Financial Services
VP Bank Singapore branch names new chief risk officer
VP Bank Ltd Singapore Branch has announced the appointment of Vincent Koo as its new Chief Risk Officer, effective 24 August 2026. Koo will oversee...
ETF adoption lags despite rising interest in Singapore
BlackRock has unveiled its inaugural Singapore ETF Insights Report, revealing a significant gap between current ETF adoption and future investment intentions among Singaporeans. The report,...
DBS deploys AI, cuts bankers’ workload
DBS has launched an innovative agentic AI solution aimed at transforming the preparation of complex credit assessments for corporate clients. This tool, now available to...
Court freezes S$75m in crypto amid platform dispute
The Singapore International Commercial Court has ordered a freeze on approximately S$75m worth of Bitcoin and USD Coin following a dispute involving a major cryptocurrency...
MAS introduces measures to strengthen Singapore’s competitiveness as an asset management hub
The Monetary Authority of Singapore (MAS) has announced a series of measures designed to bolster Singapore's position as a leading asset management hub. These initiatives,...
Timah Partners tackles SME crisis with S$60m umbrella debt facility
Timah Partners, a Singapore-based permanent capital firm, has announced the acquisition of a S$60m umbrella debt facility aimed at facilitating SME acquisitions in Singapore. This...
UOB appoints Tan to drive ASEAN-China growth
United Overseas Bank (UOB) has appointed Tan Choon Hin as its Head of ASEAN and Greater China, effective 1 September 2026. In this newly created...
Singapore’s wealthy embrace “portfolio lives” but succession planning remains a blind spot, study shows
High-net-worth individuals (HNWIs) in Singapore are redefining retirement by adopting "portfolio lives," according to a new study by Manulife and FT Longitude. The report, titled...
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)...
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...
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