News
Hang Seng Bank changes its board composition
Michael Wu Wei Kuo retired as the Independent Non-executive Director.
Michael Wu takes final bow as Hang Seng Bank's Non-executive director
He also retired as chairman and member of some of the bank's committees.
Improved mortgages to support ANZ’s earnings over the next two years
Net interest margin improved 7bps in the six months ending 31 March 2023.
Australia’s Macquarie Bank’s earnings to rise by retail banking business: S&P
The bank’s parent company will also enjoy income growth from outside Australia.
Bank of East Asia raises standard savings rate to 0.75% pa
It will take effect on Monday, 8 May.
Wealth management industry challenged to rear investors to safe-haven assets
StashAway says 80% of affluent clients are receptive to receiving advisory services from AI and other digital channels.
Natixis CIB Global Markets Leadership Team branches out in Australia
Thomas Moffat and Oscar Austin have been chosen.
Airwallex Hong Kong’s gross revenue grows threefold
Its consumer base also grew more than double.
Australia-based CoinJar lays foot on US grounds
The CEO remains confident despite regulatory risks.
Public Bank raises interest rates by 0.25%
Its standardised base rate will now be 3%, whilst base lending rate is 6.72%.
FWD and SCB add 2 years to Thailand bancassurance contract
The collaboration with SCB has the largest contribution to FWD Thailand’s business.
Citi Securities Services has been appointed by Mason Stevens to provide custody services.
The appointment follows Mason Stevens’ expansion plans.
OCBC upskills 2,000 elderly customers with its Digital Silvers programme
It is increasing its workshops to thrice a week from only twice a month.
Singapore’s Trust Bank exceeds 450,000 customers in 5 months
This comes after the bank onboarded 100,000 people in 10 days after launch.
HSBC posts pre-tax profit of $12.9b, with first quarterly dividend at $0.1 per share
Profits include a provisional gain of $1.5b from SVB Bank UK acquisition in March.
OCBC and RHB co-establish two sustainability-linked solutions
The facility will enable RHB Malaysia to convert its SGD-denominated proceeds to US$.
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