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Global News Wrap Up: Turkish banks struggle under growing bad loans; Societe Generale eyes cutting 1,600 jobs
Global News Wrap Up: Turkish banks struggle under growing bad loans; Societe Generale eyes cutting 1,600 jobs
And Standard Chartered slapped with $1.1b fine for sanction violations.
Here's the impact of deposit insurance scheme on Chinese banks
See which banks will edge out.
China banks' total social financing reaches record high of RMB15.8t
Loosening monetary conditions continue.
BDO not in a hurry to tap fresh capital for lending
BDO is not in a rush to tap fresh capital for its lending business, since it has adequate funds.
China UnionPay expands business in Nepal
China UnionPay cards will now be accepted in by all automatic teller machines and point-of-sales machines owned by Nepal's Himalayan Bank.
CBA claims BankWest takeover helped Australian economy
The Commonwealth Bank of Australia says its acquisition of BankWest maintained public and investor confidence in the stability of the Australian financial system.
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1. Leading banks, financial companies lauded at Asian Banking & Finance Awards 2025 2. UOB acknowledges penalty for anti-money laundering breaches 3. Exceptional fintech leaders, innovations honoured at Asian Banking & Finance Fintech Awards 2025 4. OCBC Bank (Malaysia) Berhad recognised at Asian Banking & Finance Wholesale Banking Awards 2025 5. Revolut partners with Ant Int’l to enable transfers to China via AlipayResource Center
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The financial institution bagged the ASEAN SME Bank of the Year, SME Bank of the Year - Hong Kong, and SME Bank of the Year - Indonesia.
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Beyond the code: How mobile banking is weaving a new financial narrative in Asia