All posts tagged "UOB"
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670Big PictureSingapore Digital Banks to Disrupt Smaller Incumbents the Most
Singapore's big banks will be able to defend against new digital entrants, while small foreign-owned incumbents will face the greatest disruption risk, says Moody's Investors Service.
July 4, 2019 -
1.1KFeature
Singapore Banks Well-Equipped Against Fintech Threat: Moody’s
Singapore's three largest banks are well placed to ward off threats to their market share by fintech firms, even as friendly regulatory policies encourage greater growth in the sector.
June 20, 2019 -
712Big Picture
Singapore Banks Well Positioned for Final Basel III Rules
Moody's says Singapore performs better than other banking systems in a high stress scenario. The new report also looks at banks' digitisation push.
June 2, 2019 -
605Fintech / RegtechMAS Considers the Value of Allowing Virtual Banks in Singapore
The regulator says it is engaging relevant stakeholders to ascertain the unique value that such virtual bank entrants could bring to Singapore's banking landscape.
May 8, 2019 -
802ChinaSGX, UOB Sign Pact to Help Chinese Firms Expand in ASEAN
Chinese firms will be able to leverage SGX and UOB's infrastructure, expertise and networks to expand into Singapore and other ASEAN nations.
April 29, 2019 -
858FeatureTechnology to ‘Transform’ a Third of Singapore Finance Jobs – Study
The main effect of technology will be to "transform" jobs in the financial industry, rather than create or destroy them, says an EY study commissioned by MAS and IBF.
April 24, 2019 -
733Enforcement
MAS Bans Former HSBC, UOB Employees for ‘Egregious’ Misconduct
Three individuals have received lengthy bans, in addition to jail terms, for "criminal conduct at the expense of their customers".
April 11, 2019 -
435Asia-PacificPayments Connectivity Sees Continued Progress in ASEAN
Bank of Thailand outlined a number of key initiatives with other ASEAN nations to increase regional connectivity in cross-border payments.
April 10, 2019 -
810AML / KYC
MAS Details Enforcement Outcomes, Priorities in Inaugural Report
The inaugural enforcement report reveals that MAS issued S$16.8mn in financial penalties and S$698,000 in civil penalties over 18 months.
March 21, 2019 -
712Big Picture
UOB, OCBC, DBS to Face Challenging Year Ahead – Moody’s
Singapore's three largest banks will face greater asset risks and stagnation of net interest margins in 2019, making it a difficult year ahead for profitability, according to Moody's Investors Service.
February 26, 2019
