Business
UOBKH forecasts STI to hit 5,400 by end-2026; bets on EQDP boost, banking giants
The Straits Times Index (STI) may reach 5,400 points by the end of 2026, driven by policy tailwinds and resilient corporate earnings, said…
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Banking
Business
Banking trio ends lower, weighing on STI
Across the broader market, decliners outnumber gainers 310 to 259 after 1.6 billion securities worth S$1.7 billion change hands Singapore…
Business
Can AI-Powered Security Prevent 34.2 Billion in Banking Fraud?
The numbers tell a scary story. Cybercriminals attack banking systems every 39 seconds, and they're getting smarter every day. Last year…
Business
Citigroup to boost Japan investment banking team on deal boom
Other banks are strengthening their investment banking operations in Japan as well CITIGROUP will further increase its investment banking…
Business
‘Shadow banking’ growing at double the rate of traditional lenders, FSB says
The sector’s rapid growth alarms regulators over weak transparency and risks spilling into broader financial markets The non-bank…
Business
MNA Ventures Launches QBS Banking Facility Platform for Crypto-Linked Businesses
MNA Ventures announces the launch of the QBS Banking Facility Platform, a financial infrastructure developed through the longstanding…
Business
Recovery in investment banking activity likely to continue into 2026 amid positive macro environment
Improved macroeconomic conditions have led to a recovery in investment banking activity across Asean this year – and bankers expect the…
Business
OCBC customers unable to log into mobile banking app
OCBC customers are experiencing difficulties logging into the bank’s mobile application on Thursday (Nov 27). On outage tracking site…
Business
OCBC’s Internet and mobile banking services fully restored after two-hour outage
OCBC customers experienced difficulties logging into the bank’s mobile application on Thursday (Nov 27). On outage tracking site…
Business
Australia banking regulator warns on elevated risks from abroad
APRA and other regulatory agencies are attempting to strengthen the system with further work dedicated to geopolitical risk Risks to…
Business
HSBC brings startup-focused Innovation Banking to Singapore, allocates US$1.5 billion to finance high-growth companies
Lender will execute a go-to-market strategy that covers both entrepreneurs and venture capital firms HSBC on Wednesday (Oct 29) launched…
Business
Who Is Timothy Mellon? Billionaire Investor Who Donated $130M to Pay Soldiers During Government Shutdown Is Heir to Famed American Banking Family
Billionaire investor Timothy Mellon, heir to the prominent American banking dynasty, is the wealthy donor who contributed $130 million to…
Business
OpenAI recruits ex-bankers to train AI to eliminate banking grunt work
Participants are paid US$150 per hour to write prompts and build financial models for a range of transaction types OpenAI has more than…
Business
Banking shares’ wobbles reveal growing unease over credit risks
The markets have weathered a string of credit scares and surprise write-downs over the past two years A clutch of bad loans at banks in…
Business
Banking with MrBeast?
The MrBeast burger. MrBeast toys. Rumors of a MrBeast phone company. Could a MrBeast bank next? The world’s most-subscribed-to YouTuber,…
Business
From banking to the FIA: what Citi’s new Singapore head Lee Lung-Nien brings to the F1 governing body
Lee Lung-Nien has helped turn around a financially dire FIA, to the tune of a net 28.7 million euro swing Lee Lung-Nien – the first…
Business
From banking to the FIA: What Citi’s new Singapore head brings to the F1 governing body
Under the mandate of the FIA president, Lee Lung-Nien has helped guide a remarkable financial turnaround at the motorsports governing body…
Business
DBS, UOB, OCBC eye risks while banking on tokenised assets for the future
Singapore banks are accelerating their push into asset tokenisation, but they are wary of regulatory and talent hurdles. Take DBS, for…
Business
Net-Zero Banking Alliance formally winds down after Wall Street exodus
THE world’s biggest climate alliance for banks said on Friday (Oct 3) that it has ceased operations, bringing to a formal end a project…
Business
Citi names banking veteran Lee Lung-Nien as new Singapore country officer and banking head
He will step into the new role on Oct 6, and is the first Singaporean to hold the post in 50 years Citi has appointed Lee Lung-Nien as…
Business
Imagining the future of banking with agentic AI
Adapting to new and emerging technologies like agentic AI is essential for an organization’s survival, says Murli Buluswar, head of US…
Business
Citi appoints ex-JPMorgan banking veteran as Apac investment banking co-head
Citi has named Kaustubh Kulkarni as its new co-head of investment banking for Japan, Asia North and Australia and Asia South. Kulkarni…
Business
Citi appoints banking veteran as Apac investment banking co-head
Kaustubh Kulkarni is making the move after spending nearly three decades at JPMorgan Citi has named Kaustubh Kulkarni as its new co-head…
Business
ANZ starts cutting jobs in institutional banking division
Precisely how many roles will be eliminated from the restructure remains unclear, and the bank has said that it will update investors on…