Diversified Banks

OCBC Bank

OCBC Plans to Add 30-50 Staff in Hong Kong by 2026 to Expand Wealth Management Team

OCBC Hong Kong Branch Attracts New Customers with Lifestyle Strategy, Account Growth Surges 125%

OCBC Bank 2026 H1 Revenue Surges 18%, Targets Top 10 Hong Kong Rank by 2030

OCBC signs agreement with Australia to boost trade and investment cooperation between ASEAN and Australia

OCBC plans to double wealth business by 2029

OCBC Bank released FY2026 Q1 earnings on May 8 Pre-Market (SGT), actual revenue SGD 3.612 B (forecast SGD 3.708 B), actual EPS SGD 0.4396 (forecast SGD 0.419)

OCBC reports 5% increase in net profit to 1.97 billion SGD in Q1 2026

OCBC Hong Kong Expands Sustainable Finance Support for SMEs

DBS Analyst Maintains Buy Rating on Oversea-Chinese Banking Corp

OCBC NISP Agrees to Acquire HSBC's Retail and Wealth Management Business in Indonesia

OCBC Bank to Release FY2026 Q1 Earnings on May 8 Pre-Market SGT, Forecast Revenue SGD 3.708 B, EPS SGD 0.419

Singapore Banks Strengthen AI Tool Scrutiny to Ensure Cybersecurity

OCBC NISP Reports Q1 2026 Financials

OCBC Expected to Report Mid-Single Digit Sequential Q1 2026 Profit Growth

OCBC and Lion Global Investors to Launch GOLDX Token

OCBC: Strait of Hormuz tensions lead to Asian currencies depreciation

OCBC Annual General Meeting: Chairman Defends Performance and Discusses Future Plans

Singtel, OCBC, and Keppel repurchase significant shares in Q1

OCBC Launches Generative AI Training Program for Wealth Advisors

MAS Expected to Tighten Monetary Policy on April 14

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Shares of DBS Group and OCBC hit record highs as expectations for Federal Reserve rate cuts diminish. DBS shares rose 1.05% to S$61.40, while OCBC gained 0.8% to S$23.22. Analysts attribute this to U.S. inflation pressures and rising Singapore benchmark interest rates, which enhance net interest income prospects. Both banks reported strong Q1 earnings, bolstered by their wealth management sectors, with OCBC's acquisition of HSBC's business in Indonesia expected to further boost growth.

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DBS, OCBC Shares Hit Record Intraday Highs as Expectations for Fed Cuts Fade

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The Young Talent Programme for AI in Finance has been launched in Singapore, offering undergraduates hands-on experience with AI in finance through internships and traineeships at 20 financial institutions. Supported by the Monetary Authority of Singapore, the program aims to provide over 1,000 positions to help students gain industry exposure and relevant skills. Participating firms include major banks like DBS, OCBC, and global lenders such as Goldman Sachs. The initiative is part of a broader effort to enhance talent pathways in the financial sector.

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Undergrads to get hands-on AI finance training; sector to offer over 1,000 internships, traineeships

Companies pursuing low-carbon transition plans may incur higher costs in the short term due to the Iran war, according to OCBC's chief sustainability officer Mike Ng. This geopolitical situation necessitates a more strategic approach to decarbonisation investments and capital expenditure, as sustainability efforts are critical for energy security and resilience.

Costs of energy transition likely to go up over short term due to Iran war, says OCBC CSO

Singapore's banks are shifting focus to wealth management due to weakening lending margins, with safe-haven inflows amid rising market uncertainty. Analysts warn the Straits Times Index (STI) could drop to 4,300 in a worst-case US-Iran conflict scenario, while maintaining a year-end target of 5,250 if tensions ease. Additionally, 46% of firms have not adapted jobs for AI, limiting technology investment gains. New US pharmaceutical tariffs may deter biomedical investments in Singapore, pushing firms to relocate production for tariff benefits.

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Monday Wrap: Bank wealth inflows, STI risks, and AI job gaps

Singapore stocks closed lower on May 15, with the Straits Times Index (STI) down 0.1% to 4,989.08. Singapore Airlines rose 2.4%, while Venture Corporation fell 3.1%. Local banks had mixed results, with DBS up 0.1% and UOB down 0.2%. Across the broader market, losers outnumbered gainers 431 to 224. Key regional indices also declined, with Hong Kong's Hang Seng down 1.6% and Japan's Nikkei 225 down 2%. Vincenzo Vedda from DWS warned that high oil prices could lead to tighter monetary policies.

- Singapore's stock market closed down on May 15, with the Straits Times Index (STI) falling by 0.1% to 4,989.08 points.  
- Singapore Airlines led the blue-chip index, rising 2.4%, while Venture Corporation suffered the biggest drop, declining 3.1%.  
- Overall, 224 stocks advanced and 431 declined, with a trading volume of 2.3 billion securities valued at 2.5 billion Singapore dollars.

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Singapore stocks end lower on Friday; STI down 0.1%

OCBC's Hong Kong franchise reported strong performance in early 2026, with an 18% revenue increase to HK$2.2 billion. CEO Wang Ke expressed confidence in achieving double-digit revenue growth for the year, alongside improved profitability. The bank aims to become a top 10 bank in Hong Kong by 2030, currently ranked around 13th or 14th. Wealth management income surged 1.5 times year-on-year, prompting plans to increase relationship manager staff by 30% and open a Premier Private Client Centre.

‘Quite confident’ of double-digit top-line growth in 2026: OCBC’s Hong Kong chief

OCBC has signed a five-year partnership with the Australian government to enhance trade and investment between Southeast Asia and Australia, focusing on sectors like energy transition and fintech. The initiative aims to connect Australian firms with Southeast Asian industry leaders and facilitate investor matching. This collaboration aligns with Australia’s economic strategy for Southeast Asia, which seeks to deepen trade links projected to make the region the world’s fourth-largest economy by 2040. OCBC will work with Australian agencies to support cross-border business expansion and investment activities.

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OCBC signs 5-year partnership with Australian government to boost regional investment, trade

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Singaporean banks are expanding in Vietnam to capitalize on the country's growing integration into Asian trade and rising corporate financing needs. DBS Vietnam's CEO noted Vietnam's evolution from a corridor market to a significant economy with a robust domestic corporate base. OCBC and UOB are focusing on supporting both foreign and local enterprises, with an emphasis on sustainable finance and digital banking opportunities. The shift in strategy reflects Vietnam's role in the 'China+N' strategy and its appeal for foreign direct investment in various sectors.

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Singaporean banks see more opportunities in Việt Nam

OCBC Bank(O39.SG)