News

DBS faces credit cost spike on Autobahn exposure

DBS faces credit cost spike on Autobahn exposure

Singapore largest bank holds an estimated S$102.6m in loan exposure to the car leasing firm
6 hours ago

PH central bank warns public against scammers posing as employees

The BSP will never ask the public to transfer funds from their accounts, it said.
6 hours ago

BOCHK capitalisation strong but property risks remain

Fee income and treasury income will support its profitability through mid-2027.
7 hours ago

PAObank uses PCS to replace traditional freight documentation

PAObank is the first digital bank to participate in the commercial data interchange initiative.
8 hours ago

Bank of Singapore appoints OCBC veteran as global CFO

Collins Chin worked at OCBC for over 16 years before taking on this new role.
8 hours ago

Unmet trade demand hits $2.5t despite increased SME support

FIs report 80% of banks anticipate demand to climb as trade shifts. 
3 days ago

HSBC targets cross-border wealth with veteran Asia hires

William Fok returns to lead Thailand operations.
3 days ago

Deutsche Bank Malaysia appoints first female chair, new non-executive director

The appointees bring expertise in finance, audit, risk, governance, policy.
3 days ago

Bank of America's 2025 earnings jump 19% to $30.5b

Q4 net income rises 12% to $7.6b as the bank caps record year.
3 days ago

HSBC says 'no decision' made in Singapore insurance review

HSBC said Singapore stays a priority market for wealth and wholesale growth.
3 days ago

Apple Pay opens China Visa cards as NFC hits 79%

The rollout starts with ICBC BOC ABC BoCom CMB CITIC Ping An and Industrial Bank.
3 days ago

Three Singapore banks pull $3.0b in net retail inflows

DBS Group Holdings was the largest recipient of net retail inflows.
3 days ago

Banks pour into digital asset infrastructure, Sygnum says

Self custody could shift $300b off platforms by end 2026.
3 days ago

Finance Ministry raises idle fund bank cap to 60%

After that, the funds will remain in banks until maturity.
3 days ago

Indonesia’s Jalin targets payment fraud with BPC tie up

Jalin will expand its utilisation of BPC tech for real-time fraud monitoring.
4 days ago

Korean banks’ loans contracted in December as banks guarded capital ratios

SME loans fell as banks slowed down lending for their capital adequacy ratios.
4 days ago

Philippine bank lending rose 10.3% on business, consumer loans

Outstanding loans to consumers grew at a slower rate, however.
4 days ago