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DBS and Avaloq expand 18-year partnership on wealth skills
DBS and Avaloq expand 18-year partnership on wealth skills
DBS is aiming to grow its retail and assets under management to S$1t.
AI reshapes finance jobs as 23 firms train 80,000 workers by 2028
More than half of the committed workforce already completed training.
Thai SME loans shrink 16 quarters as credit access gap widens
About 1 in 5 SMEs still need funding from loan sharks.
Thai bank profit seen falling 10% in Q3 whilst credit costs ease
Banks are likely to remain cautious in lending and focus on corporate loans.
MUFG Emut Bank clinches banking license
It will begin offering services sometimes around January to March 2027, MUFG Bank said.
ASIC fines Fundo Loans for falsely advertising no credit check loans
ASIC said that Fundo conducted credit checks on some loan applications.
Westpac cuts businesses' payment fees to 0.79%
Flat rate for EFTPOS terminals and PayWay will be reduced to 0.79%, said Westpac.
Hong Kong’s EleBank to open local office in Causeway Bay
The office spans two floors and will be open from 10AM to 9PM daily.
BSP makes $15.9m capital rule mandatory for banks shifting to digital model
The BSP also opened the door to new digital bank licenses and license conversions.
Indonesia private banks cautious on loan growth: UOBKH
Funding conditions have improved since Q2, although costs remained elevated.
HSBC Private Bank names UBS veteran Francesca Chan as APAC family advisory head
Chan is tasked with leading teams of family advisory and philanthropy advisory specialists across APAC.
UOB and Hang Seng back HK five-year plan on RMB, wealth and SME priorities
Hong Kong plans to strengthen its role as a global offshore renminbi hub.
Barclays nabs Morgan Stanley’s SG wealth chief to lead Asia private banking
Barclays Private Bank India will remain under the leadership of Adrish Ghosh.
Hong Kong’s banks to gain from city's first five-year plan: S&P
Areas of focus include offshore RMB, and asset and wealth management.
HSBC joins China's nationwide cross-border cash pooling programme
HSBC China has established over 260 cash pools for multinationals to date.
Malaysia nears universal accounts but formal borrowing lags at 15%
Progress is driven by habits established early in Malaysians’ financial journeys.
HSBC Trust and Fiduciary Services’ assets jump 40% in five years
The TFS business marked its 80th year of operations in Hong Kong and Singapore.
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HSBC Indonesia won International Retail Bank of the Year - Indonesia for a third straight year, honouring its wealth expertise, digital growth, and innovation.
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