Banks and financial institutions

Forum: 16-year-olds should not be able to open multiple bank accounts

Market Insights

DBS, OCBC shares rally to new highs as Q3 earnings beat forecasts; UOB declines

DBS on Nov 6 posted a better-than-expected profit of $2.95 billion for the July-September quarter, sending its shares to a record high of $55.59.

UOB third-quarter profit tumbles 72% as bank hikes allowances by $1 billion

UOB noted that its dividend payment would not be affected by the pre-emptive general allowance.

DBS shares rally to new high of $55.54 as Q3 earnings beat expectations

DBS' third-quarter net profit was down from a year ago but beat the $2.79 billion forecast by analysts in a Bloomberg poll.

Phishing for trouble: The returning physical bank token is no silver bullet

Physical tokens in the early 2000s made way for digital tokens embedded in mobile banking apps in 2017.

Singapore banks can weather severe shocks with strong capital buffers: MAS

Banks in Singapore have adequate capital buffers to withstand severe shocks,, the Monetary Authority of Singapore says.

Global financial stability risks elevated despite economic resilience: MAS

Corporates, households and banks in Singapore have remained resilient over the past year despite a challenging trade and geopolitical backdrop, the Monetary Authority of Singapore says.

Hong Kong freezes $463 million of assets tied to Cambodia scam syndicate Prince Group

The Prince Group is accused of operating large-scale online “scam centres” that used trafficked workers to defraud victims.

UBS chairman warns Switzerland losing its edge to Hong Kong and Singapore

UBS chairman Colm Kelleher's comments come as Hong Kong and Singapore become even more important hubs for international wealth managers seeking to boost revenue.

Forum: Banks’ anti-fraud departments should do a better job and not hold up genuine transfers

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