Banks and financial institutions

Citigroup to lay off more employees in March: Sources

The new wave of layoffs is expected to be announced after bonuses are paid, said the sources.

‘Buck looking for bucks’: Deer rescued from US bank after triggering robbery alarm

After a pursuit that is more Bambi on ice than The Deer Hunter, the police officers eventually subdued the buck.

OCBC and UOB shares hit new highs, DBS trades below $59

Just weeks ago, UOB had been lagging behind its larger peers DBS and OCBC, which had rallied to record highs.

Ex-Goldman banker seeks pardon in 1MDB fraud case

Tim Leissner pleaded guilty in 2018 to engaging in a scheme to embezzle US$4.5 billion (S$5.76 billion) from Malaysian fund 1MDB.

JPMorgan boosts CEO Jamie Dimon’s pay 10% to $55 million for 2025

Mr Dimon, 69, runs the biggest US bank, which notched its eighth consecutive year of record revenue, and is also one of the longest tenured CEOs atop Wall Street.

Trump sues JPMorgan, CEO Jamie Dimon for $6.4 billion over alleged debanking

The lawsuit accuses the largest US bank of debanking Mr Trump (left) by closing several of his accounts to further a political agenda.

Commentary

Stablecoins open the way for intelligent payments in Singapore

Singapore now has more than 130,000 merchants that accept payments from international wallets through the Alipay+ and GrabPay networks.

SpaceX lines up four Wall Street banks for potential IPO, FT reports

FILE PHOTO: SpaceX's Starship lifts off during its fifth flight test, in Boca Chica, Texas, U.S., October 13, 2024. REUTERS/Kaylee Greenlee Beal/File Photo

Booking of CNY hongbao notes to start on Jan 27

A customer showing the new notes he withdrew at a pop-up POSB ATM outside Clementi Community Centre on Jan 14, 2025. There were 101 people in the queues as of 11am. More than 125 machines began dispensing crisp banknotes – both new and used – to be stuffed in red packets for Chinese New Year (CNY), which begins on Jan 29.

White House weighs executive action to cap credit card rates

The plan is designed to lower interest rates on credit cards as part of a broader push to reduce costs for Americans.

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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.