News

Citi names Raj Rathi as India chief of M&A business

Rathi served as head of strategy and corporate development for an India fantasy sports tech company.
6 days ago

CIMB Thai sells auto financing portfolio to Krungsri

CIMB Group expects CIMB Thai’s ROE to improve to double digits after the sale.
6 days ago

Bank phishing declines but still drives 26% of attacks

Bank services may be becoming increasingly difficult to successfully impersonate.
6 days ago

Krungthai Bank sees costs staying in line as it prepares JV for bad loans

The Thai bank believes that wealth management will drive its income growth through 2028.
6 days ago

Asia-Pacific deal values drop to $127 billion after major tariff shock

Total transaction values plummeted after April trade restrictions forced a summer long freeze in regional merger and acquisition activity.
6 days ago

OCBC to acquire $6.6b HSBC Indonesia wealth, retail banking business

The deal is expected to lift its Indonesian unit’s AUM by about 25%.

MAS pilots cross-bank AI models to detect scam risks

All sensitive data used in the exercise will be permanently deleted once complete.

NAB profit falls 19% to $1.98b on large notable items

Net interest income rose by 8.5% whilst total operating expenses hit a 32.47% increase.

Malaysia's $1.3b support package to prevent bad loan spike

The SME sector received similar support during the pandemic era.

Malaysia rolls out $1.26b loan facility to aid SMEs amidst Middle East disruptions

Eligible SMEs can obtain a working capital loan of up to MYR750,000 (about $189,000).

Indonesia banks face tight liquidity through 2026: CreditSights

Higher energy prices will reduce room for fiscal spending, the report said.

DeeMoney CEO says trust will beat acquisition

CEO Phlaphongphanich said the industry is measuring the wrong things. 

Ant International launches protocol for agentic mobile payments

It cuts agent-wallet linking steps by 50% of traditional card binding methods.