Singapore
Singapore urges caution against intensified phishing attempts
Singapore urges caution against intensified phishing attempts
Some emails are claiming to come from the central bank itself.
OCBC profits up 29% to $1.11b in Q1
Higher income from wealth segment and loan related activities buoyed earnings.
Open API is just the beginning
It might seem as though vertical division of labor and horizontal disintegration have already proliferated enough.
Bank of Singapore bullish on Middle East prospects
AUM in Dubai grew about 30% from its launch in 2016.
UOB profits jumped 21% to $978m in Q1
Higher incomes from interest and fees and commissions boosted quarterly earnings.
ANZ acquisition buoys DBS' loan and fee income figures in Q1
Loan growth rose 10%.
UOB partners with coworking operators to offer rental discount to startups and SMEs
The discounts will cover 33 coworking spaces owned by five Southeast Asian firms.
Weekly Global News Wrap Up: RBS to cut 792 jobs and 162 branches; Nordic banks' shares plunge in Q1
And Deutsche Bank may also axe 10% of its US workforce.
Emerging Asia is leading the global corporate banking charge
CAGR from 2009 to 2016 clocked in at 12%.
Singapore bank lending up 5.4% in March
Thanks to sustained demand for home and corporate loans.
DBS profits up 26% to $1.15b in Q1
Total income rose 16% thanks to healthy loan growth and interest income.
Aggregator threat closes in on open banking
Banking customers may switch now that they can compare their bank's performance with others.
Maybank expands Sunday banking services in Singapore
Maybank's Alvin Lee also shares how the bank currently innovates their branches.
Fintech patent application streamlined in Singapore
Applicants need to furnish a “Fast Track” document to be recognised as fintech.
Singapore and Vietnam tie up for fintech cooperation
Additionally, the two countries also revised a partnership on banking supervision.
Are ecosystems the key to boost bank returns?
Networks of ecosystem partners and access to more data lower costs of customer acquisition.
Citi links credit card to Apple Pay's system
The service was launched in Singapore, Australia and Hong Kong and will be rolled out to Taiwan later this year.