Singapore banks
Grab-Singtel’s GXS bank cuts about 10% of workforce as it moves on from early-stage operations
Loss of 82 jobs part of the group’s transition from building a bank to running the operations: CEO Lai Pei-Si
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
Regulators, industry groups may need to fill gap left by closure of climate banking alliance, say observers
In the absence of separate scrutiny, the onus also falls on banks themselves to be transparent
UOB outlook lags that of DBS, OCBC amid spotlight on asset quality in Q3
Analysts remain positive on DBS and OCBC given resilient results supported by strong non-interest income
UOB could be Singapore’s top ‘value-up’ play
DBS likely to outperform despite its seemingly high valuations, while OCBC may come to be viewed as the main value play among the 3 Singapore banks
Markets rise through shutdown fog but will it last?
Is AI all hype or the next big breakthrough? Howie Lim and Providend's Cheng Chye Hsern cut through the noise on AI’s future, the US government shutdown, and local bank earnings.
Impact of tariffs, trade restrictions not fully played out, but no systemic risk yet: OCBC
The bank has been able to navigate the uncertainty ‘quite well’, and still sees growth in sectors such as digital infrastructure: deputy CEO
OCBC shares hit record high after Q3 earnings beat expectations; ends 3.4% higher
The stock hit an all-time high of S$17.94 on Friday, before paring some gains
OCBC Q3 profit flat at S$1.98 billion, beats expectations
Net interest income down 9% at S$2.23 billion
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
