News

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.

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%.

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.