Singapore's second-largest bank, Oversea-Chinese Banking Corp , on Wednesday joined rivals in declaring multi-billion capital ...

The U.S. dollar pulled off an 11-week low versus major peers on Wednesday, helped by a rebound in short-term Treasury yields ...

The fireside chat between Tan Su Shan, Deputy CEO, DBS Group and Shereen Bhan, Managing Editor of CNBC-TV18 at the recently ...

"Over the next three years, we envisage that AI could reduce the need to renew about 4,000 temporary/contract staff across ...

A recent Bloomberg Intelligence report estimated that banks worldwide could cut up to 200,000 jobs in the next three to five years due to AI advancements.

DIGITAL BANKS in the Philippines remained in the red in 2024 and will likely continue to post losses in the near term as they struggle to expand the reach of their credit products, a central bank ...

DBS Group plans to cut 4,000 temporary jobs over the next three years as it expects artificial intelligence (AI) to ...

DBS Bank, Singapore’s largest financial institution, is set to cut 4,000 temporary and contract positions over the next three ...

Reductions will come from natural attrition, DBS said, and permanent staff will not be affected. Read more at ...

A Bloomberg Intelligence report last month said global banks were expected to cut as many as 200,000 jobs in the next three ...

As part of its earnings report, OCBC revealed that it will return 2.5 billion Singapore dollars to shareholders over two ...