News
Citi names Prashant Thakker as head of Asia South Corporate Bank
Citi names Prashant Thakker as head of Asia South Corporate Bank
He has spent 18 years in Citi.
OCBC, UOB to maintain strong capital buffers through 2026: Moody’s
CET1 ratio and return on assets will decline, however.
MUFG invests in sustainability reporting and AI automation
Its banking subsidiary partnered with AI R&D company Sakana AI.
ANZ to roll out energy ratings option for energy performance evaluation
It will help homeowners identify opportunities for upgrades that will reduce bills.
AI to improve effectiveness of banks' ESG reporting: central banker
13 of 15 commercial banks have published sustainability reports, Pham said.
Norinchukin reports $12.6b loss for FY2024
It aims for a JPY30b to JPY70b net income for FY2025.
Thai banks’ loans contract 1.3% in Q1 on debt repayments and bad loans
But banks’ profitability improved compared to Q4 2024, the central bank said.
Public Bank’s net profit up 5.6% to $413.6m in Q1
Return on equity is 12.4%.
Trust Bank revenue doubles to S$97m whilst losses narrow in 2024
Costs reportedly rose only 4% in 2024, the Singapore-based digital bank said.
Aleta Planet launches payment app for Muslims
The platform will soon let users find Muslim businesses in the region.
DBS’ ‘superior’ funding franchise a buffer against volatile financial markets
However, problem loans are likely to increase, and profitability will decrease.
DBS CEO Tan Su Shan ranked sixth most powerful woman in business
Tan took the helm in SEA’s largest bank in April 2025.
Vietnam launches co-badged card with Mastercard and six banks
The card can be used in 650,000 points locally and 150 million points globally.
HSBC unveils Tokenised Deposit Service in Hong Kong for treasury management
Ant International is HSBC’s first client to adopt the service.
EastWest modernises retail and corporate operations with SaaS adoption
It expects to benefit the bank’s more than 3 million customers in the Philippines.
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.
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