News
SMFG targets 15% ROTE with new medium-term plan and vision
SMFG targets 15% ROTE with new medium-term plan and vision
It named IT transformation a major management priority.
Airwallex clinches e-money issuing and Class A licenses in Malaysia
The company plans to double its headcount in Malaysia.
Union Bank of Taiwan and Bank SinoPac enable JCB contactless payments
JCB cards can be used for public transportation in Japan and in overseas markets.
AEON Credit’s profit climbs 16.9% as impairments and costs fall
Sales growth was due to marketing programmes and tele-marketing activities, it said.
Philippine bank lending accelerates to 9.5% growth in February
Loans for residents and business activities expanded during the month.
SMBC sells MANUBANK’s commercial banking unit to US’ Bank of Hope
Jenius Bank is not part of the transaction.
Mizuho Bank completes merger with research & tech unit
Research and consulting functions are now under the Mizuho Research Institute brand.
MUFG to build models for film and animation loans
MUFG will design models for valuation and completion guarantees needed to secure loans.
Finance sector ranks second in Singapore retrenchment rate
Only information and communications ranked higher.
Vietnam banks leverage data, AI, and digital trust to capture customers
Timo and HD Bank focus on engagement, analytics, and AI to differentiate in a crowded market.
HSBC names new mainland China wealth heads
The bank saw wealth invested assets rise 37% in 2025.
Australia to scrap card surcharges in October
The RBA noted businesses charging the same rate on all cards.
Governance and trust to drive Vietnam’s financial sector growth
Banks and insurers face pressure to strengthen oversight and rebuild market confidence.
Citi Investor Service appointed ETF custodian of Fullgoal’s first Hong Kong ETF
ETF average daily turnover in Southbound Stock Connect reached HK$3.9b in 2025.
StanChart taps Deutsche Bank veteran as it unifies two CIB services
Ole Matthiessen will lead the unified global transaction services and digital assets team.
Vietnam lenders shift to behavioural data to judge loan applicants
They measure the sales, staff numbers, and inventory turnover in SMEs, for example.
MobiFone Digital Payments launches in Vietnam
MobiFone Digital Payments (MDP) has officially launched in Vietnam.
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