News

OCBC NISP’s HSBC IWPD deal may see 48% AUM uplift: analyst

There is minimal overlap between the two banks’ customers.
17 minutes ago

Syfe hits $10b AUM as investors expand from US-only focus

It achieved group-wide profitability in Q4 2025.
3 hours ago

OCBC Q1 profit rises 5% to $1.97b on fee gains

Net interest income fell, but wealth-led gains and higher fees lifted total income.
6 hours 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.
1 day ago

Manappuram banks on gold for growth but target "aggressive": CreditSights

Gold lifted loans in both its parent firm and microfinance industry.
1 day 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 day 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.
1 day ago

CIMB's Thai auto sale frees $331.21m and improves profitability

CIMB Thai has been a drag to its parent company.
1 day ago

BNI's 20.1% loan growth masks weakening private-sector demand

Wholesale segments are lifting up BNI’s loans.
1 day 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.
1 day ago

CIMB Thai sells auto financing portfolio to Krungsri

CIMB Group expects CIMB Thai’s ROE to improve to double digits after the sale.
1 day ago

Bank phishing declines but still drives 26% of attacks

Bank services may be becoming increasingly difficult to successfully impersonate.
1 day ago

Krungthai Bank sees costs staying in line as it prepares JV for bad loans

The Thai bank believes that wealth management will drive its income growth through 2028.
1 day 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.
2 days 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%.
3 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.
3 days ago