News
Philippine bank lending surges 11.7% to $281b by end-2025
Philippine bank lending surges 11.7% to $281b by end-2025
Loan loss coverage ratio coverage is 97.2%.
14 minutes ago
HSBC unveils invitation-only Privé World Legend Mastercard
A Mastercard-exclusive dining club will launch at the Hong Kong International Airport later in 2026.
27 minutes ago
Manappuram banks on gold for growth but target "aggressive": CreditSights
Gold lifted loans in both its parent firm and microfinance industry.
1 hour ago
Hong Kong’s Mox achieves financial breakeven in Q1, unveils wealth platform
Mox+ offers preferential FX pricing, enhanced deposit rates, and early access to new products.
1 hour ago
UOB's Q1 profit down 4% to $1.1b on lower fee and interest income
Trading and investment income also fell 13% compared to Q1 2025.
2 hours ago
CIMB's Thai auto sale frees $331.21m and improves profitability
CIMB Thai has been a drag to its parent company.
17 hours ago
BNI's 20.1% loan growth masks weakening private-sector demand
Wholesale segments are lifting up BNI’s loans.
18 hours ago
Citi names Raj Rathi as India chief of M&A business
Rathi served as head of strategy and corporate development for an India fantasy sports tech company.
19 hours ago
CIMB Thai sells auto financing portfolio to Krungsri
CIMB Group expects CIMB Thai’s ROE to improve to double digits after the sale.
19 hours ago
Bank phishing declines but still drives 26% of attacks
Bank services may be becoming increasingly difficult to successfully impersonate.
19 hours ago
Krungthai Bank sees costs staying in line as its prepares JV for bad loans
The Thai bank believes that wealth management will drive its income growth through 2028.
19 hours ago
Asia-Pacific deal values drop to $127 billion after major tariff shock
Total transaction values plummeted after April trade restrictions forced a summer long freeze in regional merger and acquisition activity.
1 day ago
OCBC to acquire $6.6b HSBC Indonesia wealth, retail banking business
The deal is expected to lift its Indonesian unit’s AUM by about 25%.
2 days ago
MAS pilots cross-bank AI models to detect scam risks
All sensitive data used in the exercise will be permanently deleted once complete.
2 days ago
Citi hires StanChart veteran to lead Hong Kong corporate banking
Anita Li joins Citi in July.
2 days ago
NAB profit falls 19% to $1.98b on large notable items
Net interest income rose by 8.5% whilst total operating expenses hit a 32.47% increase.
2 days ago
Fusion Bank’s loans double in 2025 on mainland firms’ overseas ambitions
Its commercial loan balance rose to HK$2.3b, it said.
2 days ago
Commentary
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance
Buy now, worry later: The hidden cost of BNPL