News

HSBC and HSBC Life sign Humansa MOU for HNW health planning

HSBC and HSBC Life sign Humansa MOU for HNW health planning

Longer lifespans are forcing HNWIs to rethink wealth succession and protection strategies, the bank said.

CBA onboards FIS to streamline reconciliations

FIS is expected to process over 150 million transactions per day for CBA.

CIMB nabs StanChart Malaysia chief as Singapore and Growth Markets CEO

He spent 15 years working in Singapore, focusing on mergers and acquisitions and leveraged finance.

OCBC NISP’s HSBC IWPD deal may see 48% AUM uplift: analyst

There is minimal overlap between the two banks’ customers.

Syfe hits $10b AUM as investors expand from US-only focus

It achieved group-wide profitability in Q4 2025.

OCBC Q1 profit rises 5% to $1.97b on fee gains

Net interest income fell, but wealth-led gains and higher fees lifted total income.

HSBC unveils invitation-only Privé World Legend Mastercard

A Mastercard-exclusive dining club will launch at the Hong Kong International Airport later in 2026.

Manappuram banks on gold for growth but target "aggressive": CreditSights

Gold lifted loans in both its parent firm and microfinance industry.

Hong Kong’s Mox achieves breakeven in Q1, unveils wealth platform

Mox+ offers preferential FX pricing, enhanced deposit rates, and early access to new products.

UOB's Q1 profit down 4% to $1.1b on lower fee and interest income

Trading and investment income also fell 13% compared to Q1 2025.

BNI's 20.1% loan growth masks weakening private-sector demand

Wholesale segments are lifting up BNI’s loans.

Citi names Raj Rathi as India chief of M&A business

Rathi served as head of strategy and corporate development for an India fantasy sports tech company.

CIMB Thai sells auto financing portfolio to Krungsri

CIMB Group expects CIMB Thai’s ROE to improve to double digits after the sale.

Bank phishing declines but still drives 26% of attacks

Bank services may be becoming increasingly difficult to successfully impersonate.

Krungthai Bank sees costs staying in line as it prepares JV for bad loans

The Thai bank believes that wealth management will drive its income growth through 2028.

Asia-Pacific deal values drop to $127 billion after major tariff shock

Total transaction values plummeted after April trade restrictions forced a summer long freeze in regional merger and acquisition activity.