Singapore banks
OCBC to trim interest rate for flagship 360 Account from May 1
The first S$100,000 will earn 4.45% per annum, down from the current 5.45%, when the change kicks in
DBS’ Tan Su Shan flags second-order risks from Middle East conflict despite limited exposure
Automotives, shipping and small businesses in focus as the lender tracks knock-on effects from prolonged tensions
Safe-haven inflows lift deposits amid Middle East conflict, but risks remain: DBS
The bank is responding to queries ahead of its AGM on Mar 31
Former OCBC CEO Helen Wong’s FY2025 pay dips 6.3% to S$12 million in final year at bank
This is compared with the S$12.8 million she took home in FY2024
MAS launches AI risk toolkit for financial institutions with case studies from DBS, peers
Singapore’s central bank will also set up an artificial intelligence risk management workgroup
UOB CEO Wee Ee Cheong’s FY2025 pay down 20% at S$12 million, in line with profit drop
It is primarily made up of S$1.4 million in base salary and S$10.6 million in bonuses
DBS, OCBC, UOB could benefit as the Middle East’s ultra-rich relook where to park their billions
The three local lenders have all spent years expanding their private banking capabilities to capture a growth in global wealth flows
Singapore banks could see biggest losses on Indonesia loans among regional peers due to climate risks
The study conducted by NUS’s SGFIN, analyses data on the probability of default for carbon-intensive sectors
RHB bullish on DBS, OCBC, but expects more volatility in banking sector amid geopolitical tensions
For UOB, there could still be ‘lingering concerns’ over its asset quality and provision buffers
DBS CEO Tan Su Shan receives S$9.6 million pay package for 2025 in first year at helm
This compares with the S$17.6 million remuneration received by ex-CEO Piyush Gupta in 2024
