News
SMFG completes acquisition of US-based Air Lease Corporation
SMFG completes acquisition of US-based Air Lease Corporation
Sumitomo Corporation now holds 47.51% of voting rights.
Bank of Singapore names Vi Sun Yang as head of ASEAN private banking
She will lead the bank’s largest market and join the global management committee.
LionGlobal Singapore Trust Fund hits $1.25b AUM benchmark
OCBC contributed $600m in net inflows in March.
OCBC scales regional SME support with S$25b sustainable finance goal
The company aims to support 12,000 SMEs across Singapore, Malaysia, Hong Kong and Indonesia.
CIMB commits to private wealth push across Malaysia and ASEAN
It aims to use wealth revenue to sustain a NOII contribution of 33% to 34%.
CIMB offers up to 6-month relief for customers hit by Middle East conflict
Business customers can access customised restructuring and rescheduling solutions.
Krungthai Bank launches US dollar bond wallet on Paotang app
The minimum investment is US$1,000.
Krungsri names Kohei Omori as head of Japanese corporate banking
He headed the corporate banking division in the US Midwest.
ASIC scam takedowns jump 90% as Australians’ losses hit $2.18b
ASIC also took down over 1,100 online scam investment advertisements.
Why digital empathy is key to building a financial brand
Ipsos says lenders financial institutions now compete with best-in-class platforms across all industries
Standard Chartered unveils first-ever Global Fusion Centre in Malaysia
It is located in the bank’s Global Business Services hub.
Malaysia fines BKRM following cybersecurity breach
An external party gained unauthorised access to the bank’s IT infrastructure, the BNM said.
NAB ‘stress-tests’ 200,000 businesses as fuel costs surge
Fewer than 2% of calls to the business care team focused on fuel pressures.
Indonesia and South Korea link QR payments to bypass foreign exchange
Indonesia received 5.89 million inbound QR transactions in 2025.
Westpac urges greater social media accountability as personalised fraud spikes
The bank noted a sharp rise in “Hi Mum” and business email or invoice scams.
Bank of East Asia acquires additional floors in Shanghai tower office
It now owns about 85% of the BEA Finance Tower’s floor area, it said.
Dah Sing Banking Group profit up 20% to $316.45m in 2025
Contribution from the Bank of Chongqing climbed 8% during the year.
Commentary
Perth is emerging as an unlikely testbed for the future of global finance
Buy now, worry later: The hidden cost of BNPL