News
Citi expands JANA and Asia South teams with new senior hires
Citi expands JANA and Asia South teams with new senior hires
In-house banker Adrian Khoo has been named co-head of DCM for JANA and Asia South.
Financial institutions boost engagement with digital transformation
Banks focus on trust, transparency, and security in digital self-service.
Malaysian banks’ has healthy liquidity buffers, lower impaired loans in June
Aggregate liquidity coverage ratio is 160.6%.
Banking Circle S.A. acquires Australian Settlements Limited
Banking Circle offers instant payment technology to payment companies and banks.
RCBC, Visa launch real time payments and money transfer platform in the Philippines
Visa Direct reaches 8.5 billion endpoints in over 190 countries and territories.
BDO Unibank’s earnings trimmed on higher opex and provisions
The bank’s opex rose 14% in Q2, whilst impairment loss provisions climbed 38%.
Financial complaints surpass 100,000 in Australia in 2024-25
Banking and finance related complaints fell 9% on declining scam-related complaints.
Malaysian banks’ loan loss provisioning to rise in Q2 but will be largely stable
GILs rose in May but declined in June, as corporates likely made repayments.
AEON Bank, foodpanda eyes raising digital banking adoption amongst riders, merchants
They will collaborate in customer acquisition and digital financing, amongst others.
HSBC’s Q2 results ‘solid’ despite BoCom loss and Hang Seng’s weak profits
Hang Seng Bank reported higher-than-expected credit losses on Hong Kong real estate.
RHB signs bancassurance deals with Tokio Marine Life, Takaful Malaysia
RHB will distribute life insurance, family takaful, and general takaful products.
SMBC’s profits down 1.5% to $2.5b in Q1 FY3/2026
Net interest income rose, but net trading and other operating income declined.
Mizuho’s profits up 1.2% to $1.93b in Q1 FY2025
MFG has revised its full-year earnings outlook upward.
HSBC’s profits down 30.6% to $11.51b in H1 2025
Revenue declined by 9% to $34.1b during the six-month period.
HSBC GPS names Edmund Lo as regional head of investment counsellors
He first joined HSBC in 2011.
SMBC appoints Joy Kwek to lead capital markets & solutions in APAC
Kwek joins from Morgan Stanley.
Hong Kong’s stablecoin bill boosts wealth management, pressures payments
Stablecoins issued in Hong Kong could increase competition particularly in wholesale payments.
Commentary
Electronic trading proves its strength in times of volatility