Challenges at home prompt DBS, OCBC and UOB to seek growth elsewhere in Southeast Asia

Singapore’s biggest bank has docked Piyush Gupta’s pay 30%, or S$4.1 million, after payment and ATM transactions stalled across the city-state last year

Net profit for Singapore’s second-largest lender came in at $1.07 billion for the three months through June, beating estimates as it benefited from rising interest rates

ANEXT Bank will soon launch its first product that will allow nonlocal operating firms to remotely open a deposit account

DBS and OCBC each jump more than 3%, while UOB falls by the same amount at the market’s open

Southeast Asia’s largest lender posted on Monday a better-than-expected increase in fourth-quarter earnings of over $1 billion from higher loan growth and fee income

DBS to take a 13% stake in Shenzhen Rural Commercial Bank, giving it a greater presence in China’s Greater Bay Area

The tentative recovery could be a bad omen for any bondholders still counting on a government bailout to make them whole

Banks are moving forward in their transition as lenders and borrowers must stop using Singapore dollar swap offer rate, computed using Libor, after Friday

China vows to respond after Australia canceled two Belt and Road Initiative deals. Singapore’s biggest bank bets big on the Greater Bay Area

Purchase of 13% stake in Shenzhen Rural Commercial Bank for $814 million reflects strategy of expanding the bank’s China footprint

The crypto exchange is expected to start as early as next week, while the securities platform will be set up in the next few months

City-state’s central bank says it will let Chinese financial services giant serve local corporate clients

Chennai-based LVB has been struggling with financial decline and red ink for the past three years

Move taken after employee at Marina Bay Financial Centre is confirmed to have the coronavirus

UBS and DBS see gains for companies in finance, infrastructure, real estate reflecting supportive government policies

Singapore bank moves to set up securities venture in China under relaxed rules, joining other institutions including JPMorgan and UBS

Addressing needs of 230 million senior citizens not easy in land where demand for elder care services far outstrips supply