Singapore
Bank of Singapore unveils new asset allocation framework
Bank of Singapore unveils new asset allocation framework
It promotes diversification and focuses on minimising loss in the worst-case scenarios.
Investment banking fees jump 38% in H1 2025: report
Citi led the market with $72.9m (US$54m) in fees, capturing a 12.5% share.
Singapore is Asia’s top offshore destination of wealthy investors
Saving up for vacation and leisure overtook financial security as the top financial goal.
SSFA issues new guidance for green and transition financing
This guide helps stakeholders in SEA apply the Singapore-Asia Taxonomy for Sustainable Finance.
OCBC rules out future Great Eastern bids after delisting fails
OCBC holds a 93.72% stake in the insurer.
ION Orchard, Visa partner for exclusive retail experiences
ION+ Rewards Members can unlock a variety of premium privileges by shopping with their Visa cards.
ShopBack secures MPI licence in Singapore for payment product
ShopBack Pay is now authorized to provide payment services in the country.
SMFG to establish agentic AI firm in Singapore
Ahmed Jamil Mazhari has been named CEO and SMFG’s AI transformation advisor.
Revolut partners with Ant Int’l to enable transfers to China via Alipay
It has a tiered fee system.
UOB acknowledges penalty for anti-money laundering breaches
Two of its employees were reprimanded, it said in an SGX statement.
Six banks penalized in Singapore for AML breaches
Credit Suisse’s fine also accounts for separate breaches related to US customer accounts.
Tokenisation of bank assets could boost liquidity and risk management in FX
But the industry must address the potential fragmentation of the liquidity pool.
UOB signs MoUs to support business expansion across ASEAN
These partnerships aim to enhance trade, investment, and the internationalisation of Singapore enterprises.
Singapore fraud losses rise as APP scams take over
The report revealed human-initiated attacks in Singapore surged by 30% YoY, even as automated bot attacks declined by 27%.
Standard Chartered faces legal battle over $2.7b fraud claims in 1MDB case
The liquidators alleged that it permitted over 100 transfers related to the scandal.
OCBC app enables text resizing in English and Mandarin
About 70% of app screens have been covered in the initial rollout.
MAS proposes revisions to PHS, complex products framework
Investment-Linked Policies (ILPs) will require a PHS under the proposals.
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1. UOB’s net profit down 16% to $443m in Q3 2. ShaComm Bank, HashKey team up for digital asset push 3. MAS, police tighten coordination for Prince Holding Group probe 4. Hang Seng Bank launches money lock feature 5. ANZ warns H2 profit will be hit with $727.19m charges from significant itemsResource Center
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Experts explored how hybrid multi-cloud strategies and interconnected data centres are shaping the future of banking in the region.
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