News

Cambodia's Canadia Bank expands to Hong Kong

Cambodia's Canadia Bank expands to Hong Kong

The group has a total asset of $116.7b (US$15b) and a total of 17,500 employees.

APAC faces rising cyber threats as AI fuels fraud

Experts warn APAC banks must balance compliance with innovation.

SEA, China’s GBA emerging as key sustainable finance hubs

Sustainability-focused assets in the region reached $220b in H1 2025.

Stripe Capital to launch in Australia

Over 1 million users in the ANZ region now run on Stripe, the company said.

Hong Kong banks lift H1 profits on non-interest income growth

The four banks’ net interest margins are expected to improve in H2 2025.

Ant Int’l and e-wallets launch partnership for enhanced protection

Ant International, alongside e-wallets and payment firms in Asia, have launched the Digital Wallet Guardian Partnership with the goal of strengthening protection of global wallet payments.

ANZ’s Markets MD Anshul Sidher departs from the bank

Michael Peric and Trevor Vail have been tasked to temporarily lead the markets business.

ANZ to lay off 3,500 staff, reduce services contractors engagement

It expects a restructuring charge of $560m before tax in H2 2025.

New Zealand seeks feedback on liquidity framework and new CLF

It proposes changes for open market operations, such as reducing the max tenor.

CZBank Shanghai, XTransfer ink agreement for cross-border finance

The two will jointly offer cash management services to Chinese foreign trade enterprises.

Australia’s ASIC inks MOU with India to enhance cooperation arrangements

They aim to facilitate mutual assistance and information sharing, amongst others.

SCB EASY app adjusts maximum daily transaction limit

Transactions included are transfers to other SCB accounts, accounts to other banks, etc.

CIMB names new growth markets, Singapore unit chief

Victor Lee Meng Teck has resigned and will be on “gardening leave.”

India’s Bank of Baroda teams up with SIDBI to back MSE sustainability

It is part of the bank’s efforts to foster a greener and more sustainable future.

ING expands eFX capabilities, sets up regional trading hub in Singapore

It is investing in advanced algorithm capabilities and direct API integration.