News
BEA and Anchorpoint Financial explore HKD stablecoin payments
BEA and Anchorpoint Financial explore HKD stablecoin payments
They will test commercial applications for regulated tokenised money in Hong Kong.
2 days ago
MUFG joins 21 banks globally to form stablecoin company
It will initially focus on a USD-denominated stablecoin offering.
2 days ago
Philippine banks trade transfer fees for customer loyalty
Lower transfer costs could accelerate digital payments, but banks must turn higher usage into deposits, lending, and broader product adoption.
3 days ago
Citi boosts North Asia & Japan corporate desk headcount by 25%
It is also expanding its dedicated China desk network to Brazil and Europe.
3 days ago
Banks rethink legacy IT costs to fund AI
Banks are rethinking legacy technology spending and vendor strategies to free capital for AI whilst keeping operations resilient.
3 days ago
Crédit Agricole CIB appoints Nicolas Vix as APAC senior regional officer
Vix has been with the bank since 1988 and was named senior country officer for China in 2019.
3 days ago
Maybank profit meets estimates as NOII swings 165% in Q2 recovery
NOII contracted 15% in H1 but recovered 165% in Q2 compared to Q1.
3 days ago
UOB Private Bank hires Dominique Boer as ASEAN regional market head
Boer is tasked with leading the growth and strategic development of the ASEAN franchise.
3 days ago
Singapore and Indonesia to launch Rupiah-SGD settlement framework
DBS, OCBC and UOB are Singapore's appointed dealers under the framework, which follows a 2022 MOU.
3 days ago
Singapore commits $173m to deepen fintech innovation
The three-year programme will support frontier tech, and financial infrastructure.
3 days ago
CIMB profit dips 0.19% to $955.42m in H1
CIMB expects net interest margin pressures are expected to progressively ease.
3 days ago
Hang Seng Bank tests ‘AI vs AI’ controls in HKMA GenAI Sandbox++
The bank has pilots for retail banking and commercial banking.
Maybank H1 profit dips 0.88% to $1.28b but Q2 rebounds on wealth fee surge
Net interest margin is 2.12% for H1.
DBS and Stripe partner to capture Asian cross border payments
Stripe will leverage DBS’ digital banking capabilities and DBS will explore the use of the Striple platform.
SCB announces service disruptions on two September weekends
Both phases of the system maintenance will take place between 11PM and 5AM.
EastWest proposes $145.72m stock rights offering
The Philippine bank plans to scale up its wealth and priority banking propositions.
UOB and HSBC complete live HKD transactions on Swift ledger
UOB is preparing to execute SGD and USD transactions next.
Commentary
From automation to agency: Asia’s wealth leaders can reinvent, not just streamline
Singapore aced its FATF evaluation — now comes the hard part
Are Asia’s digital banks prepared for the stablecoin era?
Why APAC is building home-currency stablecoins
Why Southeast Asian wealth managers must design the business before buying the technology
Why trust in Asian banking increasingly gets built off the record
Hong Kong cleared stablecoins for take-off. Getting them to work across Asia is the hard part
The financing challenge behind Asia’s wealth transfer