News
DBS named as SEA’s most profitable bank
DBS ranked as the 10th largest company in terms of revenue in Fortune’s SEA 500 list.
DBS named as SEA’s most profitable bank
DBS ranked as the 10th largest company in terms of revenue in Fortune’s SEA 500 list.
Rapid loan growth weighs on Bank of Suzhou’s capital ratios
The bank is expected to maintain good asset quality over the same period.
OCBC’s final offer for Great Eastern squeeze out at S$25.6 per share
Closing date has been extended to 12 July.
Citi Commercial Bank targets mid-sized corporates in Japan
This follows CCB’s expansion in France and Ireland in 2023.
Evergreen Group obtains financing license to expand in Malaysia
With the license, the company can fund affordable housing for civil servants.
Hong Leong bank boosts efficiency and personalisation with AI
AI's role in personalising banking services and streamlining processes highlighted.
DBS targets $370b in wealth assets by 2026
DBS saw a 23% increase in wealth assets in 2023.
Citi appoints new sales head for key Asian markets
She previously worked at Bank of America and JPMorgan.
Natixis CIB appoints new APAC equity derivatives head
Arnaud Davoust will report to Eric Elbaz.
MAS and BIS launch blueprint for climate risk data platform
The platform integrates regulatory and climate data from corporate disclosure documents.
UOB and EnterpriseSG launch sustainability-linked financing programme for SMEs
The programme will help SMEs reduce sustainability-linked costs by 85%.
OCBC Ignite aims to double poly graduate intake
Only 3% of graduates join the financial sector full-time permanently.
Singapore’s big banks aim for 96% emissions cut by 2050
DBS, OCBC, and UOB have set S$200b loan portfolio emissions targets.
China's bank assets grow to $60.14t in Q1 2024
This grew by 8.1% on a year-on-year basis.
UOB Thailand ushers in new CEO
Richard Maloney will begin his role on 1 July.
Korean financial firms invest $42.1b in overseas real estate
This was an increase of $876m.
HSBC unveils new face for trade services with Global Trade Solutions
The bank outlined plans to give a safer, smoother digital trade experience.
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