Business
iFast Q4 net profit rises more than 70% to S$32.9 million as banking operations turn profitable
Revenue for the quarter up 45.7% at S$151.7 million, driven by stronger contributions from ePension division Digital bank and wealth…
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Banking
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…
Business
AI is changing banking jobs, forcing a rethink of skills: UOB’s innovation head
Lenders must ensure employees can adapt to technology in a ‘comfortable’ way, Lee Zhu Kuang says Lee Zhu Kuang describes himself as a…
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
Cordlife secures one-year renewal for its cord-blood banking service licence
Its scope is limited to storing, transferring or retrieving existing cord-blood units for clinical use Cordlife Group has secured a…
Business
Singapore investment banking fees climb to US$864.6m in 2025, highest in 4 years
DBS leads in fees earned; local firms issue a total of 38 IPOs last year, raising US$2.5 billion Investment banking fees generated in…
Business
Ripple Leverages Japanese Banking Giants to Drive XRP Ledger Activity
XRP ETF surpasses Bitcoin and Ethereum. Photo by BeInCrypto Ripple Labs is doubling down on its presence in Japan, drawing on longstanding…
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
Exclusive Interview: Himani FNU on AI, Cloud Security, and the Digital Future of Banking
Naperville, Illinois As financial systems evolve into cloud-native, AI-driven ecosystems, leaders like Himani FNU are playing an…
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
The lender will execute a go-to-market strategy that covers both entrepreneurs and venture capital firms HSBC on Wednesday (Oct 29)…
Business
UBS Q3 profit beats expectations as investment banking rebounds, legal costs ease
UBS Group profit beat expectations in the third quarter as investment banking revenue and lower-than-forecast legal costs boosted…
Business
Genuine curiosity, strong business acumen key to building relationships in SME banking: DBS’ Sharon Tan
She says SMEs need to future-proof and transform themselves, and rethink making their supply chains more regional in nature Having genuine…
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
Wells Fargo CEO says credit is strong, sees no cracks in banking system
Credit among consumers and businesses remains strong, despite recent concerns about loan losses that have weighed on bank stocks, Wells…
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
Goldman’s profit beats estimates as dealmaking rebound boosts investment banking
Goldman Sachs beat Wall Street expectations for third-quarter profit on Tuesday (Oct 14), as its investment bankers earned higher advisory…