Banking

SINGAPORE (Sept 7): The outcome of the Global Financial Crisis (GFC) has altered the business and economic landscape — for better or worse.

SINGAPORE (July 18): Singapore's millennials are outpacing their Generation X (Gen X) and baby boomer peers when it comes to growing their savings, according to United Overseas Bank’s (UOB) transaction patterns of its flagship UOB One Account holder

LONDON (June 6): Standard Chartered Plc plans to create two new hubs for its Asian operations in Singapore and Hong Kong to simplify the emerging market lender’s extensive network and reduce costs, people familiar with the plan said.

SINGAPORE (June 5): All Singaporeans and permanent residents (PRs) can now open an OCBC 360 Account via the bank’s website, without the need to visit a bank branch or provide documents, says OCBC Bank.

SINGAPORE (Apr 12): DBS Bank has announced the launch of SmartSend, an online remittance service that allows non-DBS customers to make same-day money transfers to eight markets around the world, namely: Australia, Hong Kong, India, Indonesia, Malaysia, Ph

SINGAPORE (Mar 20): DBS on Tuesday launched the DBS Electricity Marketplace, an online service which allows all households in Jurong, namely those with postal codes 60 to 64, to seamlessly switch to other electricity retailers beginning with two options,

SINGAPORE (Mar 15): Two-fifths (40%) of local retail banking customers in Singapore are ready to stop or cancel their services with a bank on the grounds of poor customer engagement, according to a recent study commissioned by customer experience & call c

SINGAPORE (Feb 28): Hong Leong Asia reported FY17 losses of $66.5 million, 6.7% smaller than the net loss of $71.3 million a year ago.

SINGAPORE (Feb 27): Hong Leong Finance reported a 61.5% rise in FY17 earnings to $85.7 million from $53.1 million a year ago, which is equivalent to 19.3 cents per share, after topping up provisions amounting to $3.8 million against $1.1 million in FY16.

HONG KONG/LONDON (Feb 20): Stuart Gulliver’s seven-year reign as HSBC Holdings Plc’s chief executive officer ended with a rare failure to live up to analysts’ earnings estimates as lending margins narrowed and the bank booked loan charges related t