Banking

‘Even a CEO’s job can be replaced by AI’: DBS CEO Tan Su Shan bets big on agentic AI

Amid worries of AI leading to jobless growth, DBS is committed to supporting younger talent

Santhosh Mahendiran believes that Techcombank's ability to hyper-personalise its offerings using data drawn from its ecosystem is a key competitive advantage.
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The Singaporean turning Vietnam's Techcombank into an AI-first lender

The private bank’s first-ever chief data officer bets on cross-ecosystem data sets, proprietary AI models

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

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 central bank says the proof-of-value exercise will lay the groundwork for deeper industry collaboration.

MAS partners banking industry to tap AI, machine learning to combat financial crime

It will use these techniques to enhance scam-detection capabilities

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