News

Bank of Queensland’s tech bet leaves operating performance to chance

The bank may achieve savings— or leave its operating performance structurally weaker.
15 minutes ago

Bank of Queensland’s tech bet leaves operating performance to chance

The bank may achieve savings— or leave its operating performance structurally weaker.
15 minutes ago

Philippine central bank eyes developing local capital markets

It will help make the financial system more resilient, the BSP Governor said.
2 hours ago

New Zealand sets new debt-to-income restrictions in lending

It reduces the amount of high-DTI loans that local banks can lend out.
2 hours ago

Shacom Bank face profit strains amidst elevated asset risk

Moody’s Ratings has changed the bank’s outlook to negative.
2 hours ago

Maybank SG, Fidelity International launch multi-asset fund

The fund is offered in three asset classes and will be made available in Q3 2024.
2 hours ago

China’s measures to fix property slump raises risks for banks

Lower down payments may embolden buyers to walk away, analysts warned.
2 hours ago

BEA offers up to HK$100,000 benefits to new CIES clients

BEA Private Banking will waive selected fees for clients who invest at least HK$30m.
2 hours ago

Korea’s USD deposits decline in April amidst weakening won

Companies reportedly withdrew part of their US dollar deposits.
14 hours ago

Japanese banks’ total assets total $9.12b in March

Deposits in domestic branches were at $6.32t as of end March 2024.
23 hours ago

Fintech Nium chosen to issue virtual cards for HappyEasyGo

Nium is able to fund and issue virtual cards in over 20 local currencies.
23 hours ago

APAC’s top bankers sound alarm over impact of rising living costs

CEOs are optimistic yet cautious, but tout banks’ resilience.
23 hours ago

Australian banks’ dividends to stay flat amidst cash earning pressures

The higher payouts in H1 were to establish shareholders’ confidence, S&P said.
23 hours ago

Maybank’s net income up 9.8% to RM2.49b in Q1

Non-interest income jumped 79.2% and lifted operating income for the quarter.
1 day ago

UOB poised to benefit from growth of SEA's mass affluent segment

UOB has woven partnerships with privilege banking to appeal to the segment.
1 day ago

Krungthai Bank to temporarily shutter Thepprasit Road (Pattaya) branch

This is due to suspension of electrical supply.
1 day ago

Nomura doubles top managers’ pay for FY2024: report

CEO Kentaro Okuda is amongst those who enjoyed higher compensation.
4 days ago

StashAway’s Hong Kong assets expand by 20% in Q1

Majority of their assets are from HNW and emerging HNW clients.
4 days ago