News
SMBC invests in fusion energy start-up
SMBC invests in fusion energy start-up
It aims to accelerate the establishment of fusion power reactors’ supply chains.
MUFG Bank invests in LayerX
The two first entered into a business alliance in 2024.
Societe Generale Securities fined $2.53m for 33 market gatekeeper failures
Each order was placed within the last two minutes before market close, ASIC said.
SMBC Aviation Capital joins holding company acquiring Air Lease Corporation
SMBC Aviation Capital will have a 4.99% equity interest in the holding company.
Citi names Kaustabh Kulkarni as co-head of JANA and Asia South IB
Kulkarni joins from J.P. Morgan, where he spent 28 years.
Citi and SMRT celebrate 20-year partnership with new card benefits
These include a limited cashback offer for new cardmembers and ringgit savings.
Deutsche Bank, StanChart close $184m loan for satellite developments
The loan finances the THAICOM 10 Satellite Project.
Standard Chartered taps Roger Charles to head CIB sustainability
Roger Charles joins from DBS and brings over 25 years of experience in his new role.
ASIC cancels credit licence of Easy Plan Financial Services
The CSLR had to pay $84,600 on behalf of Easy Plan.
NAB names Inder Singh as group CFO and group executive, strategy
He joins NAB in March of 2026, whilst Shaun Dooley returns to his group CRO role.
Most HNWIs prefer hybrid model in wealth services: survey
Nearly 40% said they are interested in attending physical investment seminars.
Agricultural Bank of China may receive capital support in 2026
It is also expected to attract higher quality clients from smaller banks, says S&P.
Futu opens largest HK store, rolls out institutional & private wealth service center
The 7,000 square feet flagship store in Causeway Bay spans two floors.
Total deposits in Hong Kong inch up 0.2% in July
Hong Kong dollar deposits fell but foreign currency deposits rose.
QCP Trading granted major payment institution licence in Singapore
It can now offer spot DPT trading services to institutional clients.
Malaysia’s CIMB Bank reports 2.77% lower profit in H1 2025
Basic earnings per share is MYR46.69 for the period.
ABN AMRO Clearing Bank granted restricted banking licence in Hong Kong
There are now 16 restricted licence banks in the city.
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02
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Asian Banking & Finance Fintech Awards 2025 Winner: Bhagavi Sridharan of Aditya Birla Capital Digital
Bhagavi Sridharan explains how the ABCD app offers a seamless, unified experience across diverse financial products.
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Fighting fraud in the digital banking age