News
Commonwealth Bank of Australia completes stake sale in Bank of Hangzhou
Commonwealth Bank of Australia completes stake sale in Bank of Hangzhou
CBA received approximately $940m, and CET1 ratio was raised by 17 basis points.
4 minutes ago
Shenzhen Rural Commercial Bank’s returns to decline slightly through 2026
Net interest margin and loan pressures will weigh on the bank’s asset quality.
18 minutes ago
Citi clinches ANZ banker as new head of markets for Indonesia
Benny Aroeman has also worked in DBS, HSBC, and Deutsche Indonesia previously.
40 minutes ago
Deutsche Bank names corporate coverage head for MEA
Majed Julfar will act as the bank’s most senior representative in the UAE.
48 minutes ago
DBS surpasses US$100m market cap
The bank’s market cap is over S$129.35b according to data from the SGX.
54 minutes ago
BNPL firm Atome secures $75m facility from Lending Ark
Lending Ark has invested over $1b in Asia.
1 day ago
Digital token firms serving foreign clients must obtain a license: MAS
Without a license, they will need to cease operations by 30 June.
1 day ago
BoCom Hong Kong profitability lifted by interest and fee income
The growth of its wealth management business will benefit fee income, says Moody’s
1 day ago
AIA names HSBC chairman Mark Tucker as next chairman and director
Tucker will step down from his HSBC role on 30 September 2025.
1 day ago
MoneyHero expands wealth product offerings with OSL partnership
Users can now compare digital asset account products.
1 day ago
SMBC clinches approval to open branch in Bengaluru, India
This is the Japanese megabank’s fifth branch in the country.
1 day ago
Citi to slash 3,500 jobs in China
Layoffs will affect its global tech solution centres in Shanghai and Dalian.
1 day ago
OCBC backs Great Eastern delisting bid with S$0.9b exit offer at EGM
The offer is priced at $23.52 per share.
1 day ago
GCash offers free insurance with mobile load purchases via GInsure
Eligible users can receive up to $540.
1 day ago
Citi ANZ names John McLean as head of ECM and GAM
McLean will relocate from Singapore to Sydney, Australia.
5 days ago
RCBC partners with MoneyHero to enhance credit card services
RCBC’s card products will be integrated in Money Hero’s digital platform.
5 days ago
Digital wealth platform Syfe raises $80m in series C funding round
It now has over $10b in assets, it said.
5 days ago
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1. OCBC backs Great Eastern delisting bid with S$0.9b exit offer at EGM 2. HSBC, Allianz Life launch wealth growth and life protection plan in Malaysia 3. ANZ names Stephen White as group executive operations 4. Citi to slash 3,500 jobs in China 5. OCBC, Ant Int’t to deliver embedded financial services to Indonesian SMEsResource Center
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
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Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?