Renald Yeo

DBS, OCBC and UOB have beaten global benchmarks and some of the biggest US lenders over the past 20 years

It also plans to treble its client adviser ranks to about 60, as the Singapore lender seeks to capture rising wealth flows between China and Asean

The Ministry of Trade and Industry will also be renamed the Ministry of Energy, Trade and Industry

Demand is rising for technology, investment and compliance talent, alongside relationship managers that support client-facing teams

The business chamber and Indonesia’s Kadin sign 2-year agreement to help companies trade more easily across borders

Singapore wants to partner Indonesia to unlock ‘tremendous potential’ of renewable energy

Ministers from the two neighbours pledge to keep markets open, maintain unimpeded trade flows, and strengthen regional supply chains

The meeting will ‘explore pathways to strengthen collaboration in areas of mutual interest and benefit’

It gives investors exposure to a corporate loan portfolio, while freeing up regulatory capital for the lender

A hawkish Fed could be good news for DBS, OCBC and UOB, even as benefits may not be equal across the sector