The Business Times
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Renald Yeo

Renald Yeo

JOURNALIST

Renald writes about banks for The Business Times. Before that, he tracked macroeconomic trends and SME struggles.

emailyrenald@sph.com.sg
Jason Moo, CEO of Bank of Singapore, says the lender is hiring "pretty aggressively" in 2026.

Bigger is better: Bank of Singapore doubles down on the ultra-wealthy – and the bankers chasing them

CEO Jason Moo says the lender is starting to see large amounts of flow enter the region

Denise Dresser, chief revenue officer at OpenAI, says Singapore has a "forward-leaning environment" and strong appetite for AI products.

OpenAI picks Singapore for first Applied AI Lab outside US in S$300 million push to tap ‘incredible talent here’

It will create 200 jobs and expand access to AI tools and expertise

Deputy Prime Minister Gan Kim Yong interacting with students at the event on May 19.

Undergrads to get hands-on AI finance training; sector to offer over 1,000 internships, traineeships

Young Talent Programme for AI in Finance is part of a broader push by MAS and IBF to expand talent pathways

Set up by Nichol Ng and her brother, FoodXervices traces its roots to 1934 with the business their grandfather started.

‘Whole deck of cards just toppled’: FoodXervices’ Nichol Ng on how a 92-year-old family business unravelled – and what’s next

The company tried various ways to stay afloat, but revival plans collapsed

Operating profit rises 31% in the quarter, while profit before tax surges 90%.

OCBC Hong Kong to lift wealth RM headcount by 30% as revenue heads for double-digit growth

The franchise aims to become a top-10 bank in the city by 2030

The trio reported combined net interest income of S$8.04 billion in Q1, breaching S$8 billion for the 14th straight quarter.

More upside ahead for DBS, OCBC, UOB as wealth fees power Q1 earnings

Their combined non-interest income rises to a record S$5.16 billion from S$4.78 billion the year before

Fees from wealth management and other non-interest income were a key bright spot for the local banks.

Wealth ambitions, AI threats and war risks: 4 takeaways from Singapore banks’ Q1 results

The Big Three banks DBS, OCBC and UOB all post earnings that beat street expectations

OCBC group CEO Tan Teck Long says the HSBC portfolio it is acquiring is "very clean" and largely made up of deposits and assets under management.

OCBC’s Indonesia deal a ‘perfect fit’ for Asean wealth ambitions, says CEO, as Q1 profit beats estimates

Lender’s earnings for period rise 5% to S$1.97 billion

Wee Ee Cheong, deputy chairman and CEO of UOB, sees "significant opportunities" in wealth management.

UOB aims to double wealth income to at least S$2.5 billion by 2030; Q1 profit slips 4%

CEO Wee Ee Cheong says the completion of its Citi integration gives the bank a ‘long runway’ for organic wealth growth across Asean

The Indonesia deal is "quite in line" with OCBC's updated strategy, unveiled by group chief executive Tan Teck Long in February, analysts say.

OCBC’s Indonesia deal boosts wealth push, may herald more M&A under new CEO Tan Teck Long: analysts

Industry watchers say the bank might look to high-growth Asean markets for more acquisitions

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