News
GoTyme Bank rolls out international transfers to 170 countries
GoTyme Bank rolls out international transfers to 170 countries
It supports transfers in 8 currencies.
SMFG targets $5b in sales and trading revenue: report
Arihiro Nagata conservatively estimates that it would take six years to do so.
Japan’s megabanks stockpile $5.48b in provisions despite record earnings
MUFG tripled its loan-loss provisions whilst Mizuho’s more than doubled.
Norinchukin swings to $758.8m profit in FY2025
It expects to earn between $312m to $625m in FY2026.
Citi, India review push to accelerate solar, hydrogen growth
Citi CEO Jane Fraser met Indian PM Narendra Modi ahead of the bank’s 125th year in India in 2027.
BPI channels down on June 6 for Robinsons Bank integration
VIBE will be accessible to pay bills, buy loads, and redeem rewards, BPI said.
Hong Kong’s loans up 3.6% in April as IPOs and high rates lift banks
Deposits also rose during the month.
Hong Kong mortgages drop to HK$36.5b in April after Q4 2025 recovery
Mortgage competition was said to have intensified in the Q1 period.
DBS rolls out ‘tap-to-phone’ payments at MAX app
Stall merchants will be able to activate the service in three steps, the bank said.
Australian renovation loans surge 16% as fuel price spike threaten costs
Homeowners are advised to lock prices early and build a budget buffer.
UnionPay and STB renew 3-year deal to boost Singapore tourism spending
They will partner with banks, luxury travel platforms, and tourism stakeholders.
Mastercard contactless payments land on Hong Kong's Airport Express
The company first rolled out contactless card payments in MTR in 2023.
Singapore's private banker crunch clouds $4.22t cross-border wealth boom
Billionaire wealth jumped 66.4%, lifting the market past Australia.
NAB and IBA launch guarantee for First Nations business loans
IBA will guarantee up to 50%.
Fraud checks shift as transactions move in real time
Globe Business monitors logins API requests traces and system health.
Tool dependence leaves institutions with cyber gaps
Cyber awareness must reach receptionists and CEOs as AI attacks target humans not just systems.
UOB builds new Ho Chi Minh HQ
CEO Wee Ee Cheong met with Vietnam President To Lam on 30 May.
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1. Singapore aced its FATF evaluation — now comes the hard part 2. Citi boosts North Asia & Japan corporate desk headcount by 25% 3. UOB Private Bank hires Dominique Boer as ASEAN regional market head 4. Japan banks turn to stablecoins to retain deposits 5. Can Asia’s banks make stablecoins work across borders?Resource Center
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Leading voices from the banking and insurance industries will meet at The Hyatt Regency to discuss wealth management, insurance investment, and the AI economy.
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