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Australia sues Macquarie Securities for alleged misreported short sales
Australia sues Macquarie Securities for alleged misreported short sales
This is the fourth regulatory action ASIC had taken against Macquarie in the past year.
Vietnam’s finance sector faces digitalisation challenges despite eased regulation
Industry experts discuss how to navigate Vietnam’s challenging digital landscape at the Asia Banking and Finance and Insurance Summit.
Weekly Global News Wrap: Citi faces $1b Oceanografia lawsuit; Unicaja denies Sabadell merger rumors
And Commerzbank is gearing up to execute its strategy as a standalone bank.
Macquarie Group to handle earnings drop following business sales to Nomura
Businesses in other markets should offset a drop in earnings in some businesses.
Mizuho joins initiative to promote sustainable aviation fuel adoption in APAC
It is the only Japanese company amongst founding members.
Hang Seng Bank launches cross-boundary wealth centre at Central branch
The Hong Kong-based bank has seen an 80% rise in new account openings for retail mainland customers.
UOB maintains profitability despite possible slower loan growth
Management sees demand for hedging, particularly for foreign exchange.
Japan’s SMBC is buying a 20% stake in India’s Yes Bank
Yes Bank is India’s sixth-largest private sector commercial bank in India.
Ashika Credit Capital to consolidate two businesses and launches new subsidiary
Its new subsidiary will focus on Category II alternative investment funds.
Mizuho signs MOU with Abu Dhabi Investment Office
Mizuho plans to support clients interested in expanding into the UAE.
What will drive Indonesia’s credit card market to a 9.8% CAGR?
In 2024, the market saw a 7.8% rise in value.
Australia's card acquiring market to grow 5.5% in 2025
This marks a slower pace of expansion compared to previous years.
Cake Digital Bank’s facial biometrics clinches highest-level ISO certification
Its system verifies without need for interaction such as blinking or facial gestures.
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.
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1. HDFC’s business banking head Sanjay Souza retires after 27 years 2. Prudential says AI could cut insurance product development to 6 weeks 3. The next competitive advantage in banking AI is explainability, not automation 4. Fintech associations from 12 countries, the EBA, and ASEAN regulators build a new financial corridor in Kuala Lumpur 5. OCBC pulls record $6b net profit in 9M despite 8% quarterly dipResource Center
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