News

MUFG launches Artemis Ventures with $318.9m equity fund target

It will invest in mid-to-late stage startups, primarily those based in Japan.

ANZ rolls out agentic AI CRM tool that will save bankers 1 month of time

The new CRM consolidates data from 20 different platforms.

Citi hires Kriss Pachauri to lead ANZ global asset manager coverage

Citi says it has a “strong pipeline” in the financial sponsors segment.

Mizuho hits 90% of profit target in 9 months as net income tops $6.4b

Its expanded share buyback shows confidence in its capital base.

Malaysian bank loan growth to stabilise at 4.5% to 5.5% in 2026

The 2025 slowdown to 4.8% seen as normalisation after 2024’s 5.5% expansion.

Techcombank net profit climbs 17.5% to $973.36m in FY2025

Q4 net profit nearly doubled on higher interest income and fee income.

Mastercard launches Fleet: Next Gen to streamline fleet payments in APAC

It offers acceptance in a million locations and data gathering capabilities.

Close gov’t supervision driving Evergrowing Bank risk upgrades

S&P flags legacy loan strain despite Shandong oversight push.

Westpac hikes home loan rates as it flags budget pressure

Westpac's consumer chief executive recognized that the increase may add pressure to households.

Norinchukin fortifies JA Mitsui Leasing after $968m fraud allowance

Norinchukin is in talks with SMBC and other major banks to provide loans to JAML.

MUFG launches the Slim Course pension plan in iDeCo system

It offers zero management fees and aims for the industry’s lowest operating costs.

Philippine banks signal credit squeeze as tightening bias grows in Q1

About 12.8% of banks expect to tighten credit standards for household loans.

SMFG profit up 22.8% to $8.99b in 9M on higher income

It forecasts an annual cash dividend of JPY157 for the fiscal year.

Korea revises bill to check criminal info of virtual asset service providers

The law also broadened rule-breaking activities that are screened.