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finance
Disruption and Digitalisation
Open banking a key digitisation objective for Asia Pacific FIs: Accenture Research
SINGAPORE (Dec 4): Providing open banking services is on the cards for the majority of large banks in Asia Pacific, according to a new global research report by Accenture Research.
December 04, 2018
Singapore economy
Singapore assessing 2019 forecasts with trade war risks in view
SINGAPORE (Nov 5): Singapore may need to review its economic growth projections for next year as a trade spat between the world’s two biggest economies increases uncertainty and crimps business investment, the city state’s finance minister said.
November 05, 2018
Results
DBS reports 72% higher 3Q net profit of $1.4 bil on record total income
SINGAPORE (Nov 5): DBS Group Holdings reported a net profit of $1.4 billion for 3Q18, up 72% from $822 million a year ago when accelerated allowances had been taken for weak oil & gas support service exposures.
November 05, 2018
OCBC launches new brand campaign, Simply Spot On
SINGAPORE (Oct 29): Overseas-Chinese Banking Corporation (OCBC) today a new brand promise campaign with the tagline Simply Spot On, to be rolled out over three months using an integrated multi-channel communication strategy.
October 29, 2018
Fintech
UOB fully digitises applications for all consumer banking products
SINGAPORE (Oct 22): United Overseas Bank (UOB) has successfully digitised application processes for all its consumer banking product offerings.
October 22, 2018
Management & Corporate Governance
UK to consider proposals to curb Big Four auditors: industry official
LONDON (Aug 29): Britain’s competition watchdog is expected to formally consider proposals from top accountants to curb the market share of the “Big Four” auditors, a senior industry official said on Wednesday.
August 30, 2018
HSBC launches Jade membership programme targeting 'sweet spot' in Southeast Asian wealth space
SINGAPORE (June 28): HSBC Bank (Singapore) today announced the launch of a new membership programme, HSBC Jade, targeting individuals looking for high net-worth (HNW) solutions in Singapore.
June 28, 2018
StanChart said to plan Asia split into Singapore, Hong Kong hubs
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.
June 06, 2018
Fintech
Customers can now open OCBC 360 Account via bank's website
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.
June 05, 2018
Fintech
Will regtech take over the global fintech landscape in coming years?
SINGAPORE (Apr 12): Regulation technology (regtech) is set to grow in the coming years, says financial services firm EY in its recent white paper.
April 12, 2018