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Financial Services


Financial Services

UOB offloads asset management to AllianzGI for S$555m

United Overseas Bank Limited (UOB) has announced the proposed sale of its regional asset management business, UOB Asset Management (UOBAM), to Allianz Global Investors (AllianzGI)...


Financial Services

Olam’s $1.75b one-off gain masks 18.3% operational decline

Olam Group Limited has reported a remarkable 488.7% increase in its Profit After Tax and Minority Interest (PATMI) for the first half of 2026, reaching...


Financial Services

DBS names new senior leaders

DBS has announced a series of senior leadership appointments as part of its commitment to nurturing talent from within the organisation. The changes, effective from...


Financial Services

Singapore leads APAC equity gains with 15.6% rise

FTSE Russell's latest APAC Financial Markets Spotlight report reveals that Singapore led equity gains in the Asia-Pacific (APAC) region over the past three months, with...


Financial Services

SEA M&A deal value plummets despite stable volume in H1 2026

Southeast Asia's financial services mergers and acquisitions (M&A) activity remained steady in the first half of 2026, with 31 publicly disclosed deals, according to the...


Financial Services

MoneyMax delivers record earnings of S$52.5m in H1 2026

MoneyMax Financial Services has announced a record profit of S$52.5m for the first half of 2026, marking a significant 77.3% increase compared to the same...


Financial Services

Ant International’s Bettr tackles Umrah cost barrier in Malaysia

Bettr, a fintech solutions provider under Ant International, has partnered with Muslim Pro to introduce a Shariah-compliant Umrah financing service in Malaysia. This initiative aims...


Financial Services

OCBC disrupts market with platinum, palladium access

OCBC has broadened its Precious Metals offering on the OCBC app to include platinum and palladium bullion, making it the only Singapore bank to offer...


Financial Services

Ever Glory United reports 177.5% increase in net profit in H1 2026

Ever Glory United Holdings Limited has reported a remarkable 177.5% increase in net profit for the first half of 2026, reaching S$12.7m. This surge is...


Financial Services

UOB profit climbs 10% YoY to S$1.5b in Q2 2026

United Overseas Bank (UOB) has reported a net profit of S$1.5b for the second quarter of 2026, marking a 10% increase from the previous year....


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