News
DBS Hong Kong unveils new membership tier for treasuries clients
DBS Hong Kong unveils new membership tier for treasuries clients
Clients can enjoy brokerage fees starting at just 0.1%.
China’s XTransfer granted electronic money institution license in the Netherlands
They plan to expand services across 30 countries in Europe.
Jeju Bank will still have Shinhan FG support despite diluted stake
The Korean bank will expand its business outside of Jeju Island, says Moody’s.
DBS adds extra toggle when adding cards to mobile wallets
This creates a “deliberate pause” for users to verify their intention, the bank said.
Sea rebrands digital finance business SeaMoney to Monee
It has also opened a new headquarters for its digital finance operations.
OCBC’s net profit rose 5% to S$1.88b in Q1 2025
Earnings per share is S$1.68 for the quarter.
Australia launches new license application portal
It has automatic pre-filling of application details.
CIMB still on track to hit 2025 loan growth target
Clients have reportedly turned cautious.
Macquarie Bank to make remediation plan for recurring compliance failures
The bank failed to prevent 11 suspicious orders placed on the electricity futures market.
NZ banks have ‘strong capital and liquidity buffers’ to maintain credit flows
Risks have risen, but the banks remain profitable and bad loans will decline.
Bhutan enables national-level crypto payment with Binance Pay
The QR payments are expected to accept over 100 cryptos.
Hong Leong Bank unveils Meet @ HLB Branch concept in Semenyih
The branch is open from 12:30 PM to 7PM, including weekends.
Banks must diversify income and review pricing: analysts
They must identify customer relationships with low or negative profit.
DBS’ net profit fell 2% to S$2.9b in Q1 2025 on higher tax expenses.
Interim dividend is 60 cents per ordinary share.
APAC banks outpace EU in digital adoption although branches still needed
Malaysia and the Philippines expanded their branch networks between 2019 and 2023.
Barclays integrates Ant Int’l model to FX hedging platform
Ant Interntional has completed the first batch of intra-group FX transactions with Barclays.
KakaoBank’s operating profit up 23% to $131.09m in Q1 2025
Revenue from financial investment, FX gains, and NPL sales rose compared to Q4 2024.
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Commentary
From automation to agency: Asia’s wealth leaders can reinvent, not just streamline
Singapore aced its FATF evaluation — now comes the hard part
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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
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