News
China’s ICBC still world’s most valuable bank brand: study
China’s ICBC still world’s most valuable bank brand: study
Brand value went up 10% during the year.
BC Payments clinches in-principle approval for MPI license in Singapore
The company plans to double its Singapore headcount over the next year.
DBS is 5th most valuable bank brand in APAC: study
Its brand value rose 56% to $17.2b.
OCBC unveils AI stock picker in Hong Kong
AI Oscar will send regular trading ideas on HK stocks via email to customers.
Rising compliance costs threaten cloud savings for banks
Southeast Asia’s cloud adoption grows, but rising compliance costs may negate savings, especially for smaller firms.
India and Nepal orgs ink MOU to develop investment banking sector
The MoU will be in effect for a period of 3 years.
HSBC nabs Deutsche banker for North Asia and HK head of Global Private Banking
She joins from Deutsche Bank.
Weekly Global News Wrap: UBS mulls HQ shift; Sabadell demands gov’t transparency
And France’s Credit Mutuel Alliance Federale is buying Oldenburgische Landesbank.
Bain Capital buying 18% stake in Manappuram Finance for $508m
The deal may close in Q2 or Q3 of the 2026 financial year.
Vietnam extends supply chain finance program to 2030 to support SMEs
The second phase will focus on assisting Vietnam’s regulatory agencies.
HDFC Bank now accepting deposits under India’s savings scheme for seniors
HDFC will act as an agency bank and help source scheme deposits.
RBI Governor tells urban cooperative banks not to break depositors’ trust
Malhotra stressed the importance of maintaining high standards for customer service.
India’s central bank names new executive director
Shri Indranil Bhattacharya will look after the Dep’t of Economic and Policy Research.
Westpac expands female entrepreneurs fund to A$1b
The first A$500m has reportedly helped over 1,155 start or grow their businesses.
ANZ to launch digital account lock option by mid-2025
It will block card access as well and won’t affect standing future-dated payments.
SBI Shinsei Bank outlook stable despite $2.2b repayment deal
On 7 March, it agreed to repay JPY330b in public funds to the Japanese government.
NAB removed nearly 600 fake websites and products in 2024
They use spoofed URLs, promotions that pressure quick decisions, and fake testimonials.
Commentary
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