News
Macquarie Group to handle earnings drop following business sales to Nomura
Macquarie Group to handle earnings drop following business sales to Nomura
Businesses in other markets should offset a drop in earnings in some businesses.
Mizuho joins initiative to promote sustainable aviation fuel adoption in APAC
It is the only Japanese company amongst founding members.
Hang Seng Bank launches cross-boundary wealth centre at Central branch
The Hong Kong-based bank has seen an 80% rise in new account openings for retail mainland customers.
UOB maintains profitability despite possible slower loan growth
Management sees demand for hedging, particularly for foreign exchange.
Japan’s SMBC is buying a 20% stake in India’s Yes Bank
Yes Bank is India’s sixth-largest private sector commercial bank in India.
Ashika Credit Capital to consolidate two businesses and launches new subsidiary
Its new subsidiary will focus on Category II alternative investment funds.
Mizuho signs MOU with Abu Dhabi Investment Office
Mizuho plans to support clients interested in expanding into the UAE.
What will drive Indonesia’s credit card market to a 9.8% CAGR?
In 2024, the market saw a 7.8% rise in value.
Australia's card acquiring market to grow 5.5% in 2025
This marks a slower pace of expansion compared to previous years.
Cake Digital Bank’s facial biometrics clinches highest-level ISO certification
Its system verifies without need for interaction such as blinking or facial gestures.
DBS Hong Kong unveils new membership tier for treasuries clients
Clients can enjoy brokerage fees starting at just 0.1%.
China’s XTransfer granted electronic money institution license in the Netherlands
They plan to expand services across 30 countries in Europe.
Jeju Bank will still have Shinhan FG support despite diluted stake
The Korean bank will expand its business outside of Jeju Island, says Moody’s.
DBS adds extra toggle when adding cards to mobile wallets
This creates a “deliberate pause” for users to verify their intention, the bank said.
Sea rebrands digital finance business SeaMoney to Monee
It has also opened a new headquarters for its digital finance operations.
OCBC’s net profit rose 5% to S$1.88b in Q1 2025
Earnings per share is S$1.68 for the quarter.
Australia launches new license application portal
It has automatic pre-filling of application details.
Commentary
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