Financial Services
Singapore’s rise as a global wealth centre
Singapore has emerged as a leading global wealth centre, attracting high-net-worth individuals (HNW) with its robust financial infrastructure and strategic advantages. According to the World's...
WorldFirst and OCBC boost SME digital trade in Southeast Asia
Ant International's WorldFirst has partnered with OCBC, Southeast Asia's second-largest financial services group, to simplify cross-border trade for 1.2 million small and medium-sized enterprises (SMEs)....
XTransfer and OCBC ink strategic cooperation agreement
XTransfer, a leading B2B cross-border trade payment platform, and OCBC, Southeast Asia's second-largest financial services group, have signed a strategic cooperation agreement in Shanghai. The...
Lighthouse Canton secures US$40m for growth
Lighthouse Canton, a global investment institution based in Singapore, has announced a US$40m strategic funding round led by Peak XV Partners, with participation from Nextinfinity...
Standard Chartered invests $6m to boost youth employability
Standard Chartered Foundation has announced a $6m investment aimed at enhancing youth employability in Singapore and the ASEAN region. This initiative, revealed at a recent...
DBS adopts Multifonds for fund management efficiency
DBS, the largest bank in Southeast Asia by assets, has successfully implemented the Multifonds Fund Accounting Platform in Singapore, Hong Kong SAR, and Indonesia. This...
DBS achieves record Q3 profit before tax
DBS Group has reported a record profit before tax of S$3.48b for the third quarter of 2025, marking a 1% increase from the previous year....
Ascend Asia unveils new credit investment strategy
Ascend Asia Asset Management, the asset management division of Ascend Asia Financial Services Group, has launched a new credit-focused investment strategy aimed at accredited investors....
UOB reports S$1.9b operating profit in Q3 2025
UOB Group has announced an operating profit of S$1.9b for the third quarter of 2025, driven by robust franchise growth across loans, deposits, and wealth...
AICB hosts global leaders to combat financial crime
The Asian Institute of Chartered Bankers (AICB) has gathered over 50 global experts and more than 1,200 banking professionals at the 15th International Conference on...
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