News
Citi eyes record Korean capital issuance year
Citi eyes record Korean capital issuance year
The bank has raised $60b for Korean clients globally year to date.
Liberty Financial’s originations growth to drive revenue expansion
Niche service offerings will help defend its customer base, S&P said.
Cross-border scams test Singapore-Thailand cyber defences
Real-time payments are accelerating fund movements as banks confront synthetic identities and fraud that increasingly emerges after onboarding.
InCred launches UHNW wealth platform with three Avendus veterans
It offers personalised wealth, asset allocation, and investing services.
UOB wins $59.8m in Marina Collection loan case
This is four times the $17.7m initially granted by the lower court.
StashAway buys digital wills platform MakeGoodwill
3 in 4 of StashAway clients do not have a will.
Asia’s bank-heavy funding model constrains capital growth
Deloitte says deeper domestic investment markets are needed to channel Asia’s growing savings into businesses and future growth.
HSBC Private Bank makes four senior hires across Asia
The bank announced three new desk heads and a Global India franchise lead.
UOB inks three-year MOU with Guangzhou Knowledge City on GBA-ASEAN ties
They will support companies seeking to expand into Singapore and ASEAN.
Vietnamese bank ventures into non-life insurance
Its newly licensed unit carries $19.1m in charter capital.
BEA fee income beats expectations in H1 but provisions rise 16.5%
The Hong Kong lender’s mainland China CRE cleanup continues.
Revolut taps banking, government veterans for Singapore advisory board
Former GXS Bank CEO Charles Wong joins three-member advisory panel.
Bendigo and Adelaide Bank to offset AML capital charge with low credit losses
Its credit losses are expected to remain low over the next two years.
ANZ's scam losses down 24% in Oct-June
The Aussie bank said it prevented and recovered A$100m in scam and fraud-related funds.
MUFG Bank pilots banking ancilliary firm for content production
The bank is launching Japan Creative Works (TM).
Visa and Nium test stablecoin payments under MAS’ BLOOM initiative
They aim to plug weekend settlement gaps for 24/7 payments.
DBS, IBF sign first MOU on AI skills for finance sector
More than 11,000 employees have been upskilled in AI-reshaped roles.
Commentary
From automation to agency: Asia’s wealth leaders can reinvent, not just streamline
Singapore aced its FATF evaluation — now comes the hard part
Are Asia’s digital banks prepared for the stablecoin era?
Why APAC is building home-currency stablecoins
Why Southeast Asian wealth managers must design the business before buying the technology
Why trust in Asian banking increasingly gets built off the record
Hong Kong cleared stablecoins for take-off. Getting them to work across Asia is the hard part
The financing challenge behind Asia’s wealth transfer