Financial Services
Singaporeans are less satisfied with their credit cards in 2018
Overall satisfaction levels fell by 9 points to 718.
Singaporeans are less satisfied with their credit cards in 2018
Overall satisfaction levels fell by 9 points to 718.
Daily Briefing: Singapore chips in for Asia's superapp charge; Staff costs in DBS slipped 1.5% in September
And cross-border payments startup Wallex secures remittance licence from MAS.
UOB opens new headquarters in Shanghai
UOB Plaza is the first office building owned by a foreign bank in the Lujiazui Financial District.
Daily Briefing: OCBC's 4.5% salary hike extends losing streak to UOB and DBS; PM Lee refutes Singapore as post-Brexit model for UK
And US-based MassMutual Ventures opens its Singapore office.
Singapore bond issuances by Chinese issuers hit $17.88b in 2017
A MAS official thinks that SGX can explore how it can work with Chinese counterparts to support BRI financing.
DBS downplays trade jitters as Q3 results shine
Its chief executive stressed that supply chains are hard to move.
Chart of the Day: Take a look at the NIMs of Singapore's big three banks
Their combined income hit $24.2b in September.
Maybank transfers community financial services business to Singapore subsidiary
As a result, 1,850 employees will be transferred from the branch to the subsidiary.
Great Eastern denies claim of $659.76m contribution to Malaysian insurance fund
It is still in talks with Malaysian authorities for options on meeting foreign ownership rules.
DBS profit balloons 72% to $1.41b in Q3
Strong lending and fee income figures boosted quarterly earnings.
OCBC profits jumped 12% to $1.25b in Q3
Net interest income grew 9% to $1.51b.
Singapore gives China a run for its money as it makes headway with its fintech dreams
Six homegrown fintech firms made it to the world’s top 100 with Grab nabbing a place in the top ten.
Bank loan growth slows to 4.5% in September as sentiment sours
This marks the slowest on-year pace since February.
Maybank to deepen Singapore presence with new locally incorporated subsidiary
It will house its private wealth, retail SME, retail banking, and commercial banking units.
Singapore still beats Hong Kong over Asia's open banking readiness crown
DBS and OCBC are regional pioneers in fintech and innovation.
Daily Briefing: Singapore bankers cautious of mainland China travel; Razer sets eyes on international market expansion
And trade and supply chain investor GTR Ventures makes its first African investment.
DBS launches ‘matchmaking' platform linking clients and startups
Participating firms can name the bank as their anchor client during fundraising activities.