News
Hang Seng and HSBC launch Hong Kong’s first tokenised unlisted gold ETF class
Hang Seng and HSBC launch Hong Kong’s first tokenised unlisted gold ETF class
The tokenised unlisted class will be available on HashKey Exchange
HSBC unveils biggest wealth centre in Singapore
Wood, stone, and textured fabrics with layered lighting create a private space.
NAB flags $504m in H1 impairment charges as Middle East conflict bites
It will apply a 1.5% discount to its dividend reinvestment plan to strengthen its capital position.
Hang Seng offers 10-second approval for SME guarantee loans
It can grant loans up to HK$8m.
2 in 3 firms exploring transition finance: study
In APAC, 91% of companies expect stability or growth in the transition finance space.
DBS and OCBC face weaker Q1 profits despite wealth gains
Both are expected to report growth in treasury customer sales.
Citi renews custodial and fund services contract with Australia’s Hostplus
Citi and Hostplus have worked together for 13 years.
Think tanks urge Bank of Korea to move from climate research to action
The BOK is called to implement concrete policies that shift financial flows away from high-carbon sectors.
DBS Hong Kong to open Treasures Centre in Kowloon
The three-storey place will serve the bank’s affluent clientele.
MUFG completes $4.26b Shriram Finance investment
It now holds a 20% equity stake in SFL.
Eximbank leadership churn triggers governance vulnerability
Seven board directors and board of supervisors’ members resigned in February.
Eximbank board member withdraws resignation whilst others set to leave
Pham Tuan Anh said he talked with the board and management in making his decision.
Crédit Agricole shifts 350 staff into new Japan office
The group has opened a workplace on the 50th floor of Azabudai Hills Mori JP Tower.
MUFG support may lower Shriram’s risky loans over time: report
It enhances Shriram’s access to capital and funding markets over time, said CreditSights.
CIMB commits to Kuala Lumpur digital MSME push
CIMB and the KL city hall will also host events, festivals, and even public arc initiatives.
UOB faces margin pressure in Q1 as fees ease
Wealth management fees may grow at around 3.3% YoY during the quarter, said CGSI.
OCBC rolls out gen AI skills training programme for wealth advisors
It is now live in Singapore and will be rolled out in Malaysia and Hong Kong at a later date.
Commentary
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance