Financial Services
Singaporeans increasingly use AI to manage their finances, survey shows
Singaporeans are increasingly turning to digital platforms and AI tools to manage their personal finances, according to a recent survey by MDRT. The survey reveals...
AI threats force MAS, ABS to form taskforce
The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have announced the formation of the AI-Driven Cyber and Technology Risk...
OCBC slashes onboarding time with AI
OCBC has introduced its agentic AI platform, HELIOS, to streamline the onboarding process for wealthy clients, reducing the time to open private banking accounts to...
Citi boosts FX options with senior trader hires in Singapore
Citi has bolstered its FX Options franchise by appointing three senior traders in Singapore, aiming to enhance its market-making and risk-warehousing capabilities for corporate and...
UOB Asset Management highlights global resilience despite heightened uncertainty
UOB Asset Management (UOBAM) has unveiled its third-quarter 2026 investment strategy, emphasising the global economy's resilience despite ongoing challenges such as inflation, tariffs, geopolitical tensions,...
HSBC offloads its life and health insurance business in Singapore to Allianz
HSBC Group has announced the sale of its life and health insurance business in Singapore, HSBC Life (Singapore) Pte. Limited, to Allianz for S$2.7b (US$2.1b)....
MAS, BOT sign MoU to combat digital fraud
The Monetary Authority of Singapore (MAS) and the Bank of Thailand (BOT) have signed a Memorandum of Understanding (MoU) to strengthen cybersecurity cooperation and digital...
FWD Singapore and Ascend Asia partner to enhance financial services
FWD Singapore and Ascend Asia Financial Services Group have announced a long-term strategic partnership to enhance financial advisory distribution and improve access to quality financial...
uMINT becomes available on 1exchange, expands market
UBS Asset Management's tokenised USD money market investment fund, uMINT, has become available for secondary market trading on 1exchange, a regulated platform for tokenised real-world...
Neuberger strengthens APAC push with Ng hire
Neuberger, a global investment manager, has appointed Bertrand Ng as Alternative Product Specialist for the Asia-Pacific (APAC) region. Based in Singapore, Ng will join the...
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