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BANKS including Singapore lenders DBS and OCBC have temporarily closed several branches or reduced their services available in Hong Kong and Macau, in light of the worsening novel coronavirus outbreak.

CITIBANK Singapore's head of retail banking Charles Wong has resigned after more than 20 years at the US bank.

SINGAPORE banks are likely to suffer weaker loan growth and more volatile earnings in light of the coronavirus outbreak, but are sufficiently equipped with "good capital buffers" to weather the immediate negative impact, S&P Global Ratings said in a press statement on Monday. 

CITIBANK Singapore's head of retail banking Charles Wong has resigned after more than 20 years at the US bank. 

SINCE last week, banks including OCBC, Standard Chartered and HSBC have temporarily closed several branches in Hong Kong and Macau, in light of the worsening Wuhan virus outbreak, The Business Times (BT) understands.

UNIONBANK of the Philippines on Monday said it has inked an agreement with the Singapore Management University (SMU) to offer a 12-week overseas talent development programme on banking and fintech.

UOB's group commercial banking unit and more than 800 of its clients raised more than S$1.8 million in total for local charities at the bank's annual Chinese New Year fundraiser.

HOUSING loans in Singapore shrank for the 12th straight month in December, leading to a fall in total consumer loans, preliminary Monetary Authority of Singapore (MAS) data showed on Friday.

IT can take up to three months for banks to retrieve and provide information required by law enforcement agencies for criminal investigations - and this is provided the information sought is straightforward and does not entail manual sieving of more than 13 months of data.

BANK lending in Singapore was flat in December from a month ago, according to preliminary data from the Monetary Authority of Singapore on Friday.