News

SMBC launches transaction banking brand SMBC Connect

SMBC launches transaction banking brand SMBC Connect

The Japanese megabank is revamping its TB and especially its cash management services.
4 minutes ago

Japan Post Bank flags $27.07b securities losses for FY2026

It does not expect the losses to have any impact on its earnings or annual dividend.
16 minutes ago

JPMorgan and Houlihan Lokey are top M&A financial advisers in Q1: GlobalData

JPMorgan advised $24.7b in deals whilst Houlihan Lokey advised 19 deals.
28 minutes ago

Green SM Laos onboards Umoney e-wallet to payments

The two will develop digital and financial payment solutions for Green SM drivers.
30 minutes ago

Union Bank of the Philippines’ net income doubles to $62.69m in Q1

It noted some trading losses associated with the Iran conflict, however.
35 minutes ago

Bank Mandiri Q1 profit up 16.6% as Agrinas drives loan growth

The bank is prioritising asset quality and underwriting discipline, leading to slower retail loan growth.
3 hours ago

FWD Macau taps Banco Well Link for bancassurance partnership

The offer includes insurance services for high-net-worth individuals.
6 hours ago

Commonwealth Bank of Australia deploys agentic AI to detect scam patterns

It also creates new rules to intercept scams, approved by the bank’s fraud analytics team.
3 days ago

Citi forms new investor group to replace asset managers cluster

Vikram Chavali will continue to lead FSI for JANA and Asia South.
3 days ago

Natixis CIB opens branch in India’s GIFT City

It offers foreign currency denominated structured products and finance, amongst others.
3 days ago

Ant Int’l deploys privacy enhancing technologies in Alipay+

Only encrypted data is transferred to Alipay+ for processing.
3 days ago

CIMB sees no Q1 asset quality hit from oil shock

Direct, first-order impact on its overall portfolio is likely to be contained, according to management.
3 days ago

HDFC Bank profit rises 9% to $2.04b on treasury income gains

But fee income growth is slower than expected.
3 days ago

Fragmented rules and AI push banks to overhaul controls

Governance gaps and rising cyber risks force tighter oversight as AI scales.
4 days ago

Over 2 in 3 APAC adults say financial scams are on the rise: LSEG

Australians are most concerned about scams whilst the Chinese are likeliest to lose money.
4 days ago

SCBX net profit down 18.5% to $316.85m in Q1 on lower interest income

SCBX said it conducted a comprehensive review of the loan portfolios across SCB.
4 days ago