Banks and financial institutions

JPMorgan doubles private bankers in Singapore team to over 50: Sources

JPMorgan Chase & Co. has been hiring from top competitors, which are all vying for more revenue from their wealth businesses in Asia.

Citibank Singapore to expand offerings for wealthy clients, tap AI as competition heats up

Yeo Wenxian, Head of Wealth for Asia South and CEO of Citibank Singapore, at the company’s office in Orchard on April 27.

Bank of Japan governor Ueda hospitalised, will miss June meeting

FILE PHOTO: Bank of Japan Governor Kazuo Ueda speaks during a press conference after a BOJ policy meeting in Tokyo, Japan, April 28, 2026. REUTERS/Kim Kyung-Hoon/File Photo

New credit reporting service may give S’pore consumers easier access to Malaysian financial products

Ms Dawn Lai, chief executive of Experian Information Services Malaysia and Mr William Lim, executive director of Credit Bureau Singapore signed the agreement to develop the credit reporting service between Singapore and Malaysia on June 9.

UBS said to cut Asia ESG staff by half in latest pullback by global banks

Global staffing within UBS' chief sustainability office has shrunk to about 35 employees from more than 100 in mid 2023, a source said.

Banks lay groundwork for mass workforce cuts as AI takes hold

Most bank executives are in agreement: Jobs will be cut as AI is implemented.

HSBC, AIA shares slump after report of Hong Kong bank account curbs

HSBC has warned that all funds deposited into investment accounts must comply with Hong Kong’s regulatory requirements.

Forum: Dropping mandatory financial advice should not compromise investor protection

Man takes hostages and threatens to bomb a bank in California

Two people were released after negotiators communicated with the hostage-taker by phone, police said.

Forum: Sole objective of removing PayNow nicknames is to address impersonation scams

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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.