News

  • 08
    Nov

    Fintech gives fillip to jobs and funding in Singapore financial sector

    The Business Times by JAMIE LEE

    Singapore SINGAPORE'S move to develop the fintech sector came at a critical juncture, a time of weakness in traditional job creation in the financial industry, and just as the Monetary Authority of Singapore (MAS) was intent on spurring enterprise financing… More

  • 07
    Nov

    UOB opens new China HQ in Shanghai

    The Business Times by SIOW LI SEN

    Singapore UNITED Overseas Bank has reinforced its commitment to China by opening a new headquarters building in Shanghai. UOB Plaza is the first Grade A office building owned by a foreign bank in the Lujiazui Financial District, the bank said on Tuesday.… More

  • 02
    Nov

    OCBC's all for digital transformation, but is not keen on separate digital bank

    The Business Times by SIOW LI SEN

    Singapore OCBC Bank's digital transformation is bearing fruit, with more customers transacting digitally and the initiative is also helping to drive costs down, said its chief executive Samuel Tsien. But OCBC will not create digital banks, nor apply… More

  • 31
    Oct

    Robo-advisory service for UOBAM corporate clients

    The Straits Times

    UOB Asset Management (UOBAM) is starting an initiative to enable corporate investors to set up customised digital investment portfolios to meet specific investment goals. The initiative is being offered through the enhanced UOBAM Invest, a digital advisory… More

  • 26
    Oct

    Edmund Koh named first Singaporean president of UBS Asia Pacific

    The Business Times by WONG KAI YI

    Singapore SWISS investment bank UBS has appointed industry veteran Edmund Koh as the first Singaporean president of UBS Asia Pacific, promoting him from his previous position as head of wealth management for Asia-Pacific and country head Singapore.… More

  • 19
    Oct

    UOB launches eLab to personalise digital services

    The Business Times by LEILA LAI

    Singapore UNITED Overseas Bank (UOB) on Thursday launched a pan-regional Engagement Lab (eLab) to personalise the way in which it converses with and serves customers of its upcoming Digital Bank services. In August, the bank announced plans to introduce… More

  • 18
    Oct

    Banking veteran Mukhtar Hussain to become HSBC (Singapore) chairman and director

    The Business Times by YUNITA ONG

    Singapore HSBC BANK (Singapore) has appointed Mukhtar Hussain as its chairman and director effective Oct 17, as the locally incorporated arm of The Hongkong and Shanghai Banking Corporation seeks to capture Asean business and deepen Singapore's role… More

  • 15
    Oct

    Connecting clients to Asean and BRI, the StanChart way

    The Business Times by SIOW LI SEN

    AS global banks ride Asean's heady growth and China's Belt & Road Initiative (BRI) projects, Standard Chartered's regional head Judy Hsu has her work cut out for her. What will help Ms Hsu - who took on the post of StanChart's regional chief executive,… More

  • 10
    Oct

    Who will be winner in e-payments: banks, independents or telcos?

    The Business Times by NICK LORD

    OVER the next 18 months one of the more noticeable ways in which technology will impact daily life in Southeast Asia will be the means by which we pay for things. We will make fewer payments with cash and cheques and spend less time visiting bank branches… More

  • 09
    Oct

    Julius Baer primes for second M&A wave in private banking

    The Business Times by JAMIE LEE

    Singapore JULIUS Baer, ranked the fifth-largest private bank in Asia, expects consolidation in the private-banking market in the next three years, as competing players buckle under the strain of costs and call it quits, said its top executive. Speaking… More