News
UOB Group Q2 net profit rises 10% to $1.5b despite margin pressure
UOB Group Q2 net profit rises 10% to $1.5b despite margin pressure
Net interest income eased 2% YoY in a lower interest rate environment.
Nearly 70% of Singapore finance leaders struggle to scale AI
Another 64% pointed to fragmented or inconsistent data across systems.
China CITIC Bank International names Wang chief executive
Shen Qiang will retain a board seat as a non-executive director.
Chinese banks risk sharper lending yield swings: S&P
Commercial lenders may need tighter internal models to contain interest rate exposure.
Eximbank names Trang as CEO
Pham Thi Huyen Trang took office on 1 August.
Western Union tests cross-border wallet scale
The Dash acquisition gives Western Union 1.4 million users as it links wallets, banks, and payment networks across borders.
Maybank Singapore joins MAS cross-border settlement initiative
The company's tokenisation efforts support its ROAR30 $3.2b digital investment.
Vietcombank leads profits with $983.1m as smaller banks outgrow giants
The bank recorded a 36.7% annual rise in H1 2026.
RHB launches Malaysia’s first bank-owned payment gateway
The platform routes online collections straight into RHB accounts with automated reconciliation.
DBS’s Q2 2026 profit climbs 9% driven by higher fee income
The bank said fee income remained close to record levels.
DBS targets small firms’ technology gaps with free support
The package includes onboarding workshops, sector advice and access to artificial intelligence tools.
HSBC names Gloria Sun as Market Head for Offshore Taiwan
She will lead the offshore teams in Hong Kong and Singapore.
HSBC profit jumps 23% to $15.3b
The lender plans a $1b share buy-back before releasing its third-quarter results.
Standard Chartered trains 30 leaders for affluent push
The first cohort spans Singapore, Hong Kong, Dubai and the United Kingdom.
Maybank takes full control of Etiqa in $1.2b deal
The bank already controls 69.05% of the Etiqa holding company.
Apple launches Apple Pay in the Philippines
Shoppers can authenticate transactions through Face ID Touch ID or a device passcode.
HSBC amongst first to trade new China Bond Futures on HKEX
It is cash-settled, priced against a basket of onshore China Government Bonds.
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1. Singapore opens door to foreign stablecoins under tighter rules 2. Maybank deploys AI to prevent banking disruptions 3. Standard Chartered says smarter AI use beats cutting-edge tech 4. HSBC Private Bank trains wealthy heirs to tackle succession risks 5. Paymentology partners with AUB on digital paymentsResource Center
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HSBC Indonesia won International Retail Bank of the Year - Indonesia for a third straight year, honouring its wealth expertise, digital growth, and innovation.
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