Singapore banks

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 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

In 2025, Vietnam’s economy grew 8%, its second-fastest pace in 15 years. It is targeting economic growth of 10% this year.
INSIDE ASEAN

No longer just an outpost: Vietnam’s rise opens new front for DBS, OCBC, UOB

The financing needs of businesses there have grown as they integrate into Asian trade and capital flows

“Deposit growth should be at the high (to) higher single-digit range,” says DBS CEO Tan Su Shan.

DBS CEO Tan Su Shan strikes upbeat tone on deposits, wealth growth after strong Q1

The lender declares a dividend of S$0.81 per share, up from S$0.75 the year before

DBS is expected to kick off the earnings season on Apr 30, with UOB due to report on May 7 and OCBC on May 8.

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

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