News
Mizuho FG’s CET1 ratio climbs to 13.76% as capital base grows
Mizuho FG’s CET1 ratio climbs to 13.76% as capital base grows
The megabank earlier announced that it has achieved 90% of its profit target.
BEA’s profit down 24% to $447.87m in 2025 as China losses mount
Commercial real estate (CRE) accounted for 77% of BEA’s loan loss provisions.
Alipay’s agentic-powered AI Pay exceeds 120 million transactions
AI Pay is being used by Luckin Coffee and Rokid, amongst others.
Japan’s PayPay files for Nasdaq IPO
A public offering of the American depositary shares is also planned.
MariBank links remittances to Weixin Pay via TenPay Global
Users can send salaries and savings via MariBank Overseas Transfers.
ANZ logs $1.38b profit in Q1 2026 on higher deposits and improved costs
The bank’s productivity program is underway, said CEO Nuno Matos.
DBS to focus on tech resilience and grow fee income in 2026: analyst
The bank should balance increased distributions and M&As, an analyst said.
SMBC appoints Salim Zaman as global head of FX
Zaman will continue to serve as co-head of global markets and treasury in APAC.
Hong Leong Bank rebrands wealth segment as HLB Priority and revamps centres
Modernisation of priority centres is scheduled to be completed around March 2026.
CBA credit losses seen steady as debt risks linger: S&P
The bank is vulnerable to housing-related risks.
Bank J. Safra Sarasin names Dong Chen as Asia CIO
Chen worked at J.P. Morgan Private Bank and Pictet Wealth Management.
OCBC enables Weixin Pay QR payments via bank app
Customers will see rates in real-time before making a transaction.
Chubb launches Chubb Wealth with no platform fees for HNWs
Minimum investment for mutual funds starts for as low as US$100.
HSBC Singapore names Suzy White to its board
White is the current group COO of HSBC.
CBA earnings up 1% YoY to A$718m in H1 as deposit margins fall
Customer margins remained flat during the period.
NAB offers everyday banking appointments via Zoom call
Customers can self-book appointments at the NAB website starting March.
Westpac rolls out Copilot to 35,000 global staff
Its teams have already built several AI agents for HR and IT.
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