News

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.