Marina Bay Sands Said to Seek Up to S$10 Billion Loan for Growth
Marina Bay Sands Pte plans to tap banks for a loan of as much as S$10 billion ($7.5
2023-11-30 12:23
Singapore Banks Tighten Scrutiny of Chinese With Other Passports
Singapore banks are increasing scrutiny of some Chinese-born clients with other citizenships, following last month’s crackdown on money
2023-09-21 11:18
Singapore Laundering Case Exposes Gaps in Illicit Money Defenses
A Singapore money laundering probe involving more than S$1 billion ($740 million) is shining a light on fund
2023-09-05 08:48
MUFG Brokerage JV Sued in Japan Over Credit Suisse AT1 Sales
Japanese investors sued Mitsubishi UFJ Financial Group Inc.’s joint venture brokerage with Morgan Stanley, showing that the fallout
2023-09-01 08:45
DBS Sees Higher Margin After Quarterly Profit Tops Estimates
DBS Group Holdings Ltd., Southeast Asia’s largest bank, signaled improving margins in the second half of this year
2023-08-03 08:51
Economists Downgrade Hong Kong Growth Forecasts After GDP Miss
Economists are downgrading their forecasts for Hong Kong’s economic growth this year following worse-than-expected data for the second
2023-08-01 11:46
MUFG Says Credit Suisse Debt Sales Handled ‘Mostly Properly’
Mitsubishi UFJ Financial Group Inc.’s brokerage venture said it handled sales of Credit Suisse’s riskiest debt properly for
2023-08-01 09:53
Singapore Bank UOB’s Profit Tops Estimates on Lending Income
United Overseas Bank Ltd. second-quarter profit beat estimates, buoyed by rising lending income. Net income, excluding one-off expenses,
2023-07-27 07:24
Taylor Swift’s Singapore Concert Frenzy Propels UOB Card Signups
Taylor Swift fans across Asia have flocked to sign up for United Overseas Bank Ltd.’s cards as the
2023-07-04 09:24
Singapore’s Star Banker Creates a Succession Dilemma for DBS
For more than 13 years, Piyush Gupta has led one of Singapore’s most iconic institutions, the bank that
2023-07-03 08:49
Singapore Banks Are So Flush With Deposits That DBS Is Loaning MAS S$30 Billion
Singapore banks are flushed with deposits with few options to deploy them amid a tepid lending environment. The
2023-06-07 09:54