News
HSBC fined HK$4.2m for disclosure breaches in research reports
HSBC fined HK$4.2m for disclosure breaches in research reports
It is estimated to have affected disclosures in over 4,200 reports.
StanChart, Ant, Swift launch bank-to-wallet payments using ISO 20022
The first transaction was completed between a StanChart account and an e-wallet.
CBA names Belinda Allen as new head of Australian Economics
Allen is tasked with the bank’s Australian economic forecasts, amongst others.
Ping An Bank past the worst point for net profit growth: analysts
Net profit decline in Q2 was narrower than recorded in Q1.
NAB to require facial biometrics for new customers
Customers will be required to scan an identification document and face match.
SMBC builds Africa presence with four new collaborations
It aims to support trade and investment, financing, and alleviate food shortages, it said.
ANZ prevented, recovered over A$100m in scam and fraud-related funds
Its customers' financial losses to scams fell by 15%, the bank said.
Bank Islam Malaysia profit misses analyst estimates on higher provisions
Fee income lifted operating revenue but was offset by loss provisioning and overheads.
Tazapay nabs fresh funding from Series B round
The cross-border payments firm will also expand to Japan.
Wealthtech serves Hong Kong’s underserved affluent investors
Digital platforms open private markets and lower entry barriers.
Citi Commercial Bank names Galvin Phua as head of markets solutions
He will drive the strategy for market solutions for CCB clients in Asia South and North.
Mastercard names Richard Wormald as new APAC president in 2026
Paul Monnington will take over Wormald’s role as Australasia division president.
China CITIC Bank Int’l, Hang Seng Bank support offshore RMB repo reforms
CNCBI has completed the first batch of transactions, it said.
StanChart, Ant Int’l introduces AI powered treasury and FX solution
It aims to lower FX costs and enhance risk management for Ant Int’l and its clients.
Atome Financial’s operating income up 63% to $236m in 2024
As of Q2 2025, annualised net revenue has surpassed $500m, it said.
Bendigo and Adelaide Bank expected to maintain stable credit quality
The bank’s credit losses are expected to remain low over the next two years.
JCB, BNI launch corporate card for Japanese corporations in Indonesia
This is JCB’s first corporate card product in Indonesia.
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1. Singapore banks introduce safeguard for large digital withdrawals 2. SMBC Group establishes offshoring hub in Chennai, India 3. Singapore banks lead globally in AI use for financial crime compliance 4. Private lenders step in as Hong Kong banks cut real estate loan growth 5. CIMB unveils new wealth management platform in MalaysiaResource Center
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Asian Banking & Finance Retail Banking Awards 2025 Winner: Kwong Wah Eric Fan of Shanghai Commercial Bank
Kwong Wah Eric Fan of Shanghai Commercial Bank highlights how the company drives fintech growth through digital transformation.
Commentary
Electronic trading proves its strength in times of volatility