Singapore

Income growth and lower allowances were offset by one-off integration costs.

Wong will become an advisor for the digital bank.

But their Q2 profits are likely to be lower compared to Q1, analysts said.

Tan will continue on her role of Maybank’s head of wealth mgmt for Singapore.

RVP failed to submit financial returns for 3 years, according to MAS.

He will serve until 31 May 2027.

Banks must become the main choice of the customer, an analyst said.

E-wallets will become Singaporeans’ payment method of choice.

Eddie Khoo to retire; Lawrence Goh is new head of GTO.

UOB’s international parcel deliveries will now use sustainable aviation fuel.

Customers can invest for a minimum of $1,000 and a 0.6% annual management fee.

HSBC launched a business guide and will offer net zero transition solutions.

UOB excels in AI, Digital Transformation, and Health & Wellness, showcasing its leadership in innovation and its dedication to comprehensive employee well-being.

Major banks reported little to no impact to customers and key operations.

The bankers hail from UBS, HSBC, Credit Suisse, and Deutsche Bank.

CSO assistant is expected to benefit its over 500 CSO staff in Singapore.