News
UOB Hong Kong names Cliff Law as head of corporate banking
UOB Hong Kong names Cliff Law as head of corporate banking
Law previously worked at a Hong Kong-headquartered bank.
DBS’ net profit up 1% to S$2.93b in Q1 on record total income
Wealth management growth drove up fee income and treasury customer sales to new highs.
Ping An Bank profit rises 3% to $2.12b in Q1
Retail assets under management rose 1.2% during the quarter, said Ping An.
Bank Central Asia's margin falls in Q1 as wholesale competition weighs
The bank is implied to be sitting on excess liquidity, said UOB Kay Hian.
BDO Unibank’s net income up 6% to $1.42b in 2025
The bank said it is cautiously optimistic despite ongoing headwinds.
Citi hires Bhavin Shukla to lead infrastructure banking in JANA and Asia South
He joins from J.P. Morgan, where he was a managing director.
ANZ takes full control of ANZ Worldline venture for $63.7m
ANZ Worldline is a joint venture with Worldline Australia, established in 2022.
National Australia Bank settles overtime dispute with finance union
Certain teams in the bank were told they would not be paid overtime but get TOIL instead, according to the FSU.
HSBC Private Bank appoints Gautam Anand as Global India head
The cross-border private banking coverage consolidates under one leader across five hubs.
Maybank moves head office to Menara Merdeka 118
Maybank Islamic and Maybank Investment Bank are also relocating.
GXS Bank, Funding Societies offer property‑backed SME financing in Singapore
New product offers up to $1.57m financing for SG SMEs using residential or commercial property as collateral.
MUFG integrates cash management services in Unity platform
The new platform links ASEAN partner banks for unified payments and reporting across markets.
Alipay’s new payment system lets AI agents transact with businesses and OPCs
New tool enables agent-based transactions, following Alipay AI Pay rollout in 2025.
Citi appoints James Carolan to lead FX structuring & solutions
He was most recently worked at Deutsche Bank.
Thai financial institutions put price on bad strategy
From insurance to lending, the winners are those doing "less but gaining more" by prioritizing risk-adjusted returns over market share.
Banks must address fraud and usability gaps to unlock AI trust
Consumers expect real-time scam protection and personalised tools with trust gap remaining high.
Southeast Asian banks lose funding efficiency as pricing remains fragmented
Data-led segmentation and pricing discipline can reduce leakage and improve funding cost outcomes.
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CEO Phlaphongphanich said the industry is measuring the wrong things.
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