News

Citi launches Custody+ to accelerate asset servicing

More than 80% of total event volume now runs in real time.

Philippine central bank joins regional task force to fight financial scams

Junior monetary officials will receive a newly endorsed training programme.

Ping An Bank profit rises 3.3% as revenue gains 1.8%

Retail assets under management reached $654.8b by 30 June.

CommBank to launch premium charge card

It will offer airport lounge access and travel insurance benefits.

ANZ flags scam coaching as criminals script victims' responses

Victims are armed with well-rehearsed stories or coached responses, ANZ warned.

Own Bank names Don Niño Santos president and CEO

He previously worked at Globe Telecom and Metrobank.

CIMB secures 10,000 Infineon Melaka staff in payroll tie-up

Employees enrolled in CIMB@Work will get 20% cashback on tolls, transits, and Visa debit card overseas spend.

Mizuho Securities names Atsushi Kikawa as retail and business banking chief

Kikawa previously worked at MUFJ Morgan Stanley Securities.

Hang Seng Bank unveils Hysan Place Wealth Centre

Over 30% of the bank's prestige banking customers are based on Hong Kong Island.

ShopeePay and TenPay Global enable QR payments in China for SEA travellers

ShopeePay users from Singapore and Thailand can pay at Weixin Pay QR code merchants.

BOCHK and Ant International partner on cross-border payments and treasury AI

BOCHK customers can link their bank accounts and credit cards to AlipayHK.

DBS rolls out agentic AI credit tool to 1,500 staff globally

Bank aims to cut credit memo preparation time by at least 30%.

Australia's crimes agency regulator flags systemic mortgage fraud

They uncovered inflated incomes and fabricated business activity to support loan applications.

Citibank Korea hits record Q2 profit of $133m on trading surge

Net income rose 86% on growth in non-interest revenue from core businesses.

VP Bank Singapore names Vincent Koo as chief risk officer

Koo will be responsible for the Singapore branch’s risk, control, and operational functions.

Judo Bank seen sustaining strong earnings despite higher credit losses

Higher specific provisions have led to weaker asset quality.