News

DBS faces credit cost spike on Autobahn exposure

Singapore largest bank holds an estimated S$102.6m in loan exposure to the car leasing firm

PH central bank warns public against scammers posing as employees

The BSP will never ask the public to transfer funds from their accounts, it said.

BOCHK capitalisation strong but property risks remain

Fee income and treasury income will support its profitability through mid-2027.

PAObank uses PCS to replace traditional freight documentation

PAObank is the first digital bank to participate in the commercial data interchange initiative.

Bank of Singapore appoints OCBC veteran as global CFO

Collins Chin worked at OCBC for over 16 years before taking on this new role.

Unmet trade demand hits $2.5t despite increased SME support

FIs report 80% of banks anticipate demand to climb as trade shifts. 

HSBC targets cross-border wealth with veteran Asia hires

William Fok returns to lead Thailand operations.

Deutsche Bank Malaysia appoints first female chair, new non-executive director

The appointees bring expertise in finance, audit, risk, governance, policy.

Bank of America's 2025 earnings jump 19% to $30.5b

Q4 net income rises 12% to $7.6b as the bank caps record year.

HSBC says 'no decision' made in Singapore insurance review

HSBC said Singapore stays a priority market for wealth and wholesale growth.

Apple Pay opens China Visa cards as NFC hits 79%

The rollout starts with ICBC BOC ABC BoCom CMB CITIC Ping An and Industrial Bank.

Three Singapore banks pull $3.0b in net retail inflows

DBS Group Holdings was the largest recipient of net retail inflows.

Banks pour into digital asset infrastructure, Sygnum says

Self custody could shift $300b off platforms by end 2026.

Finance Ministry raises idle fund bank cap to 60%

After that, the funds will remain in banks until maturity.

Indonesia’s Jalin targets payment fraud with BPC tie up

Jalin will expand its utilisation of BPC tech for real-time fraud monitoring.

Korean banks’ loans contracted in December as banks guarded capital ratios

SME loans fell as banks slowed down lending for their capital adequacy ratios.