Singapore

UOB Group Q2 net profit rises 10% to $1.5b despite margin pressure

Net interest income eased 2% YoY in a lower interest rate environment. 

Nearly 70% of Singapore finance leaders struggle to scale AI

Another 64% pointed to fragmented or inconsistent data across systems.

Up to $47b in revenue up for grabs for APAC wealth and asset managers

AWM companies in the region manage only 22% of assets versus Europe’s 40% and North America’s 60%.

Maybank Singapore joins MAS cross-border settlement initiative

The company's tokenisation efforts support its ROAR30 $3.2b digital investment.

DBS’s Q2 2026 profit climbs 9% driven by higher fee income

The bank said fee income remained close to record levels.

DBS targets small firms’ technology gaps with free support

The package includes onboarding workshops, sector advice and access to artificial intelligence tools.

Singapore banks offload risk to private credit

Banks will continue to anchor relationship-based senior lending, KPMG said.

Standard Chartered trains 30 leaders for affluent push

The first cohort spans Singapore, Hong Kong, Dubai and the United Kingdom.

Digital wallets overtake cards in Singapore payments

Wallets captured 40% of online transaction value and 36% of in-store spending in 2025.

DBS taps industry veteran Jonathan Larsen for board seat

Before DBSH, he was the Chief Innovation Officer of Ping An Group.

OCBC, ZGC International partner to target China-ASEAN tech flows

The bank gains access to the enterprise’s 14,000-firm technology network. 

Singapore banks displace chip stocks in July rally

Oversea-Chinese Banking Corporation delivered a 17.5% total return and led the benchmark.

UOB–JTC deal aims to draw more firms into Singapore’s industrial hubs

Taiwan’s FIC Global, Inc. is amongst the first companies referred through the partnership.

Singapore payments code targets hidden fees and misleading claims

Voluntary standards call for upfront disclosure of transaction costs.

Can AI replace wealth advisers?

Affluent investors still seek human judgement for major financial decisions.

Why private credit is a strategic partner for Singapore banks

It’s allowing banks to optimise their balance sheets.