News

SG banks’ uncertainty ratings revised to low as tariff risks ease

Their uncertainty risks were raised to medium in April 2025.

Citi named primary liquidity provider in RMB repo scheme

It is currently the only American bank of the 11 dealers in the scheme, the bank said.

Gold to hard-carry Bank Syariah Indonesia’s margins

But overall growth will still be lower amidst industry-wide signs of asset quality deterioration.

SMBC invests in fusion energy start-up

It aims to accelerate the establishment of fusion power reactors’ supply chains.

MUFG Bank invests in LayerX

The two first entered into a business alliance in 2024.

Societe Generale Securities fined $2.53m for 33 market gatekeeper failures

Each order was placed within the last two minutes before market close, ASIC said.

SMBC Aviation Capital joins holding company acquiring Air Lease Corporation

SMBC Aviation Capital will have a 4.99% equity interest in the holding company.

Citi names Kaustabh Kulkarni as co-head of JANA and Asia South IB

Kulkarni joins from J.P. Morgan, where he spent 28 years.

Citi and SMRT celebrate 20-year partnership with new card benefits

These include a limited cashback offer for new cardmembers and ringgit savings.

Standard Chartered taps Roger Charles to head CIB sustainability

Roger Charles joins from DBS and brings over 25 years of experience in his new role.

ASIC cancels credit licence of Easy Plan Financial Services

The CSLR had to pay $84,600 on behalf of Easy Plan.

NAB names Inder Singh as group CFO and group executive, strategy

He joins NAB in March of 2026, whilst Shaun Dooley returns to his group CRO role.

Most HNWIs prefer hybrid model in wealth services: survey

Nearly 40% said they are interested in attending physical investment seminars.

Agricultural Bank of China may receive capital support in 2026

It is also expected to attract higher quality clients from smaller banks, says S&P.

Futu opens largest HK store, rolls out institutional & private wealth service center

The 7,000 square feet flagship store in Causeway Bay spans two floors.