China
Fubon Bank to benefit from UOB’s China retail banking exit: S&P
Fubon Bank to benefit from UOB’s China retail banking exit: S&P
Fubon has the economies of scale to get more traction out of the business.
3 days ago
Alipay enables Amex card linking to pay in China
Alipay now enables 7 international card brands to pay in China.
4 days ago
BoCom to prioritize risk control, moderate loan book growth: S&P
Its loan book is projected to grow slower in 2024-2026.
Xtransfer ink MOU to offer cross-border financial services to African SMEs
Xtransfer will make use of Ecobank Group’s network in the continent.
Ant International names Jiang-Ming Yang as chief innovation officer
Yang led development of A+ Rewards, CoPilot, and EasySafePay for Antom.
HSBC cuts Philips’ currency transactions in China
‘Netting’ cut Philips’ cross-border transactions from 4,000 yearly to just one a month.
Weixin Pay users flock to Hong Kong, Japan for Spring Festival holiday
The use of promotions or “mini programs” doubled in Japan.
Alipay+ now connects over 1.6 billion users of 35 e-wallets, banks
The platform recently welcomed Kaspi.kz and BigPay.
Commonwealth Bank to sell stake in Bank of Hangzhou to insurer
The Australian bank could make about A$940m in proceeds.
Deutsche Bank, Yonyou ink MOU to enhance treasury management services
They aim to support the globalization strategies of Chinese enterprises.
Deposits in China rise 6.4% from households, NBFI deposits
RMB deposits rose over 2 trillion dollars from households and NBFIs.
Loans in China rise 7.2% in Dec 2024
Outstanding renminbi loans grew, but foreign currency loans dropped.
Citi names Jeff Wu as head of market sales for China
Wu will relocate to Shanghai.
China’s investment banking fees fall to lowest in 5 years
Only DCM underwriting fees saw growth.
Global banking industry faces headwinds amidst shifting monetary, political landscapes: BOC
It is expected to see pressures on profit growth and uneven expansion.
Embracing Change and Capturing Opportunities with Insights from Leading Chinese Banks
Banking Reimagined: Embracing Change and Capturing Opportunities with Insights from Leading Chinese Banks.
Ant Int’l sees growth in 4 divisions, Alipay+ holds 1.6 billion users
Cross-border transactions processed via Alipay+ tripled year-on-year in 2024.
Thought Leadership Centre
In Association with
Most Read
1. Manulife, Maybank unveil new retirement investment plan 2. CTBC Bank Philippines revamps online corporate banking portal 3. Fubon Bank to benefit from UOB’s China retail banking exit: S&P 4. OCBC leads regional sustainable finance rankings in 2024 5. Enhanced bourse appeal may lift Singapore’s investment banking spaceResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Aug
28
Events
Event News
They are struggling because their pricing strategy is not transparent and too reactive.
Commentary
Navigating the Future: Banking Supervision and Risk Management in Asia in 2025
Fighting Back: How the Philippines is Addressing the Surge in Fraud