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Weekly Global News Wrap: Intesa bids $35b for MPS; Maybank books $4.9b in Johor-SG SEZ
Weekly Global News Wrap: Intesa bids $35b for MPS; Maybank books $4.9b in Johor-SG SEZ
And British banks want closer ties with the EU, a lobbying body said.
10 hours ago
Citibank Singapore offers Citigold clients one-day Porsche test drives
Citibank Singapore offers Citigold clients one-day Porsche test drives
They can also have a light breakfast, and a 60 to 90 minute accompanied test drive.
10 hours ago
New Zealand to let all deposit takers call themselves banks
New Zealand to let all deposit takers call themselves banks
Non-bank deposit takers will be able to use restricted words by December 2028.
11 hours ago
UBS slashes Asia ESG office by half
UBS slashes Asia ESG office by half
Its Asia team now has just three employees, sources said.
11 hours ago
Bangkok Bank launches café-branch hybrid
Bangkok Bank launches café-branch hybrid
It has an exclusive menu and will offer personal financial planning.
11 hours ago
UOB's potential asset management sale could unlock value for wealth push
UOB's potential asset management sale could unlock value for wealth push
The bank is likely to reinvest any proceeds to enhance its advisory capabilities.
1 day ago
BofA to launch cross-border real-time payments via Swift and CashPro
BofA to launch cross-border real-time payments via Swift and CashPro
It will connect with several real-time payment networks globally.
1 day ago
PH bank lending accelerates to 11.4% in April on business demand
PH bank lending accelerates to 11.4% in April on business demand
Consumer loans continued to show growth but moderated from March levels.
1 day ago
ZA Bank launches Wealth Connect Southbound via Industrial Bank tie-up
ZA Bank launches Wealth Connect Southbound via Industrial Bank tie-up
The individual investment quota under the scheme is up to RMB3m or about US$443,000.
1 day ago
UOB appoints Adaline Zheng as China CEO
UOB appoints Adaline Zheng as China CEO
South Korea country manager George Tung will take over as Hong Kong branch CEO.
1 day ago
India’s UPI goes live at 4.5 million Cambodian merchants
India’s UPI goes live at 4.5 million Cambodian merchants
Indian travellers can now pay via QR payments in Cambodia using their UPI app.
1 day ago
OCBC unveils local physical gold service for institutional clients
OCBC unveils local physical gold service for institutional clients
The bank will offer 12.4kg gold bars alongside 1kg kilobars.
1 day ago
Corporate demand to drive ICICI Bank's 16% loan CAGR
Corporate demand to drive ICICI Bank's 16% loan CAGR
The bank does not face additional stress from the Middle East conflict or the ECL transition.
4 days ago
TenPay Global lets foreigners send remittances to China via WeChat
TenPay Global lets foreigners send remittances to China via WeChat
TenPay’s cross-border remittance platform has over 60 partners globally.
4 days ago
Forum
How exposed are Philippine banks to Iran war?
Debt in oil-sensitive sectors could spill into the banking system.
How can Singapore’s big banks offset weaker lending margins?
Net interest income at DBS, OCBC, and UOB is expected to fall this year.
How will China’s bank restructuring law reshape the industry?
Stronger lenders may acquire stakes in weaker financial institutions.
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Exclusives
Cash Management
Chinese SMEs expand into ASEAN through digital-first model
Consumer goods, digital solutions, and logistics are driving outbound expansion.
1 day ago
Investment Banking
IPOs spur Hong Kong bank hiring rebound
![IPOs spur Hong Kong bank hiring rebound]()
Workforce across 15 lenders fell 0.73% to 74,376 in 2025.
6 days ago
Singapore banks stretch hiring as caution deepens
![Singapore banks stretch hiring as caution deepens]()
Headcount across 15 lenders rose just 0.005% in 2025.
Economy
How are banks strengthening buffers against oil price shocks?
![How are banks strengthening buffers against oil price shocks?]()
China-based banks will likely bear the largest impact.
Lending & Credit
Australia rate hikes may slow lending at major banks
![Australia rate hikes may slow lending at major banks]()
Refinancing activity could rise as borrowers search for cheaper mortgages.
Wealth Management
Wealth clients shift focus from returns to retirement security
![Wealth clients shift focus from returns to retirement security]()
Advisers face pressure to deliver faster service and broader financial planning.
Retail Banking
Standard Chartered and A*STAR lab to boost wealth, battle fraud.
![Standard Chartered and A*STAR lab to boost wealth, battle fraud.]()
The $11.7m tie-up with A*STAR brings together 10 A*STAR researchers to explore wealth support and fraud control.
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Event News
Monitor Deloitte's Prashant Krishnan urged banks to transform their relationship models to meet these demands.
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Most Read
1. Chinese banks climb as HDFC Bank sinks in Q1 2026 rankings 2. IPOs spur Hong Kong bank hiring rebound 3. Chinese SMEs expand into ASEAN through digital-first model 4. UOB's potential asset management sale could unlock value for wealth push 5. OCBC unveils local physical gold service for institutional clientsEvent News
Monitor Deloitte's Prashant Krishnan urged banks to transform their relationship models to meet these demands.
Commentary
Asia’s electronic markets reach an inflection point of transformation
Tokenisation in the Philippines: The consumer is ready, but is the infrastructure?
Asian firms need to get ready for digital assets and currencies
AI can build your plan, but can it hold you to it?
Built to last: How Japan is approaching the cross-border payments challenge