News
Philippine banks’ outstanding loans expand by 11.2% in August
Philippine banks’ outstanding loans expand by 11.2% in August
Loans to non-residents narrowed its decline during the month.
Chinese banks’ interest margins to compress up to 18 basis points in 2025
State-owned banks’ fee income growth is likely to be steady through 2029.
Chinese state banks’ loan growth slows as policy loans lose steam
Growth in policy loans fell below 15% in June 2025, noted by Morningstar.
Rate cuts heighten reinvestment risk for wealthy clients
Investors are seeking growth in equities, crypto, and diversified strategies.
Singapore banks introduce safeguard for large digital withdrawals
Accounts losing over 50% of balance may enter a 24-hour cool-off period.
CIMB unveils new wealth management platform in Malaysia
This is reportedly the first CIO domiciled in Malaysia to serve affluent customers.
SMBC Group establishes offshoring hub in Chennai, India
The offshore hub will ensure stable systems development and operations, the bank said.
NAB has given out $2b in new green business loans
Demand has surged from businesses related to energy, EVs, property, and agriculture.
MUFG sets up equity fund to invest in middle, late-stage startups in Japan
Japanese startups struggle to achieve sufficient growth due to lack of support.
Private lenders step in as Hong Kong banks cut real estate loan growth
Knight Frank expects Hong Kong to remain a distressed-refinancing rather than growth-lending market.
Malaysian banks earnings to grow 3% in 2025 on stable interest rate metrics
The sector’s loan growth was 5.4% in 2025.
Citi poaches BofA banker for vice chair of tech investment banking
Ric Spencer was global co-head of technology investment banking in BofA.
Singapore’s investment banking fees rise 31.5% in 9M 2025
ECM underwriting fees and M&A advisory fees have more than doubled.
Singapore’s private banking industry seeks to strengthen philanthropy advisory
They want to enhance advisors’ capabilities related to making philanthropic decisions.
State Street completes transfer of Mizuho’s $850b custody business
Mizuho will collaborate with State Street for global custody and related services.
EFG Bank AG names Robin Heng as vice chairman of SEA
Heng was most recently co-head of private banking at Bank of Singapore.
Westpac mobile app rated best in Australia by Forrester
Actionable recommendations and prompts to avoid fees helped propel it to the top spot.
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