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Myanmar military threatens jail for buyers of bonds issued by opposition

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Brokers’ take: UOBKH upgrades Maybank to ‘buy’ on faster-than-expected recovery in provisions

UOB Kay Hian (UOBKH) has upgraded its call on Malayan Banking (Maybank) to "buy" from "hold" with a higher target price of RM9.20 from RM8.70, a day after the largest banking group in Malaysia posted a higher-than-expected net profit for its third quarter ended Sep 30, 2021.

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More than half of financial disputes filed in Singapore were against banks, finance companies

MORE than half the claims filed with the Financial Industry Disputes Resolution Centre (FIDReC) for the financial year ended June 30, 2021 were against banks and finance companies.

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StanChart CEO finds room for bank to disrupt itself

NEITHER too big nor too small - that's a good size to be when seizing the digital economy.

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Cyberattack not the cause of DBS digital-banking outage; services available again, says bank

AFTER a two-day outage, digital banking services at Singapore's largest lender DBS resumed on Thursday morning (Nov 25).

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MAS says DBS service outage is ‘serious’; analysts expect bank to be fined for ‘broad and material’ impact

THE Monetary Authority of Singapore (MAS) has called the 2-day service disruption at DBS a "serious" one and expects the bank to conduct a thorough investigation to identify the root causes.

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DBS expected to be fined for ‘broad and material’ impact of digital services outage: analysts

SINGAPORE'S largest lender is expected to receive a serious reprimand and a fine from the regulator for its ongoing tech outage that has caused broad and material impact, say analysts.

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DBS digital services outage ‘unacceptable’, expected to be fined for ‘broad and material’ impact: analysts

SINGAPORE'S largest lender is expected to receive a serious reprimand and a fine from the regulator for its ongoing tech outage that has caused broad and material impact, say analysts.

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MAS says DBS digital services outage is ‘serious’; analysts expect bank to be fined for ‘broad and material’ impact

THE Monetary Authority of Singapore (MAS) has called the ongoing service disruption at DBS a "serious" one and expects the bank to conduct a thorough investigation to identify the root causes.

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UBS CEO brings tech iteration to world of wealth management

UBS group CEO Ralph Hamers is no stranger to the merits of technology - after all, he had last led Dutch bank ING Group to its fame as a top digital-led lender in Europe during his tenure as CEO.

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