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Crisis management for S’pore banks, fund managers in Dubai as conflict sparks anxiety among clients

The Business Bay financial district of Dubai in the United Arab Emirates on March 4.
The Business Bay financial district of Dubai in the United Arab Emirates on March 4.

Amundi, KKR, Temasek unit among bidders for UOB Asset Management: Sources

UOB has been exploring options for its asset management arm, including a possible sale, as it seeks to streamline its portfolio, sources said.
UOB has been exploring options for its asset management arm, including a possible sale, as it seeks to streamline its portfolio, sources said.

US banking giant Morgan Stanley lays off 2,500 employees, source says

Morgan Stanley reported a banner year in 2025, with annual revenue hitting a record at the investment banking giant.
Morgan Stanley reported a banner year in 2025, with annual revenue hitting a record at the investment banking giant.

Maybank Singapore to give one-off payouts to more than 800 junior staff

Maybank Singapore employs more than 2,000 staff in the Republic. PHOTO: REUTERS
Maybank Singapore employs more than 2,000 staff in the Republic. PHOTO: REUTERS

DBS secures China bond underwriting licence

ST20260105_202694600983 Kua Chee Siong/ pixgeneric/ Generic pix of the DBS bank outlet at the Takashimaya Shopping Centre, on Jan 5, 2026.
ST20260105_202694600983 Kua Chee Siong/ pixgeneric/ Generic pix of the DBS bank outlet at the Takashimaya Shopping Centre, on Jan 5, 2026.

Singapore taps JPMorgan, UBS to push regional gold hub ambition: Sources

MAS held meetings with banks over recent months to assess Singapore's potential as a physical trading hub, sources said.
MAS held meetings with banks over recent months to assess Singapore's potential as a physical trading hub, sources said.

Asian banks’ billions in Gulf loans at risk amid Middle East turmoil

Abu Dhabi National Oil Company, the UAE’s biggest oil producer, has halted plans to market its first-ever yuan-denominated bond, which could have raised as much as 14 billion yuan (S$2.6 billion). 
Abu Dhabi National Oil Company, the UAE’s biggest oil producer, has halted plans to market its first-ever yuan-denominated bond, which could have raised as much as 14 billion yuan (S$2.6 billion). 

Swiss to wind down private bank MBaer that US accused of money laundering

The US Treasury had threatened to cut the Swiss private bank’s access to the US financial system for breaching sanctions against Iran, Russia and Venezuela.
The US Treasury had threatened to cut the Swiss private bank’s access to the US financial system for breaching sanctions against Iran, Russia and Venezuela.

HSBC profit beats forecasts with strong performance from wealth business

Since taking over as CEO in 2024, CEO  Georges Elhedery has led a radical restructuring of the bank, cutting thousands of jobs, selling some businesses, while merging and closing others.
Since taking over as CEO in 2024, CEO  Georges Elhedery has led a radical restructuring of the bank, cutting thousands of jobs, selling some businesses, while merging and closing others.

Private credit fund selling $604 million of assets at 94% value as industry worries continue

The private credit industry is reeling from worries about overspending on aAI, exposure to software investments threatened by AI and lending standards.
The private credit industry is reeling from worries about overspending on aAI, exposure to software investments threatened by AI and lending standards.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.