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South Korea commits to overhaul its mutual savings banks
South Korea commits to overhaul its mutual savings banks
It will expand functions, tighten governance, and set up a company for NPL management.
MUFG Bank invests in Satellite Data Services
SDS will begin to commercialise its data services.
India’s Bank of Baroda to log 1% to 1.2% ROAA over next two years
Loan portfolio is strong, but its international business could temper its net interest margin.
HSBC Singapore names two senior appointments for China proposition
Ying Wang and Irene Zeng’s new roles are aimed at helping Chinese businesses in their cross-border needs.
Malaysian bank lending rises 5% on more business loans
Business loans rose 4% whilst household loans grew 5.6%.
Public Bank’s Q4 profit up 2% QoQ as NIM begins recovery
Recovery is expected to gain traction in Q1 2026, said UOB Kay Hian.
CIMB net profit edges up 1.7% to $2.03b in 2025
Profit before tax increased to 2.7%.
Mastercard names Minsook Cho as Singapore Country Manager
She will oversee business operations and strategic direction in the market.
Societe Generale name Selina Cheung as head of ECM in APAC
Cheung was previously head of unified global banking APAC at UBS.
Citi invests in Japan’s Sakana AI
Citi says the investment will help Sakana AI in its international expansion.
MUFG and JICT to jointly promote autonomous driving deployment
The two companies have invested in US-based May Mobility.
Westpac rolls out Book a Banker tool for home loan appointments
It will be expanded to St.George, BankSA, and Bank of Melbourne in the coming months.
Norinchukin logs $636.78m profit for Apr-Dec 2025
Full-year profit will come lower as Nochu foresees a potential portfolio rebalance.
Bank of Singapore names Eng Chien Chan as market group head for Greater China
His appointment will be effective on 17 March.
Syfe launches JPMAM active ETF portfolio in Singapore
The Equity Alpha portfolio targets an annual alpha of 0.5% to 1% at a fraction of typical annual fees.
Kotak Life and Utkarsh Small Finance Bank ink life insurance partnership
Utkarsh SFBL offers Kotak Life’s insurance products to its 5.14 million customers.
CIMB ties up with Ant Int’l to push digital treasury and liquidity framework
They will use Ant’s blockchain-based treasury management solution.
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Commentary
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance