News
Weekly Global News Wrap: Stablecoins threaten $500b in deposits; Italy funds bank rescue
And about 100 jobs in Metro Bank are at risk.
Japan Post Bank merges investment arms to form new asset manager
JP Asset Management will be the surviving entity.
South Korean bank delinquencies hit 0.6% with SMEs hit hardest
Volume of newly delinquent loans shrank whilst resolved loans rose.
Korea’s outstanding deposit rate fell in December whilst loan rates climbed
Rates for new deposits rose during the month.
South Korea rewrites bank loan-deposit rules to push regional lending
Regulators plan to upgrade rules and provide incentives to improve regional banks’ competitiveness.
UnionPay links 25 foreign wallets to Weixin Pay as China QR use surges
Global travellers can use domestic cards on Weixin Pay QR network
Motilal Oswal profit skyrockets 65% on record operating surge
The India financial services company saw asset and private wealth growth.
HitPay enables SG merchants to accept overseas QR payments
SG merchants can now accept regional e-wallets through a single code
Dah Sing Bank launches multi-currency debit card for SMEs
It enables overseas payments across 11 currencies with no foreign currency transaction fees.
Fintech Fingular secures $10m credit line for Malaysia expansion
The funding will also be used to strengthen operational capacity.
Security Bank names new wealth segment head
The Philippine bank also announced the retirement of EVP Gina Go.
RCBC names AREIT CEO as independent director
Independent director Erika Fille Legara has been named to the advisory board.
OCBC opens client stocks to institutional borrowers via Citi platform
The securities lending market generated $1.2b of revenue in December 2025 alone.
Hang Seng Bank delists from Hong Kong Stock Exchange
Registered shareholders to receive payment via bank transfer or cheque.
WeLab Bank kills FX fees with multi-currency debit card
The new Mastercard allows spending in 11 currencies at "at-cost" prices.
BPS Financial fined $9.67m over Qoin Wallet crypto promotion
It is also hit with a 10-year ban for making unlicensed services.
Commentary
The hidden realities of succession for next-gen heirs
The stablecoin conversation is missing the everyday user
Stablecoin payments are going mainstream. Hong Kong and APAC are showing how
Why digital assets are set to become mainstream in APAC
Bitcoin’s latest hacks expose where trust really sits in Asia