News
PAObank uses PCS to replace traditional freight documentation
PAObank uses PCS to replace traditional freight documentation
PAObank is the first digital bank to participate in the commercial data interchange initiative.
Bank of Singapore appoints OCBC veteran as global CFO
Collins Chin worked at OCBC for over 16 years before taking on this new role.
Unmet trade demand hits $2.5t despite increased SME support
FIs report 80% of banks anticipate demand to climb as trade shifts.
HSBC targets cross-border wealth with veteran Asia hires
William Fok returns to lead Thailand operations.
Deutsche Bank Malaysia appoints first female chair, new non-executive director
The appointees bring expertise in finance, audit, risk, governance, policy.
Bank of America's 2025 earnings jump 19% to $30.5b
Q4 net income rises 12% to $7.6b as the bank caps record year.
HSBC says 'no decision' made in Singapore insurance review
HSBC said Singapore stays a priority market for wealth and wholesale growth.
Apple Pay opens China Visa cards as NFC hits 79%
The rollout starts with ICBC BOC ABC BoCom CMB CITIC Ping An and Industrial Bank.
Three Singapore banks pull $3.0b in net retail inflows
DBS Group Holdings was the largest recipient of net retail inflows.
Banks pour into digital asset infrastructure, Sygnum says
Self custody could shift $300b off platforms by end 2026.
Finance Ministry raises idle fund bank cap to 60%
After that, the funds will remain in banks until maturity.
Indonesia’s Jalin targets payment fraud with BPC tie up
Jalin will expand its utilisation of BPC tech for real-time fraud monitoring.
Korean banks’ loans contracted in December as banks guarded capital ratios
SME loans fell as banks slowed down lending for their capital adequacy ratios.
Philippine bank lending rose 10.3% on business, consumer loans
Outstanding loans to consumers grew at a slower rate, however.
HSBC mulls $1b Singapore insurance exit, report says
It could be valued at over $1b.
Crédit Agricole CIB names Yang Zhang as head of cash and trade sales for APAC FIs
She will oversee business development and origination of cash management.
Natixis CIB names Jarek Olszowka as APAC head of green & sustainable hub
He was the international head of sustainable finance for a major Japanese financial services group.
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1. Nine in 10 investors do not trust AI for investment decisions 2. HSBC pilots digital structured product issuance in Hong Kong 3. Hang Seng Bank joins Alipay+ network 4. Philippine central bank welcomes banks' move to cut fund transfer fees 5. China CITIC Bank Int'l completes first Hong Kong gold clearing tradesResource Center
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