DIGITAL BANKS in the Philippines remained in the red in 2024 and will likely continue to post losses in the near term as they struggle to expand the reach of their credit products, a central bank ...

A recent Bloomberg Intelligence report estimated that banks worldwide could cut up to 200,000 jobs in the next three to five years due to AI advancements.

IMDA's new guidelines seek to build up the resilience of cloud services and data centres that are key to Singapore's digital ...

RBC Capital analyst Benjamin Toms maintained a Hold rating on HSBC Holdings (HSBA – Research Report) today and set a price target of £9.25. The ...

As part of its earnings report, OCBC revealed that it will return 2.5 billion Singapore dollars to shareholders over two ...

OCBC's balance sheet is strong and getting stronger as profitability increases. All of the bank's capital metrics are significantly above the regulatory minimums set by the Monetary Authority of ...

The U.S. dollar pulled off an 11-week low versus major peers on Wednesday, helped by a rebound in short-term Treasury yields ...

Singapores second-largest bank, Oversea-Chinese Banking Corp (OCBC), announced a S$2.5 billion ($1.87 billion) capital return ...

Singapore's second-largest bank, Oversea-Chinese Banking Corp , on Wednesday joined rivals in declaring multi-billion capital ...

Piyush Gupta, the outgoing CEO of DBS, noted that the bank plans to create around 1,000 new jobs in the AI-focused sector ...

New advisory guidelines to enhance resilience and security of cloud services and datacentres in Singapore amid potential ...

Singapore's largest bank, DBS, plans to reduce temporary roles over three years while creating 1,000 new AI positions as it ...