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S’pore mortgage rates rise following Fed hike: What home owners should look out for

At least four fixed-rate mortgages for a $500,000 loan on new private properties and HDB flats have crossed the 2% mark.

HSBC scraps $32,000 members club perk for Hong Kong bankers

HSBC has stopped covering 95 per cent of the school fees of children of new hires and senior staff relocating to Hong Kong.

HSBC cuts back $48,800-per-kid school perk for some Hong Kong bankers

Hundreds of employees have drawn on the perk which costs tens of millions of dollars annually.

DBS faces $1.3b lawsuit in alleged 1MDB-linked claim

DBS rejected the claim and said it would fight it vigorously.

Beyond deposits: S’pore digital banks are targeting your wallet with new credit cards and rewards

(Clockwise from left) Haiyan Huo, head of consumer business of Maribank; GXS Bank group head of retail Jenn Ong and CEO Pei-Si Lai; Adeline Kim, Visa’s group country manager; and, Dwaipayan Sadhu, chief executive of Trust Bank.

Asian banks cautiously restart Gulf lending despite Iran risks

Asian banks were the top financiers in the Gulf in 2025, with most of the money flowing to Saudi Arabia and the United Arab Emirates.

Singapore bankers, China-linked clients gear up for Beijing’s scrutiny of offshore trusts

On July 24, China’s Ministry of Finance and State Taxation Administration issued their clearest rules yet on taxation of offshore trusts.

OCBC opens up platinum, palladium trading on its app to retail investors

The new offerings build upon the bank’s digital gold and silver trading features, which were introduced to retail clients in October 2021.

UOB to sell asset management arm for $555 million to Allianz Global Investors

Allianz Global Investors to acquire UOB’s asset management business across eight Asian markets, including Singapore.

HSBC first-half profit jumps 23% on higher rates and wealth growth, sets $1.3 billion share buyback

An HSBC Holdings Plc bank branch in Hong Kong, China, on Friday, July 24, 2026. HSBC is scheduled to announce its Interim Results 2026 on Aug. 4. Photographer: Paul Yeung/Bloomberg

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.