News
Bank Sinopac upgrades offshore HK wealth management business
Bank Sinopac upgrades offshore HK wealth management business
The bank adopted Avaloq's wealth management platform to streamline operations.
Bangkok Bank and Permata Bank create Thai-Indonesia business platform
Companies can connect with local partners to expand their businesses.
Syfe rolls out Income+ Max targeting 8%-10% payout
It sells call options on a portion of its equity and gold holdings.
China’s investment banking fees rise 7.4% to $12.9b in 9M
ECM underwriting fees jumped 40% but M&A advisory fees fell 40%.
UOB and AWS sign MOU on hybrid cloud and AI for five markets
UOB will build a dedicated cloud environment located in Singapore that can be used across five markets.
Citi tops India investment banking tables with $16b raised
Citi’s India head of IB said they have a strong pipeline ahead.
Mox Bank offers QBE-backed home insurance through banking app
Renters and landlords can access protection for household belongings and property structures.
Ping An Digital Bank enters high-end wealth with private fund launch
It will work with J.P. Morgan Asset Management and Aberdeen Investments to offer semi-liquid fund prodcuts.
HSBC names Henry Tong as SG head of customer, international and marketing
Tong joins from Citi, where he was Asia South head of wealth continuum.
Weekly Global News Wrap: Goldman execs eye $500m payout; Amex fined $350m
And global banks are bolstering their Japan debt capital market teams.
SG banks face earnings pressure amidst margin and wealth income concerns
Higher bond yields could also weigh on REIT financing costs.
SBI Holdings forms digital asset JV with Mesh and Money Forward
The JV aims for seamless asset transfers between crypto exchanges and digital wallets.
8 in 10 SG SMEs now use fintechs for financial needs
Half of SMEs use fintechs for loans, payments, and payroll, according to a YouGov poll.
India retail credit expands as unsecured sourcing jumps 26%
Personal loans’ AUM rose whilst credit card AUMs dipped in Q1 FY2027.
MUFG and Danamon propose Bank MUFG Danamon name for integration
MUFG intends to integrate its Indonesia branch into its subsidiary.
Standard Chartered rebrands GBS to Global Capability Centres
GBS operates hubs in China, India, Malaysia, and Poland.
Agentic AI threatens $75b of bank payments revenue by 2030
McKinsey says that $65b of deposit net interest income is at risk.
Commentary
The stablecoin conversation is missing the everyday user
Stablecoin payments are going mainstream. Hong Kong and APAC are showing how
Why digital assets are set to become mainstream in APAC
Bitcoin’s latest hacks expose where trust really sits in Asia
Singapore's next payments opportunity
DIFC's reforms open new doors for Asian businesses: Is yours ready?