News

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.

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.