Singapore
Singapore-based US banks beef up cybersecurity roles
JP Morgan, Citi and BAML are more vulnerable to threats than homegrown lenders.
Singapore-based US banks beef up cybersecurity roles
JP Morgan, Citi and BAML are more vulnerable to threats than homegrown lenders.
DBS ties up with ride-hailing firm Go-Jek for regional payment services
The collaboration will extend to other SEA countries.
Singapore bank NIMs set to widen to 1.98% in 2020
However, this is still lower than the 2008 average.
Singapore bank loan growth to slow to 3% in 2019
Trade tensions and higher interest rates will dampen borrowing.
Singaporeans are less satisfied with their credit cards in 2018
Rewards programmes have room for improvement.
Singapore bank earnings up 25% in 9MFY18
Return on equity hit a ten-year high.
Weekly Global News Wrap Up: European bank returns trail behind US; Spain reverses loan tax ruling
And Wells Fargo is bullish about its investment banking arm.
DBS downplays trade jitters as Q3 results shine
Its chief executive stressed that supply chains are hard to move.
Asia's asset management scene takes off as AUM hits $8.1t in 2017
The region outperformed Europe and North America in AUM growth. Western wealth hubs fail to match the stellar growth of Asia-Pacific’s asset management scene after the region’s assets under management (AUM) surged 17% to $8.1t in 2017, according to Willis Towers Watson.
Banks receive boost as Myanmar urges citizens to beef up savings
The number of adults who save via banks is at a measly 11%.
UOB unveils inventory management solution for F&B businesses
The new scheme cuts the time it takes to make purchases and payments.
Singapore fintechs give China a run for its money
Ride-hailing firm Grab nabbed a place in the top five.
Maybank transfers community financial services business to Singapore subsidiary
Around 1,850 employees will be moved to the subsidiary.
Singapore seals $10b financial deal with Indonesia
It will make a local currency bilateral swap agreement where both central banks can exchange up to $9.5b.
DBS profit balloons 72% to $1.02b in Q3
Strong lending and fee income figures boosted quarterly earnings.
Societe Generale expands daily leverage certificates offerings on Singapore bourse
They will start trading from November 7.
OCBC profits jumped 12% to $806.53m in Q3
Net interest income grew 9% to S$1.51b.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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