Banks and financial institutions

Japan police to share scam account data nationwide to prevent damage

Japan’s National Police Agency has signed agreements on Nov 5 with such major banks as Sumitomo Mitsui Banking.

Visa setting up 6 hubs for emerging tech at new centre in Singapore

Visa’s new hubs will build capabilities in agentic artificial intelligence, next-generation payments and trusted commerce.

Citi employee killed in shooting at Florida office; suspect dead

A sheriff said 365 deputies had responded to the incident and that he believed it was a targeted one.

DBS chairman Peter Seah to hand reins over to Anthony Lim; bank’s Q3 net profit slips 5% to $2.8b

(From left) DBS board member Anthony Lim with chairman Peter Seah and chief executive Tan Su Shan at the bank’s financial results briefing on Nov 5. Seah will retire at the end of 2026 and Lim will take over from Jan 1.

UOB’s Q3 net profit jumps 182% to $1.25b but misses estimates; shares fall over 5%

UOB is the first bank to report its third quarter earnings on Nov 4, after all three banks saw shares fall on Nov 2.

CEO Insights

Singapore’s rise as a wealth hub mirrors Asia’s changing fortunes: Julius Baer Asia head

Singapore’s cross-border wealth is expected to grow at a compound annual rate of 9 per cent between 2025 and 2030, from about US$2.1 trillion to US$3.3 trillion.

Singapore banks fall ahead of earnings release; OCBC leads bank losses as STI slides 1.4%

The slide comes ahead of the banks’ upcoming third quarter earnings announcements in early November.

China’s big banks post fastest quarterly profit growth in years as margins stabilise

Profit growth was driven partly by the repricing of higher-cost deposits that began at the start of the year.

Common scam hooks turned into calligraphy at Maybank exhibition

Tabby The Tiger, a Maybank mascot, appreciating The Most Expensive Words, a special art exhibition held at Nanyang Academy of Fine Arts Centre for Lifelong Education.

CEO Insights

You don’t need to be a natural salesperson to be a banker: Bank of Singapore CEO

Not all bankers may be natural salespeople, said Bank of Singapore CEO Jason Moo.

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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.