News

SMFG targets 15% ROTE with new medium-term plan and vision

It named IT transformation a major management priority.
4 days ago

Airwallex clinches e-money issuing and Class A licenses in Malaysia

The company plans to double its headcount in Malaysia.

Union Bank of Taiwan and Bank SinoPac enable JCB contactless payments

JCB cards can be used for public transportation in Japan and in overseas markets.

AEON Credit’s profit climbs 16.9% as impairments and costs fall

Sales growth was due to marketing programmes and tele-marketing activities, it said.

Philippine bank lending accelerates to 9.5% growth in February

Loans for residents and business activities expanded during the month.

Mizuho Bank completes merger with research & tech unit

Research and consulting functions are now under the Mizuho Research Institute brand.

MUFG to build models for film and animation loans

MUFG will design models for valuation and completion guarantees needed to secure loans.

Finance sector ranks second in Singapore retrenchment rate

Only information and communications ranked higher.

Vietnam banks leverage data, AI, and digital trust to capture customers

Timo and HD Bank focus on engagement, analytics, and AI to differentiate in a crowded market.

HSBC names new mainland China wealth heads

The bank saw wealth invested assets rise 37% in 2025.

Australia to scrap card surcharges in October

The RBA noted businesses charging the same rate on all cards.

Governance and trust to drive Vietnam’s financial sector growth

Banks and insurers face pressure to strengthen oversight and rebuild market confidence.

Citi Investor Service appointed ETF custodian of Fullgoal’s first Hong Kong ETF

ETF average daily turnover in Southbound Stock Connect reached HK$3.9b in 2025.

StanChart taps Deutsche Bank veteran as it unifies two CIB services

Ole Matthiessen will lead the unified global transaction services and digital assets team.

Vietnam lenders shift to behavioural data to judge loan applicants

They measure the sales, staff numbers, and inventory turnover in SMEs, for example.