BANKS AND FINANCIAL INSTITUTIONS

S'pore banks in China act to protect staff, customers

About 700 OCBC employees across China will eat packed lunches at their desks this week to minimise their chances of catching the coronavirus that has plagued the world's second-largest economy....

Younger and high-income customers keen on digital banks: Study

Younger customers and higher-income individuals are keen to open a digital bank account in Singapore, even as two in five of overall respondents indicated that they would consider doing so only...

Poll shows morale falling among HSBC staff as strategic review looms

LONDON • A survey of HSBC Holdings' 237,000 staff has highlighted falling morale as employees brace themselves for job cuts in a strategic review due later this month.

As nations bicker, a greener future evolves in finance industry

LONDON • Away from the toxic atmosphere at United Nations climate summit talks, in boardrooms, banks and trading houses, a transformation in green finance is under way.

A very Swiss execution: How Thiam got the boot at Credit Suisse

ZURICH • It took Credit Suisse Group's chairman 19 meetings to woo Mr Tidjane Thiam, and one board meeting to say goodbye.

Grab, Razer among firms eyeing digital bank licence in Malaysia

SINGAPORE/KUALA LUMPUR • Ride-hailing group Grab, gaming firm Razer, AirAsia, telecoms firm Axiata and lender CIMB are among companies looking to apply for digital banking licences in Malaysia,...

Protect Singaporeans against pitfalls of digital banking

When so much commercial interest is generated for Singapore's digital bank licences, it simply means there is vast potential for profit involved - with commensurate risk for the end consumer (...

Digital banks could mean lower costs for consumers

Singapore banks will likely ramp up their services as a result of the competition, say analysts.

Virtual banking disruption can be a major opportunity for Singapore winners

The much-anticipated arrival of virtual banking in Singapore is unlikely to be an "aha" moment for consumer finance, but corporate banking will be different. One should expect disruption.

Stiff competition for Grab, Razer and Jack Ma in Singapore digital bank bid

(BLOOMBERG) - The much-anticipated arrival of virtual banking in Singapore is unlikely to be an "aha" moment for consumer finance, but corporate banking will be different. One should expect...

iFast leads Chinese partners with bid for Singapore digital wholesale bank licence

SINGAPORE - Mainboard-listed fintech firm iFast Corporation leads a consortium with China's Yillion Group and Hande Group that has submitted in a bid for one of Singapore's maiden wholesale bank...