News

OCBC inks new 10-year partnership with Bank of Ningbo

OCBC has a 20% stake in the Zhejiang-based bank and will continue its US$5m training grant.

Philippine financial system 'resilient' despite global headwinds: stability council

The system is supported by sound capital and liquidity positions, the council said.

ASB Bank CEO Vittoria Shortt to step down

 CBA’s Sinead Taylor will lead ASB Bank beginning 12 December.

Malaysia’s GXBank and IFC ink risk-sharing deal

IFC will provide up to $4.95m in unfunded first-loss coverage.

RHB Bank rolls out Makeover Flexi Loan in Malaysia

Financing tenure is up to 35 years or until the borrower reaches the age of 70.

Grab buys 60% stake in Atome Financial for $1.9b

It also agreed to acquire the remaining 40% stake by Q3 2029 at the earliest.

Standard Chartered net profit up 2.7% YoY in H1

Wealth & Retail Banking generated operating income of $1.74b.

Ping An Digital Bank founding chairman Yip returns to lead board

Lau will transition to the role of advisor to the chief executive.

HSBC launches HSBC Access in Singapore for UHNW and family offices

It offers investment opportunities to high-growth innovation companies, amongst others.

Citi names BofA veteran Sophia Wang as head of China FI sales & SRM

Wang is tasked with leading Citi’s institutional sales coverage in the region.

SG's PathFin.ai AI-sharing programme grows to over 300 participants

The initiative aims to lower the cost for smaller financial institutions adopting AI. 

Citi installs regional trade heads amidst supply chain realignments

Geopolitical tensions and supply chain realignment are reshaping trade patterns, Citi said.

OCBC tops Forbes' 2026 World's Top Performing Banks list

DBS takes second place ahead of HDFC Bank and China Merchants Bank.

Ant International launches protocol for agentic AI payments

10 mobile wallets and 7 acquiring partners will adopt the protocol in the first phase.

Taiwan bank bad loans rise in July but asset quality ‘manageable’: FSC

The average NPL ratio is the same as in June and lower than a year earlier.