BANKS

BANKS

China's biggest bank misses US$4.4 billion capital accumulation target

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.

BANKS

Singapore regulator to push for more locals in senior bank roles

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

BANKS

Banks braced for worst GDP decline; cloudy outlook could clear in 2021

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

BANKS

Why OCBC's scrip dividend leads to a virtuous circle despite regulatory cut

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.

BANKS

Large amounts of general provisioning

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

BANKS

Going digital: Data mining for banks of the future

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

BANKS

UOB launches TMRW in Indonesia

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.

BANKS

DBS and GovTech to pilot SingPass Face Verification technology for digital banking sign-ups via a process akin to taking a selfie

DBS has partnered with the Government Technology Agency of Singapore (GovTech) to launch Govtech’s SingPass Face Verification Technology through digital banking on Wednesday (July 29).

BANKS

UOB ties up with Getz to set up online store fronts

SINGAPORE (July 17): On July 16, United Overseas Bank (UOB) announced it is collaborating with Getz, an end-to-end food and beverage (F&B) digital solution provider, to help F&B businesses

BANKS

Changing needs and Covid-19 driving banks to raise their game

SINGAPORE (June 19): It has been more than 20 years since Singapore liberalised its financial sector.

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