News

Financials sector tops Asia Pacific ex. Japan M&A: LSEG

Industrials and high technology sectors were also active in 2024

APAC investment banking fees drop to lowest in 5 years

Its total ECM underwriting fees were its lowest since 2013.

Japan, the Philippines renew bilateral swap agreement

The size of the BSA remains unchanged: $12b for the Philippines and $500m for Japan.

Over 3 in 4 Visa payments in Vietnam are contactless

Over 4 in 5 in Vietnam named mobile wallets as their preferred payment method.

Malaysian private sector loans rose by 5.4% in Nov

Corporate bonds grew whilst business loan growth was unchanged.

OCBC launches bespoke tokenised bonds for corporate investors

They can subscribe to tokens at S$1,000 denominations, for example.

BDO names Jeffrey Alejandro as chief audit executive and IAG head

He worked for ING Bank NV and Citibank NA previously.

RBI lifts lending restrictions of Arohan Financial Services Limited, Kolkata

The company initiated remedial action and submitted its various compliances to the central bank.

Taiwan, Lithuania ink MOU for financial services innovation

They agree to exchange information on emerging market trends and relevant regulatory issues.

MUFG Bank reorganizes overseas securities subsidiaries

Three securities firms will now become direct subsidiaries of the bank.

Lawrence Goh is NETS’ newest UOB board representative

He is head of group technology and operations at UOB.

DBS Bank India names Rajat Verma as CEO

Verma will succeed Surojit Shome, who is retiring on 28 February.

Etiqa, Maybank launch Singapore's first Takaful in 10 years

The plan combines ethical investment options with flexible wealth accumulation.

OCBC Hong Kong sells 33% stake in Hong Kong Life

Yue Xiu Enterprises (Holdings) bought the stake from the bank.

Sri Lanka and Vietnam banks to boost 2025 financials

Sri Lanka’s political crises are receding; Vietnam will be lifted by higher loan growth