Financial Services
SC Ventures disrupts crypto finance with GSR stake
SC Ventures, the fintech innovation and investment arm of Standard Chartered, has announced a strategic investment in GSR, a crypto capital markets and liquidity partner....
OCBC absorbs HSBC’s wealth unit in Indonesia
OCBC has announced that its Indonesian subsidiary, PT Bank OCBC NISP Tbk, has entered into an agreement to acquire the retail banking and wealth management...
MAS deploys AI to combat financial crime
The Monetary Authority of Singapore (MAS) has announced a collaboration with the banking industry, the Government Technology Agency of Singapore, and the Singapore Police Force...
Ascend Asia absorbs three advisory firms
Ascend Asia Financial Services Group has announced the addition of three new member firms—Infinity Financial Advisory, SG Alliance, and PromiseLand Financial Advisory—expanding its network to...
MoneyHero slashes costs to hit profit milestone
MoneyHero Group, a leading personal finance platform co-headquartered in Singapore, announced its financial results for the fourth quarter and full year of 2025, marking a...
MAS tightens dual listing rules on SGX
The Monetary Authority of Singapore (MAS) has announced enhancements to its regulatory framework to facilitate dual listings on the Singapore Exchange (SGX). The changes, revealed...
DBS profit climbs despite rate pressures
DBS Group has reported a 1% increase in net profit for the first quarter of 2026, reaching S$2.93b. The bank's total income hit a new...
MetaComp launches commercial tokenised gold capabilities for institutional clients
MetaComp Group has announced the successful completion of a proof-of-concept for Tether Gold (XAUT), marking a significant step in its digital financial solutions. The initiative,...
CIMB defies rate cuts, achieves 11.3% ROE
CIMB Group Holdings Berhad has reported a successful first year for its Forward30 strategy, achieving an annualised return on equity (ROE) of 11.3% for the...
SME borrowing costs ease to 8.18% in 2025, Middle East conflict threatens loan gains
Singapore's small and medium-sized enterprises (SMEs) experienced a slight relief in borrowing costs in 2025, with average unsecured lending rates dropping to 8.18% from a...
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