Financial Services

Organised fraud forces banks and insurers to pool intelligence

AI alone won't stop it, OCBC warns as criminal networks grow in scale.

AI without guardrails is a losing bet, bank leaders warn

Executives said leadership and governance will determine who captures AI's full potential.

UOB-CQT pact explores quantum tools for derivative valuation

The initial phase will focus on path-dependent instruments.

HSBC and IHH tie wealth banking to health as longevity demand rises

Clients risk spending later years with chronic disease, making healthspan the true measure of retirement readiness.

UOB sets up tech committee to oversee digital strategy

The panel will guide digital strategy and oversee technology risk and operational resiliency.

Singapore merchants face up to US$1.2b losses from payment failures

Failed transactions and settlement delays expose hidden e-commerce losses for cross-border sellers.

Singapore equities attract retail and fund flows as EQDP widens

Nine asset managers are in the S$6.5b EQDP with funds undeployed and more small-cap capital expected in H2 2026.

MAS adds crypto exchange Bybit to Investor Alert List

The company said it does not offer services to users in Singapore. 

MAS tightens M&A rules with 1% cap on target break fees

Bidders issuing “no increase” or “no extension” statements face new restrictions. 

Singapore's revised framework for Single Family Offices goes live

Existing SFOs in Singapore have a one-year transitional period to comply.

Bank of Singapore moves Lim to Dubai for UHNW push

Lim takes over Middle East South Asia and International markets on 1 July 2026.

Singapore banks see uneven exposure, with DBS most affected

DBS derives 7.4% of income from Indonesia and India operations.

BofA expands payment push as clients shift liquidity

Treasury functions move closer to board-level decisions.

EFGH names new executives ahead of NYSE listing

The roles cover CEO office execution, M&A strategy, and organisational readiness functions.

Singapore leads APAC financial services talent ranking

Colliers said Singapore ranked first in the region, ahead of Beijing, Shanghai, Hong Kong, and Tokyo.

Credit Bureau Singapore, Experian Malaysia sign credit reporting MoU

The partnership will support consented cross-border credit report applications between Singapore and Malaysia.