Bankers are flooded with inquiries from investors in Hong Kong who are worried about long-term effects of the political crisis.
The bank cut about half its equities staff in Asia and plans to reduce the group by another 25% within a month.
Banks worldwide face increasing competition from technology firms that are getting into financial services.
Singapore Watching Property Prices After Steps to Cool Market
Singapore's MAS Talks to Facebook Over Libra
Billionaire's Scion Says ‘Why Not’ Let an Outsider Succeed Him at UBO
United Overseas Bank distances itself from the upcoming U.S-China Trade war
Singapore Central Banker Ravi Menon's Term Set to Be Extended
Singapore Studying Whether to Allow Digital-Only Banks
Virtual banks typically have lower operational costs than traditional lenders that rely on brick-and-mortar branch networks.
DBS First-Quarter Profit Beats Estimates as Lending Income Rises
Singapore is grabbing a sub-second opportunity to win a bigger slice of the world’s $5.1 trillion-a-day foreign exchange market.
Singapore's DBS Plans to Stop Financing Coal Power After 2021
Singapore's OCBC Seeking Partner for China Securities Business
OCBC Says Coal Plants It's Financing in Vietnam Will Be Its Last
UBS Tops Asia Private Banking League for Sixth Straight Year
Singapore Financial Regulator Sees No Impropriety by DBS in Hyflux Bond Sale
Nomura unveiled plans to cut $1 billion of costs at its struggling investment bank, firing dozens, pulling back from businesses.
Firm is cutting bulk of Singapore equity research, people say.
Three units of the U.S. investment bank face criminal charges relating to their role in raising $6.5 billion for 1MDB.
U.S. firm intends to comply with the new rules despite missing last year’s deadline to localize all its Indian data.