Singapore
Asian banks fall behind Western counterparts in digital transformation
                                                                                 
                    
                    Only DBS had the digital model that can stand with European and American banks.
                
                                
            Asian banks fall behind Western counterparts in digital transformation
                                                                                                                 
                            
                            Only DBS had the digital model that can stand with European and American banks.
                        
                                                
                        
    
                    Singapore loans grew 8% in 2017 but still lagged behind Hong Kong
                                                                                                 
                        
                        A robust economy and optimism in the property market are slowly narrowing the gap.
                    
                                        
                    
                Weekly Global News Wrap Up: EU Banking scandal intensifies; BoA to open 500 new branches
                                                                                                 
                        
                        And Greek banks urged to put more effort to cut NPLs.
                    
                                        
                    
                UOB Private Bank recorded a three-fold increase in DPM in 2017
                                                                                                 
                        
                        Thanks to growing investor confidence resulting to portfolio returns averaging 10-30%.
                    
                                        
                    
                Citi appoints Debopama Sen as head of treasury and trade solutions for Singapore and ASEAN
                                                                                                 
                        
                        She will report to Rajesh Mehta, Asia Pacific head for TTS, and Amol Gupte, ASEAN head and CEO of Citi Singapore.
                    
                                        
                    
                Mastercard's Sambit Pattanayak to tackle data for profitable innovation at the 2018 Retail Banking Forum
                                                                                                 
                        
                        He will join the forum as a thought leader.
                    
                                        
                    
                OCBC Bank allows Siri to help customers make e-payments
                                                                                                 
                        
                        The virtual assistant can also check bank balances and credit card details.
                    
                                        
                    
                Unlocking growth in ASEAN's digital economy: The time is now
                                                                                                 
                        
                        In just decades, digital advancement has enabled technology to shift from being a business enabler to being THE business.
                    
                                        
                    
                Standard Chartered's Singapore-based operations to merge with local unit
                                                                                                 
                        
                        This will triple its assets and add its large banking businesses.
                    
                                        
                    
                Deutsche Bank Wealth Management appoints Ingrid Widjaja as new group head in Southeast Asia
                                                                                                 
                        
                        Based in Singapore, she reports to Kin-Mun Kwong, head of WM coverage, Southeast Asia.
                    
                                        
                    
                Weekly Global News Wrap Up: Latvia points at Russia on banking crisis; Amazon partners with BofAML
                                                                                                 
                        
                        And UK Labour leader accuses banks of taking the economy hostage.
                    
                                        
                    
                Singapore banks shake off oil & gas loan burdens
                                                                                                 
                        
                        O&G debts made up 2%-3% of their total loans.
                    
                                        
                    
                Citi targets double-digit growth in wealth management clients and AUMs
                                                                                                 
                        
                        This will be buoyed by strong digital progress and platforms amongst others.
                    
                                        
                    
                How can IFRS 9 change banks' lending strategies?
                                                                                                 
                        
                        The modification would be for a long-term positive accounting outcome.
                    
                                        
                    
                It's raining dividends at OCBC and UOB
                                                                                                 
                        
                        OCBC and UOB raised their dividends to 38 cents and 80 cents, respectively.
                    
                                        
                    
                Double-digit growth in fee income cheered Singapore banks in Q4
                                                                                                 
                        
                        Thanks to wealth management and capital market services.
                    
                                        
                    
                Money20/20 Asia announces highly anticipated keynote line-up ahead of inaugural March event
                                                                                                 
                        
                        Money20/20 Asia will bring together top global FinTech leaders in Singapore to create the future of money.