News
JCB cardholders can now use cards to ride Shanghai, Beijing subway systems
JCB cardholders can now use cards to ride Shanghai, Beijing subway systems
It can be used in all 21 Shanghai subway lines and 29 Beijing subway lines.
MAS fines five payment firms $960,000 for AML/CFT breaches
These breaches were uncovered during MAS' examinations for compliance.
HSBC GPB appoints Ann Ling as APAC head of wealth planning and advisory
She will take over her new role on 1 July 2025.
Jeonbuk Bank weighed by large unsecured personal loans
Profitability may decline through 2026 due to declining loan yields.
Bank Negara Indonesia to see continued NIM pressure in Q2
Loan growth should accelerate in H2 2025.
Lenders in Asia Pacific may seek safe havens on geopolitical, tariff woes
Automakers and part suppliers are feeling the most heat from the tariffs.
PBCOM appoints new treasury trading team head
Justin Labadan will begin in his new role on 1 July 2025.
Metrobank names Renato De Borja, Jr. as head of financial & control sector
He has been with Metrobank for over four years.
PBCOM declares cash dividend for the first time in 27 years
The bank has declared a PHP1 per share special cash dividend.
Nomura AM names Terence Lam as head of distribution for Asia ex. Japan
He brings over 25 years of experience in the asset management industry.
Taiwan approves BNP Paribas to offer wealth management services
The branch has implemented a program to enhance the expertise of its personnel.
IndoStar gains approvals to sell Niwas Housing Finance for $203.7m
It secured an NOC from the National Housing Bank.
Malaysia’s digital banks face costlier and slower-than-expected loan growth
They may temper deposit-gathering efforts as a result, a positive for incumbents.
UnionBank raises $282.5m in fixed rate bonds
It plans to use the proceeds to extend term liabilities, expand funding base, etcetera.
SMBC becomes strategic partner of TOMODACHI Initiative leadership program
The next program will involve 20 university undergraduate students in Japan.
Kyongnam Bank likely to maintain good funding through 2026: Moody’s
But construction and retail sector loans may be a weakness.
Busan Bank’s asset quality and profitability poised to further weaken: report
It should maintain a strong funding structure thanks to its deposit base, however.
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