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AS THE drums sound louder on the landing of virtual banks in Singapore, analysts are warning that incumbents need to squeeze more from their digital pursuits to fend off the attack by large fintechs.

WITHIN a span of just two years, Singapore saw a near-threefold increase in its use of fintech products and services, according to research by global professional services firm EY.

HSBC Private Banking has closed its Vision Private Equity 2019 fund (Vision 2019), raising over US$250 million globally, with nearly half of the capital from clients in Asia.

HIGH-NET-WORTH (HNW) investors in Asia have increased their allocation in sustainable investments to almost a fifth (19 per cent) of their portfolios, with China leading the way, according to a review by Standard Chartered Private Bank.

SINGAPORE bank stocks are starting to look more attractive at current levels while its Reits are beginning to look overpriced, said UBS Global Wealth Management in its July CIO Investing in Asia Pacific monthly report.

CORPORATE and institutional customers in Asia are highly satisfied with the banking products and services provided by Singapore’s DBS Bank, United Overseas Bank (UOB) and OCBC Bank, according to a twice-yearly survey by specialist research and consulting firm East & Partners Asia.

CORPORATE and institutional customers in Asia are highly satisfied with the banking products and services provided by Singapore’s DBS Bank, United Overseas Bank (UOB) and OCBC Bank, according to a twice-yearly survey by specialist research and consulting firm East & Partners Asia.

THE financial world has resolutely embarked on a series of actions directed towards sustainable investment, involving banking, insurance and asset management, collectively called "the financial sector".

UOB Kay Hian, the largest securities brokerage in Singapore, has emerged as a keen suitor for the 150-odd remisiers and retail equity trading representatives at DBS Vickers, the broking arm of Singapore government-linked DBS Bank.

FOR the last century, new communications technologies - radio, television, VCRs, the Internet - have all been initially sold as something that will help with education, and have actually been used for entertainment. We suggest a corollary for new financial technology - it's initially sold as something...