Singapore
Singapore investment banking fees up 18% to $257.5m in Q1
Singapore investment banking fees up 18% to $257.5m in Q1
But ECM underwriting fees fell to its lowest since 2016 and syndicated lending fees declined.
Aspire secures capital markets service license in Singapore
It will launch its investment solution Aspire Yield soon.
MariBank launches remittance service for retail and business customers
Service is currently offered on an invite-only basis with 10 currencies and 13 destinations.
UOB to take legal action against Yang Kee Logistics’ ex-CEO
The bank called Ken Koh’s allegations baseless.
Singapore’s financial sector turns to contract hiring for cost control
Hiring processes have become lengthier as employers consider cultural fit and regulatory compliance.
Singapore places fourth for most ‘ATMs near me’ Google searches
Sri Lanka, Malaysia, Mongolia, and Hong Kong also made the list.
Chocolate Finance to continue 3-6 day withdrawal time frame
It has not disclosed when it plans to return the instant liquidity feature.
GXS Savings Account’s maximum balance raised to S$95K
Interest rate is 2.38% for the Savings Pocket product.
OCBC CEO Helen Wong’s remuneration up 5.7% to S$12.8m in 2024
Her base salary is lower but her bonus is higher.
Trust Bank introduces money lock feature with digital unlocking capabilities
They need their app and card to unlock their money.
SG millennials, Gen Z want rewards customisation in credit cards
Over 1 in 2 said that being able to customize rewards will reduce the need to switch.
Why high capital levels are a double-edged sword for Singapore banks
The banking sector in Singapore has shown signs of expansion, with loan growth rising to approximately 5% in 2024.
BC Payments clinches in-principle approval for MPI license in Singapore
The company plans to double its Singapore headcount over the next year.
DBS is 5th most valuable bank brand in APAC: study
Its brand value rose 56% to $17.2b.
Singapore banks slated to cut capital buffers as they seek growth
Banks have set plans to do so, says S&P.
Citi Private Bank unveiled new philanthropy advisory solutions in Asia
Services include donor-advised funds or funding donations through charity partners.
Standard Chartered unveils savings account for clients 55+ and above
It offers a 3% interest rate, and up to $50,000 protection from digital theft.
Commentary
APAC has mastered domestic payments. The next challenge is connecting them.
Why fragmented communications are becoming a hidden governance risk for Asia Pacific banks
From automation to agency: Asia’s wealth leaders can reinvent, not just streamline
Singapore aced its FATF evaluation — now comes the hard part
Are Asia’s digital banks prepared for the stablecoin era?
Why APAC is building home-currency stablecoins
Why Southeast Asian wealth managers must design the business before buying the technology
Why trust in Asian banking increasingly gets built off the record
Hong Kong cleared stablecoins for take-off. Getting them to work across Asia is the hard part