News

DBS’ ‘superior’ funding franchise a buffer against volatile financial markets

However, problem loans are likely to increase, and profitability will decrease.

DBS CEO Tan Su Shan ranked sixth most powerful woman in business

Tan took the helm in SEA’s largest bank in April 2025.

Vietnam launches co-badged card with Mastercard and six banks

The card can be used in 650,000 points locally and 150 million points globally.

HSBC unveils Tokenised Deposit Service in Hong Kong for treasury management

Ant International is HSBC’s first client to adopt the service.

EastWest modernises retail and corporate operations with SaaS adoption

It expects to benefit the bank’s more than 3 million customers in the Philippines.

RCBC posts ₱1.517t in assets in strong Q1 2025 performance

The report showed a QoQ increase in both solo and consolidated assets. On a solo basis, RCBC’s total assets rose to ₱1.509t.

Australia orders Kalkine to hire consultant for advisory issues

ASIC is concerned that reps may have misrepresented the advice they are giving.

HSBC enhances entrepreneurial wealth proposition in Hong Kong

It has launched two programmes to support businesses and private banking clients.

Airwallex raises US$300m in Series F funding

The company plans to use the funds to expand into Japan, Korea, the UAE, and Latin America.

Citi launches AI tools for Hong Kong employees

One tool can summarise, compare, and translate multiple documents at the same time.

ZA Bank welcomes passage of Hong Kong stablecoins bill

They are engaged in in-depth discussions with several potential stablecoin issuers.

Gov’t greenlights Stablecoins Bill

The bill is expected to come into effect this year.

UnionBank unveils fully digital personal loan application process

Loans can be provided in as fast as 5 minutes upon approval.

Security Bank partners with tax filing platform Taxumo to offer business loans

Loan products include an express loan, mortgage loan, and working capital loan.

SMBC names DBS MD as head of corporate banking for APAC

Joyce Tee brings three decades of experience working in the banking industry.