News
Singapore’s investment banking fees rise 31.5% in 9M 2025
Singapore’s investment banking fees rise 31.5% in 9M 2025
ECM underwriting fees and M&A advisory fees have more than doubled.
Singapore’s private banking industry seeks to strengthen philanthropy advisory
They want to enhance advisors’ capabilities related to making philanthropic decisions.
State Street completes transfer of Mizuho’s $850b custody business
Mizuho will collaborate with State Street for global custody and related services.
EFG Bank AG names Robin Heng as vice chairman of SEA
Heng was most recently co-head of private banking at Bank of Singapore.
Westpac mobile app rated best in Australia by Forrester
Actionable recommendations and prompts to avoid fees helped propel it to the top spot.
BofA launches gen AI solution AskGPS using 3,200 internal documents
It is expected to help employees answer client queries faster.
BPI digital platforms unavailable on 4 October 2025
System integration will take place from 8AM to 6PM.
India’s consumer loan market to reach $1t in 2029
Increased disposable income is driving demand for housing, vehicles, and durables.
UOB enables cardholders to redeem rewards at Johor merchants
They can offset bills using their rewards points.
PAObank surpasses HK$8b in customer deposits in Sept 2025
Deposits rose by HK$2b in just three months.
ZA Bank logs interim net profit of HK$49m in H1 2025
Net revenue rose 82.1% and net interest income rose 42.8%, the digital bank said.
MoneyHero relocates Philippine office
About 24% of its unique users monthly are from the Philippines.
HSBC Hong Kong names Industrial Bank as third Mainland WMC partner
HSBC’s Southbound offering includes more than 200 products.
Visa appoints Elaine Chang as group general manager in greater China
Chang previously served as president of Amazon China.
Philippine central bank to halt new digital bank license applications
Applicants have until 30 November 2025 to submit complete applications.
ING posts record half with US$78.8b in sustainable finance deals
APAC made up 13% of all transaction volumes, behind the EMEA and Americas.
UOB teams with CS CDC to deliver financial literacy to SG residents
They will hold workshops and publish financial literacy content.
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1. MAS cracks down on influencers promoting financial products 2. OCBC to enable scan and pay on all China merchant QRs by Q1 2026 3. MAS expands Ripple’s scope of payment activities in Singapore 4. DANA Indonesia launches verified digital wallet for teens 5. HitPay and Visa to expand Philippine SMEs’ payment acceptanceResource Center
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Asian Banking & Finance Fintech Awards 2025 Winner: Bhagavi Sridharan of Aditya Birla Capital Digital
Bhagavi Sridharan explains how the ABCD app offers a seamless, unified experience across diverse financial products.
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Fighting fraud in the digital banking age