News

Dah Sing Banking Group profit up 20% to $316.45m in 2025

Contribution from the Bank of Chongqing climbed 8% during the year.

RBI bans non-deliverable INR derivatives

Authorised dealers may still offer deliverable FX derivative contracts.

MUFG breaks ground on new HQ with 2030 target completion

It will have a total floor area of about 169,000 square meters.

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

It named IT transformation a major management priority.

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.