wealth centre in Singapore
Wood, stone, and textured fabrics with layered lighting create a private space.
DBS and OCBC face weaker Q1 profits despite wealth gains
Both are expected to report growth in treasury customer sales.
UOB faces margin pressure in Q1 as fees ease
Wealth management fees may grow at around 3.3% YoY during the quarter, said CGSI.
OCBC rolls out gen AI skills training programme for wealth advisors
It is now live in Singapore and will be rolled out in Malaysia and Hong Kong at a later date.
StashAway launches lifetime perks for regular investors
They can get an additional 0.15% pa returns or add to their ETF portfolio with no order fee.
DBS Q1 profit may fall to $2.2b on margin pressure and record wealth fees
Wealth fees could grow by around 10.5% year-on-year, analysts said.
DBS appoints sustainability leader to drive Asia’s low-carbon push
Kelvin Wong will serve as Chief Sustainability Officer, starting 11 May.
Bank of Singapore names Vi Sun Yang as head of ASEAN private banking
She will lead the bank’s largest market and join the global management committee.
LionGlobal Singapore Trust Fund hits $1.25b AUM benchmark
OCBC contributed $600m in net inflows in March.
Singapore banks and insurers expect slower profits in 2026
Finance confidence slipped to 54.3 in Q4 2025, whilst the wider economy rose to 52.1
Singapore banks attract inflows as investors exit riskier Gulf markets
Wealth and deposit inflows from risk-averse investors may cushion weaker net interest income.
DBS urges portfolio rebalancing as volatility rises
Investors should avoid excessive exposure to any single market or asset class.
Finance sector ranks second in Singapore retrenchment rate
Only information and communications ranked higher.
HSBC Singapore unveils refreshed mobile app with expanded wealth services
Customers can customise their homepage and have access to enhanced wealth tools.
FOMO Pay launches AI soundbox and targets AI-powered merchant portal
FOMO Pay is developing an AI layer that will give actionable insights on transaction patterns.
Singapore on-time loan repayments in 2025 hit post-COVID record high
It has jumped to 86%, when it hovered around 36% to 65% in 2020-2024.
Commentary
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