News
Citi and SMRT celebrate 20-year partnership with new card benefits
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.
Hong Kong’s mortgage loan applications, approvals rose in July
Mortgage loans for primary market and secondary market transactions both increased.
Citi sees APAC convertible/ exchangeable bond issuance hitting record high
Further brisk issuance in H2 2025 will push volumes to highest on record, the bank said.
Sunshine Insurance GWP grows 5.7% YoY in H1
Net profit attributable to the parent also grew by 7.8% YoY to $3.7b.
Higher interest rates, fees lifts MUFG’s profitability
Earnings contribution from subsidiary banks will also support its profitability.
Maybank’s net profit up 4% to $1.23b in H1
Loans increased in Malaysia and Singapore but fell in Indonesia.
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