Banking
How banks handle interest rate swings may soon be clearer to investors
Newly proposed rules by International Accounting Standards Board centre on new Risk Mitigation Accounting model
Why AI is now embedded ‘in almost everything we do’: OCBC’s Praveen Raina
The bank is investing in talent and expanding research partnerships with universities
Julius Baer books S$242.2 million loss provision on property loans
It is asking for patience from investors as a buyback plan remains on hold
Banks get US$2.6 trillion from deregulation, Jefferies says
[NEW YORK] Looser regulation for US banks is expected to unlock some US$2.6 trillion in lending capacity for large financial institutions, according to Jefferies analysts, cementing the richer valuati...
Where couture meets capital: How celebrating excellence in craft connects fashion and finance
Making its Asian debut in Singapore, UBS House of Craft x Dior honours Dior’s couture legacy while reflecting UBS’s belief that banking is similarly shaped by precision and passion
Journey to net zero: How transition finance can power Asia’s green transformation
From backing breakthrough low-carbon tech to retiring coal plants, Maybank says financing the move away from traditional energy sources is crucial for the region’s climate goals
New horizons for banking: Intelligent, inclusive, interconnected
Banks that move thoughtfully to harness this potential will lead the way; those that hesitate risk being left behind
UOB’s S$885 million allowance build-up ‘prudent’ despite Q3 profit hit: analysts
In general, analysts do not read the provisioning as a red flag for the bank
UOB’s nearly S$1 billion in extra allowances akin to ‘buying insurance’: CEO Wee Ee Cheong
As a result of the higher allowances, net profit falls 72% to S$443 million
S$1 billion jump in allowances slash UOB Q3 profit to S$443 million
Move made ‘amid evolving macroeconomic conditions’; operating results down 16% at S$1.8 billion
