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Banks and financial institutions

Man takes hostages and threatens to bomb a bank in California

Two people were released after negotiators communicated with the hostage-taker by phone, police said.
Two people were released after negotiators communicated with the hostage-taker by phone, police said.

Forum: Sole objective of removing PayNow nicknames is to address impersonation scams

DBS announces new app feature to turn Android phones into contactless payment terminals

Merchants can access the new feature through the DBS MAX app.
Merchants can access the new feature through the DBS MAX app.

DBS to open 2 new wealth centres in Singapore by end-2027 to better serve affluent customers

An artist’s impression of the waiting lounges in one of the upcoming wealth centres.
An artist’s impression of the waiting lounges in one of the upcoming wealth centres.

New NTU institute to deepen research at the intersection of AI, finance and society

Minister for Digital Development and Information Josephine Teo (centre) at the launch of the Global Institute of Finance, Technology, and Society on May 30.
Minister for Digital Development and Information Josephine Teo (centre) at the launch of the Global Institute of Finance, Technology, and Society on May 30.

Top Australia bank CEO says AI will mean smaller teams, no use ‘pretending otherwise’

CBA is Australia’s largest lender and employs more than 50,000 people.
CBA is Australia’s largest lender and employs more than 50,000 people.

High Court raps UOB over inconsistent legal positions on late mortgage payment charges

The High Court said UOB has taken inconsistent legal positions on late payment charges in mortgage cases, and the lender repeatedly dropped such claims only when questioned by the court.
The High Court said UOB has taken inconsistent legal positions on late payment charges in mortgage cases, and the lender repeatedly dropped such claims only when questioned by the court.

News analysis

Singapore economy can overcome tariff and war risks as global trade continues to grow

Asian economies likely to experience a trade boom as investments in manufacturing surge, analysts say.
Asian economies likely to experience a trade boom as investments in manufacturing surge, analysts say.

StanChart CEO reassures staff after backlash over ‘lower-value human’ remark

Mr Bill Winters' remarks drew sharp condemnation on social media.
Mr Bill Winters' remarks drew sharp condemnation on social media.

Singapore must strengthen its position as a trusted AI financial hub: DPM Gan

DPM Gan Kim Yong giving his opening address at the Trust and AI: A Leaders Dialogue, held at Shangri-La Singapore on May 20.
DPM Gan Kim Yong giving his opening address at the Trust and AI: A Leaders Dialogue, held at Shangri-La Singapore on May 20.

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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.