News

DBS Bank teams up with Cohen & Steers for new fund

DBS Bank teams up with Cohen & Steers for new fund

The US firm aims to strengthen its presence in Asia through its new Singapore office.
1 day ago

DBS Bank (Hong Kong) aims to boost cross-border investments

It aims to strengthen cross-border capital flow and help smaller asset managers expand.
1 day ago

Hong Kong’s stablecoin rules set to benefit major banks

Cross-border payments will likely be a key factor in the HKMA’s licensing decisions.
1 day ago

Singapore banks lead globally in AI use for financial crime compliance

Singapore spends US$68.2m per year on AML and KYC operations.
1 day ago

Bank Negara launches upgraded RTGS system for continuous payments

Since 2024, Malaysia’s daily retail payment volume and value have grown by 49% and 22%.
2 days ago

CIMB and Principal expand regional fund offerings for investors

The funds are launched in Malaysia and Thailand.
2 days ago

HKMA warns public of online scams targeting local banks

The Bank of East Asia reported fake websites and internet banking login screens.
2 days ago

Hang Seng Bank upscales sustainability fund by 50% to HK$120b

Since launching in 2024, it has already used over two-thirds of the original HK$80b fund.
2 days ago

ASB Bank agrees to pay $78.89m to settle lawsuit

The bank maintains that “it makes no admission of liability.”
2 days ago

Philippine banks’ outstanding loans expand by 11.2% in August

Loans to non-residents narrowed its decline during the month.
2 days ago

Chinese banks’ interest margins to compress up to 18 basis points in 2025

State-owned banks’ fee income growth is likely to be steady through 2029.
2 days ago

Chinese state banks’ loan growth slows as policy loans lose steam

Growth in policy loans fell below 15% in June 2025, noted by Morningstar.
2 days ago

Rate cuts heighten reinvestment risk for wealthy clients

Investors are seeking growth in equities, crypto, and diversified strategies.
3 days ago

Singapore banks introduce safeguard for large digital withdrawals

Accounts losing over 50% of balance may enter a 24-hour cool-off period.
3 days ago

CIMB unveils new wealth management platform in Malaysia

This is reportedly the first CIO domiciled in Malaysia to serve affluent customers.
3 days ago

SMBC Group establishes offshoring hub in Chennai, India

The offshore hub will ensure stable systems development and operations, the bank said.
3 days ago

NAB has given out $2b in new green business loans

Demand has surged from businesses related to energy, EVs, property, and agriculture.
3 days ago