Banking

Safe-haven flows, no Q1 Fed cut support positive earnings outlook for DBS, OCBC, UOB: analysts

All 3 lenders have little to no exposure to private credit risks, management teams say

The three banks have not said whether temporary or permanent staff were more affected by the headcount reductions.

DBS, OCBC, UOB shed nearly 3,000 jobs in 2025 amid restructuring, productivity push

Combined, the three lenders employed 104,266 people at end-2025, down 2.6% from the year before

The index is compiled from transactional data of more than 100,000 OCBC SME customers in Singapore, each with annual revenue of up to S$30 million.

Singapore SMEs extend growth streak in Q1, but Middle East war clouds outlook: OCBC

Growth for the quarter is broad-based, supported by SMEs in domestic-facing and outward-oriented industries

DBS ranks second globally for 10-year TSR among the world’s top 100 listed banks by assets from end-2015 to end-2025, trailing only Morgan Stanley.

Singapore banks rival JPMorgan, Goldman Sachs in long-term shareholder returns

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

Lam Chee Kin, managing director and head of legal and compliance at DBS, says Alpha is a "very, very active" programme to transition employees into a multidisciplinary workforce.

DBS deploys AI-driven ‘Alpha’ squads to blend legal, compliance, risk roles

Against a backdrop of global bank layoffs, the lender is focusing on reskilling and multidisciplinary teams

Anthropic sees its new AI model Mythos as too dangerous to release widely.

Singapore urges banks to fix security gaps amid concerns over Anthropic’s Mythos AI

Anthropic held back a wider release after finding the model was capable of discovering security holes that have gone undetected for years

The acquisition of Citigroup's retail banking businesses in Indonesia, Malaysia, Thailand and Vietnam has helped double UOB’s customer base across the four markets.

UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates

The lender also flags minimal private credit exposure, and says its balance sheet can absorb Middle East shocks

Shares of the bank rose as much as 3.1 per cent on Wednesday, sending the counter to a peak of S$22.65 in the first few minutes of trading.

OCBC breaches S$100 billion market cap as shares hit record high

DBS is the only other Singapore stock in the exclusive club

Total spending on CBA cards held up in nominal terms in the week ending March 27, in part due to higher fuel expenditure, the bank said in a research note.

Australia spending holds up as war drives oil spike, CBA says

The figures show Australia’s economy was on a strong footing before the central bank began raising interest rates