Singapore banks

Singapore banks may need to address indirect exposure to captive coal in their financing policies

Although such disclosures are not required by regulations, they do contribute to their ESG ratings

The market anxiety stems from fears that China's tighter framework could restrict North Asian wealth management pipelines.

Singapore banks’ rout on new China scrutiny of wealth flows ‘overblown’: Maybank

The slides in DBS, OCBC, UOB shares offer buying opportunities, says the brokerage

Assets under management of physical gold holdings in DBS wealth clients’ portfolios more than doubled over the past three years.

DBS to launch tokenised physical gold for retail customers in Singapore

It is also exploring plans to list the token on the DBS Digital Exchange

DBS and OCBC are each up 2.9%, while UOB has advanced 2.1%.
HOT STOCK

DBS, OCBC close at fresh highs as Singapore banks lead STI gains

Citing wealth momentum as a tailwind, RHB lifts its rating on the Republic’s lenders to ‘overweight’

StanChart did not provide a comment on how many of the roles may be cut from its Singapore office.

StanChart Singapore to hire more wealth bankers amid plans to cut over 7,000 jobs globally

It will cut more than 15% of its global corporate function headcount; the impact on Singapore roles is still unclear

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