BANKS

Four licences to operate digital banks in Singapore have been awarded by the Monetary Authority of Singapore (MAS) today.

Mention a bank, and most people would picture an austere row of counters, manned by busy tellers running to and from the outlet’s backroom vault.

OCBC and start-up SOCASH have announced a partnership to provide the bank’s customers with additional cash withdrawal points, as well as to serve as the cash management and distribution solution to

A massive push by China’s biggest banks to boost capital amid the worst downturn in at least a decade faltered out of the gate.

Singapore’s financial regulator will step up efforts to urge banks to place more citizens in senior management roles, according to its chief.

The fortunes of big banks are often tied to a country’s GDP growth, so when Singapore’s growth fell off a cliff in 2QFY2020, it was not surprising that the three local banks reported double-digit y

The capital a bank holds is one of the metrics most closely watched by investors, ratings agencies and regulators in times of crisis like the Covid-19 pandemic.

Regardless the increase in operating profit for Oversea-Chinese Banking Corp (OCBC) or the resilient performance of United Overseas Bank’s (UOB) regional subsidiaries or the strength of DBS Group H

Going digital for many people is a matter of whipping out the mobile, logging into a banking app and making a transaction — be it transferring funds, paying bills, buying shares or ETFs, or checkin

PT Bank UOB Indonesia (UOB Indonesia) launched TMRW, United Overseas Bank’s digital-only bank on Aug 3. TMRW’s account opening process  takes just nine minutes.