News
Custodians lead tokenization adoption as industry moves to scale
Custodians lead tokenization adoption as industry moves to scale
Regulatory uncertainty is the most cited obstacle, named by 73% of respondents.
DBS and Goldman Sachs complete first interbank OTC crypto options trade
Industry observers say this could accelerate the development of an interbank market for crypto derivatives.
PH central bank warns of entity impersonating UNA Financing Corp
The legitimate business UNA said it is not connected to the entity.
UnionBank, INSEAD launch program for relationship managers
Selected UnionBank RMs have already undergone a two-day training.
NAB’s Ubank expands Passkeys feature to online banking
The digital bank now enables fingerprint or facial recognition logins online.
Nomura Holdings’ net income up 17.5% to $700.2m in H1 FY2025
Its total revenue fell, but net income was higher.
Hong Kong central bank names deputy CEO for exchange fund investment office
Goh previously worked in Goldman Sachs and J.P. Morgan.
BDO’s net income up 4% to $1.07b in 9M 2025
Deposits and loans grew during the period.
Philippine central bank expands relief measures for banks, borrowers after calamities
Banks will have access to relief measures during a specified period.
NTT, Jaidee app unveil payment and management platform for Thai SMEs
Super EDC enables SMEs to accept payments and has data management.
Endowus secures $70m in funding, to accelerate Hong Kong growth plans
Leading investor Illuminate Financial noted Endowus’ fee-only, conflict free model.
Hang Seng Bank launches instant transfer service JustPay
Users can make voice recordings and send animated greetings.
HSBC’s profit after tax down 17.91% to $5.5b in Q3
Operating expenses rose, whilst banking NII rose and wealth performance was strong.
Asia Pacific lenders turn to AI to strengthen compliance efforts
Oracle’s clients achieved 70% productivity gains as AI improved compliance efficiency.
Thailand's TMBThanachart Bank beats Q3 profit forecasts on lower provisions
But management is bracing for slower fee income growth in Q4 2025.
ANZ names Sheng Lee as country head of Vietnam operations
Lee, who has been with ANZ since 2015, will commence his new role in early 2026.
Westpac unit RAMS fined A$20m for compliance failures
RAMS failed to supervise its reps to ensure compliance with credit law, amongst others.
Commentary
From automation to agency: Asia’s wealth leaders can reinvent, not just streamline
Singapore aced its FATF evaluation — now comes the hard part
Are Asia’s digital banks prepared for the stablecoin era?
Why APAC is building home-currency stablecoins
Why Southeast Asian wealth managers must design the business before buying the technology
Why trust in Asian banking increasingly gets built off the record
Hong Kong cleared stablecoins for take-off. Getting them to work across Asia is the hard part
The financing challenge behind Asia’s wealth transfer