News
OCBC to acquire $6.6b HSBC Indonesia wealth, retail banking business
OCBC to acquire $6.6b HSBC Indonesia wealth, retail banking business
The deal is expected to lift its Indonesian unit’s AUM by about 25%.
MAS pilots cross-bank AI models to detect scam risks
All sensitive data used in the exercise will be permanently deleted once complete.
Citi hires StanChart veteran to lead Hong Kong corporate banking
Anita Li joins Citi in July.
NAB profit falls 19% to $1.98b on large notable items
Net interest income rose by 8.5% whilst total operating expenses hit a 32.47% increase.
Fusion Bank’s loans double in 2025 on mainland firms’ overseas ambitions
Its commercial loan balance rose to HK$2.3b, it said.
Malaysia's $1.3b support package to prevent bad loan spike
The SME sector received similar support during the pandemic era.
Malaysia rolls out $1.26b loan facility to aid SMEs amidst Middle East disruptions
Eligible SMEs can obtain a working capital loan of up to MYR750,000 (about $189,000).
Indonesia banks face tight liquidity through 2026: CreditSights
Higher energy prices will reduce room for fiscal spending, the report said.
DeeMoney CEO says trust will beat acquisition
CEO Phlaphongphanich said the industry is measuring the wrong things.
ANZ posts $2.63b profit for H1 2026 on moderate loan and deposit growth
Its dividend for the period is 83 cents per share.
Ant International launches protocol for agentic mobile payments
It cuts agent-wallet linking steps by 50% of traditional card binding methods.
UOB Hong Kong names Cliff Law as head of corporate banking
Law previously worked at a Hong Kong-headquartered bank.
DBS’ net profit up 1% to S$2.93b in Q1 on record total income
Wealth management growth drove up fee income and treasury customer sales to new highs.
Ping An Bank profit rises 3% to $2.12b in Q1
Retail assets under management rose 1.2% during the quarter, said Ping An.
Bank Central Asia's margin falls in Q1 as wholesale competition weighs
The bank is implied to be sitting on excess liquidity, said UOB Kay Hian.
BDO Unibank’s net income up 6% to $1.42b in 2025
The bank said it is cautiously optimistic despite ongoing headwinds.
Citi hires Bhavin Shukla to lead infrastructure banking in JANA and Asia South
He joins from J.P. Morgan, where he was a managing director.
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Commentary
Built to last: How Japan is approaching the cross-border payments challenge
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance