News

HSBC to roll out HKD-denominated stablecoins in H2 2026

The HKMA granted HSBC a stablecoin issuer licence.

DBP with ‘stable’ outlook on expected healthy PH economic growth: S&P

It is “almost certain” to receive support from the government if needed.

Union Bank of the Philippines revises credit card rewards scheme

Select credit cards earn 1 point for every PHP150 spent, from 1 per PHP60 previously.

SMFG completes acquisition of US-based Air Lease Corporation

Sumitomo Corporation now holds 47.51% of voting rights.

Bank of Singapore names Vi Sun Yang as head of ASEAN private banking

She will lead the bank’s largest market and join the global management committee.

LionGlobal Singapore Trust Fund hits $1.25b AUM benchmark

OCBC contributed $600m in net inflows in March.

OCBC scales regional SME support with S$25b sustainable finance goal

The company aims to support 12,000 SMEs across Singapore, Malaysia, Hong Kong and Indonesia.

CIMB commits to private wealth push across Malaysia and ASEAN

It aims to use wealth revenue to sustain a NOII contribution of 33% to 34%.

CIMB offers up to 6-month relief for customers hit by Middle East conflict

Business customers can access customised restructuring and rescheduling solutions.

Krungsri names Kohei Omori as head of Japanese corporate banking

He headed the corporate banking division in the US Midwest.

ASIC scam takedowns jump 90% as Australians’ losses hit $2.18b

ASIC also took down over 1,100 online scam investment advertisements.

Why digital empathy is key to building a financial brand

Ipsos says lenders financial institutions now compete with best-in-class platforms across all industries

Standard Chartered unveils first-ever Global Fusion Centre in Malaysia

It is located in the bank’s Global Business Services hub.

Malaysia fines BKRM following cybersecurity breach

An external party gained unauthorised access to the bank’s IT infrastructure, the BNM said.