News
Singapore probing banks’ involvement in $1.75b money laundering scandal: report
Singapore probing banks’ involvement in $1.75b money laundering scandal: report
MAS says it's "too early to tell" if FIs involved adhered to ML requirements or not.
AIIB’s members tally 109
Member countries accumulate about 81% of the global population.
Deutsche Bank increases South Korean capital
The bank added EU150m in capital allocation for its Seoul branch.
Funding Socities | Moldaku raises $27m in debt
AlteriQ Global, Augment Capital Partners, and Orange Bloom participated in the fund raising.
RHB Islamic Bank targets $1.28b in wealth management by 2026
Its new Visa multi-currency card and new Islamic wealth portal will help achieve this goal.
ANZ pays A$15m fine for excessive credit card advance fees
ANZ reportedly breached the ASIC Act and the National Consumer Credit Protection Act.
Standard Chartered boosts cash management offering with multibank connectivity service
It offers real-time visibility, access, and control of cash holdings to companies.
New M&A head has been appointed for Natixis CIB SEA, India
Abbas Rangwala will report to Miranda Zhao.
Singapore named Asia’s top fintech hub, fourth globally
The Lion City attracted the highest level of VC investments, offering regulatory stability.
Australia looking to tap potential of AT1 bonds
This exploration will alleviate any potential risks that may dawn the banking sector.
RMB on the lookout for new bancassurance partner: report
Deal could be worth over RM1b, sources said.
S.K.’s FSC raises KRW73.8t in policy funds for venture capital in FIs
This exceeded the initial supply plan of 66.7% by August and achieved 80.4% of the annual target.
Thailand’s TMB Thanachart Bank to see higher profits in Q3
Net profit is expected to come at around $117.5m, 14% higher than a year ago.
DBS clinches most investment banking fees in Singapore
Deutsche Bank is the top bank for M&As, whilst Citi took the largest share for ECM underwriting.
Singapore’s investment banking fees decline on fewer M&As
Banks also recorded lower DCM fees compared to the first nine months of 2022.
Australia’s NAB fiend A$2.1m for wrongfully charging fees: report
Over 3,000 customers were affected.
CIMB Philippines triples revenue, doubles loan portfolio in H1
The digital-only bank now has 7.13 million customers in total.
Thought Leadership Centre
Most Read
1. OCBC targets 100 senior leaders to be ICF ACC accredited by 2027 2. GCash launches tap to pay for 150 million Mastercard locations 3. CIMB Singapore unveils FlexiPay loan with flexible SME repayment terms 4. GXS Bank rolls out money lock feature 5. HKMA study identifies AI and data analytics as key banking skillsResource Center
Read Here
Advertise
Sign Up
Event News
Asian Banking & Finance Fintech Awards 2025 Winner: Lester Cruz of Singlife Philippines
Lester Cruz, CEO of Singlife Philippines, shares how the Singlife Plan & Protect app reimagines the full customer journey.
Commentary
Show, don’t tell: Asian banks need to prove simplification works – here’s how
What kids without wallets can teach us about the future of finance
What is best practice when setting up an in-house bank?
How technology and regulation are reshaping the lending landscape