News

DBS names Ng SIer Han as next CEO of DBS Hong Kong

Lim Chu Chong will take over as DBS Taiwan's CEO, and Adrian Chai will become president director of DBS Indonesia.

Visa brings contactless payments to Hong Kong’s doorstep deliveries

Customers can pay with Visa when sending or receiving parcels via couriers.

ANZ cash profit 1% to $1.34b as NZ provision bites

ANZ said it is disputing a NZ$125m class action ruling.

DBS' wealth bet pays off with 42% fee surge in Q2

The bank is unlikely to be affected by mainland China's recent tax changes.

Westpac hits $1.27b net profit in Q3 on more lending activity

NIM benefited from a high-interest rate environment, offsetting competitive pressures.

ShopBack and Visa expand tie-up to 20,000 Singapore physical stores

ShopBack said that it has rewarded over S$1b in cashback globally.

OCBC offers platinum and palladium to retail investors

Platinum is priced at S$23 per 0.01 ounces and palladium at S$18 as of 7 August.

China names Deutsche Bank as RMB clearing bank for Europe

The bank is the first foreign bank in Europe to receive the designation, it said.

Ant International’s Muslim Pro deal spreads pilgrimage costs over 24 months

Families can pay for flights hotels meals and transport in instalments.

Philippine central bank raises business transfer ceiling tenfold under Instapay

Previously, registered businesses could only transfer up to $822.6 (P50,000).

Allianz Global Investors takes over UOB Asset Management

The deal expands its footprint into Thailand, Malaysia and Vietnam.

Standard Chartered secures in-principle GIFT City wealth approval

Eligible investors can access four diversified portfolios.