News

Indonesia's Superbank raises $167.06m in IPO

Indonesia's Superbank raises $167.06m in IPO

It will use 70% of the proceeds for working capital and 30% for capital expenditure.
3 hours ago

Mizuho expands further into India with planned Avendus acquisition

Avendus will become a subsidiary of Mizuho Securities.
4 hours ago

DBS gains approval to act as RMB clearing bank in China

DBS can now facilitate onshore China bond trading and provide custody services there.
4 hours ago

Finance, insurance sectors expect strong hiring demand in Q1 2026: survey

India recorded the highest national outlook at 52%.
1 day ago

Which structured finance market in APAC will fare best?

Fitch sees stable to improving asset performance in ANZ and Japan as China slips.
1 day ago

UnionBank names Gauraw Srivastava as wealth head and EVP

Srivastava was previously head of private banking at Vietnam’s VPBank.
1 day ago

UnionBank rolls out payroll account opening solution

Employees can open accounts by scanning a QR code.
1 day ago

SMBC APAC completes first SRT transaction

Its sponsor partners are Blackstone, Stonepeak, and Clifford Capital.
2 days ago

ANZ ex-CEO Shayne Elliot sues the bank

Elliot’s long-term variable remuneration was adjusted to zero for 2025 and 2026.
2 days ago

Philippine credit card startup Zed raises $16.5m in new funding

The company uses AI to underwrite customers.
2 days ago

Jenius partners with Zurich on in app travel insurance offering

Both products can be purchased fully digitally without the use of agents and with minimal documentation.
2 days ago

Syfe achieves group profitability

Its AUM in Hong Kong grew nearly six-fold in 2025.
5 days ago

KBANK sees limited flood impact as interest income pressure looms

Policy rate cuts will lead to net interest income pressures in 2026.
6 days ago

TISCO Bank cautious on 2026 as it scales back high yield lending

It expects net profits to decline in 2025-26, but is confident it can maintain its payout ratio.
6 days ago

Thai Credit Bank eyes double digit loan growth in 2026

It expects to hire more employees to support its larger loan portfolio.
6 days ago

NAB Private Wealth names Alexandra Campbell as new CIO

Campbell will lead the investment strategy across all asset classes and JBWere.

Airwallex secures majority ownership of PT Skye Sab Indonesia

Indonesian merchants wanting to expand overseas can now do so via Airwallex.