Financial Services
Bank of Singapore uses AI to streamline wealth reports
Bank of Singapore has introduced an AI-powered tool, Source of Wealth Assistant (SOWA), to automate the creation of Source of Wealth (SoW) reports, significantly reducing...
DBS named Asia’s safest bank for 17th year
DBS has been recognised as the "Safest Bank in Asia" for the 17th consecutive year by Global Finance, reaffirming its status as a leading financial...
HSBC launches tokenised deposit service in Singapore
HSBC has expanded its Tokenised Deposit Service (TDS) to Singapore, enhancing its blockchain-based payment capabilities initially launched in Hong Kong. The service, which facilitates 24/7...
Qapita secures $26.5m Series B funding
Singapore-based equity management platform Qapita has successfully raised $26.5m in its Series B funding round, led by US-based Charles Schwab Corporation. The investment, which also...
Cohen & Steers partners with DBS for real assets fund
Cohen & Steers Inc, a global investment manager, has announced a partnership with DBS Bank to provide access to the Cohen & Steers Diversified Real...
Fireblocks enhances Moomoo Singapore’s digital asset services
Fireblocks, a leading digital asset infrastructure company, has announced a collaboration with Moomoo Singapore to integrate its Wallets-as-a-Service (WaaS) infrastructure. This partnership aims to expand...
Singapore leads in AI but faces client loss challenges
Singapore's financial institutions are at the forefront of adopting artificial intelligence (AI) for compliance, with a remarkable 92% integration rate, according to the 2025 Fenergo...
Universal Investment enters APAC with Singapore office
Universal Investment Group has announced the opening of its first office in Singapore, marking its expansion into the Asia-Pacific (APAC) region. This strategic move aims...
Asia Pacific investment banking fees soar in 2025
Investment banking activities in Asia Pacific, excluding Japan, have seen a significant rise in the first nine months of 2025, according to LSEG’s Deals Intelligence...
Malaysia PM to open Global Islamic Finance Forum 2025
Malaysia's Prime Minister, Anwar Ibrahim, is set to inaugurate the Global Islamic Finance Forum (GIFF) 2025 in Kuala Lumpur from 13 to 15 October. The...
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