Financial Services

MAS tightens rules for financial roadshows and public marketing

MAS tightens rules for financial roadshows and public marketing

Financial institutions must limit public prospecting to designated commercial areas.
3 days ago

Big 3 banks’ stock prices drop up to 10% on bond yield concerns

There is a growing sense that the sector may be overvalued, a Julius Baer analyst said.
3 days ago

MAS updates safeguards for AI agent-driven financial transactions

The framework covers authorisation, transaction checks, and accountability.
3 days ago

Temasek's Seviora to integrate three asset management firms by 2027

The combined business is expected to operate under the group’s name.
4 days ago

Borrowing rate stays low at 1.2% despite higher US yields: MAS

The three-month compounded SORA remained below its 10-year average of 1.5%.

Fintech wins 4 in 5 firms but only 30% make full bank switch

Nearly a third flag disruption risk; 27% say their current bank is good enough.

IFS Capital signs $79m loan securitisation to fund MSME lending

The loans are backed by Singapore real estate and sold to a special purpose vehicle.

Bank margins seen rising as borrowing rate hits 1.4% by year-end

The three-month compounded SORA grew to 1.22% in the third quarter. 

Over eight in 10 trust AI to compare loans but hesitate on applications

About 77% are more comfortable using AI linked to a trusted financial institution.

Over half of SMEs use fintech accounts for business needs: Mastercard

About 48% with multiple accounts use them to manage cash flow.

Loan growth hits fastest pace since 2014 as credit cycle matures

Corporate loans grew 13.4% whilst consumer loans grew 10.4%.

Singapore AUM rises $6.7t despite China tax changes

Key banks report limited impact so far as clients assess China’s new tax measures.

Family offices channel over $30m overseas under philanthropy tax scheme

There are currently eight approved recipients of tax incentives under the PTIS.

Finmo lifts office capacity by 50% with new Suntec City HQ

The hub will support hiring across product, AI, and strategy.

Wealth inflows lift 2026 outlook for financial sector earnings

However, wealth management growth may ease in H2. 

Hong Kong pulls ahead of digital wallet shift; Singapore close behind

Wallets accounted for 41% of e-commerce value in the city. 

Tax revenue rises 9.4% to $97.3b on stronger economic activity

Collections accounted for 74.8% of the government’s operating revenue.