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RCBC posts ₱1.517t in assets in strong Q1 2025 performance
RCBC posts ₱1.517t in assets in strong Q1 2025 performance
The report showed a QoQ increase in both solo and consolidated assets. On a solo basis, RCBC’s total assets rose to ₱1.509t.
Australia orders Kalkine to hire consultant for advisory issues
ASIC is concerned that reps may have misrepresented the advice they are giving.
HSBC enhances entrepreneurial wealth proposition in Hong Kong
It has launched two programmes to support businesses and private banking clients.
Airwallex raises US$300m in Series F funding
The company plans to use the funds to expand into Japan, Korea, the UAE, and Latin America.
Citi launches AI tools for Hong Kong employees
One tool can summarise, compare, and translate multiple documents at the same time.
ZA Bank welcomes passage of Hong Kong stablecoins bill
They are engaged in in-depth discussions with several potential stablecoin issuers.
Gov’t greenlights Stablecoins Bill
The bill is expected to come into effect this year.
UnionBank unveils fully digital personal loan application process
Loans can be provided in as fast as 5 minutes upon approval.
Security Bank partners with tax filing platform Taxumo to offer business loans
Loan products include an express loan, mortgage loan, and working capital loan.
SMBC names DBS MD as head of corporate banking for APAC
Joyce Tee brings three decades of experience working in the banking industry.
Mizuho to make additional $4.74m cash contribution into Trust company
It plans to acquire a maximum of 197,000 shares.
HDFC Bank revamps Biz+ Current Accounts with four tiers
It offers businesses cash deposit limits, insurance, and special offers, amongst others.
Mizuho teams up with Mercer to offer outsourced CIO services in Japan
Mizuho’s Asset Management One will provide the services.
Citi strengthens ANZ team with Jefferies, JP Morgan, Credit Agricole hires
Paul Buys joins from Canaccord Genuity as head of research for Australia and New Zealand.
BofA sees 60% surge in QR sign-ups for CashPro platform
CashPro has surpassed 2 million users globally.
Hang Seng Bank’s credit card holders can use +FUN Dollars at 150,000 merchants
Customers can earn extra +FUN Dollars of up to HK$1,200 in value.
Weaker rupiah won’t weight much on Indonesian banks
There is a limited mismatch between their deposits and FX loans, says Fitch.
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1. Hang Seng unveils MTR Jordan Station Retail Banking Centre 2. Malaysia fines Maybank Islamic for info submission lapses 3. Malaysia fines two banks for non-compliance with AML/ CFT requirements 4. HSBC Malaysia penalized $690,000 for customer screening non-compliance 5. HSBC, Allianz Life launch wealth growth and life protection plan in MalaysiaResource Center
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
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Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?