Retail Banking
Commonwealth Bank of Australia completes stake sale in Bank of Hangzhou
Commonwealth Bank of Australia completes stake sale in Bank of Hangzhou
CBA received approximately $940m, and CET1 ratio was raised by 17 basis points.
5 minutes ago
Shenzhen Rural Commercial Bank’s returns to decline slightly through 2026
Net interest margin and loan pressures will weigh on the bank’s asset quality.
20 minutes ago
Australian banks may cut mortgage broker reliance to boost profitability
Driving customers to in-house channels could boost profitability.
55 minutes ago
BoCom Hong Kong profitability lifted by interest and fee income
The growth of its wealth management business will benefit fee income, says Moody’s
1 day ago
BDO names new head of comptrollership group
Gwyneth Entao previously served as finance head of the Philippine bank’s consumer banking group.
6 days ago
ANZ names Stephen White as group executive operations
He joins ANZ in November 2025.
6 days ago
Standard Chartered names Yusuf Demiral as global head of WRB data, analytics, and AI
Demiral joins from HSBC.
Malaysia’s household loans steady at 6% in April
The banking system recorded healthy liquidity buffers, the central bank said.
CIMB’s net profits up 1.9% to MYR 1.97b in Q1 2025
Operating income and non-interest income both contracted.
HSBC Malaysia penalized $690,000 for customer screening non-compliance
Customers were reportedly onboarded without proper sanctions screening.
Indonesian and French central banks ink MOU on central banking cooperation
They will hold policy dialogues, joint studies or research, and data and information exchange.
Malaysia fines two banks for non-compliance with AML/ CFT requirements
BPMB reportedly did not properly screen existing customers for risk.
Weekly Global News Wrap: UniCredit doubles stake in Alpha; US banks eye crypto
And the American banking industry reported $70.6b in profits for Q1 2025.
Alliance Bank’s net profit up 11.1% to $46.6m in Q4
For FY3/26, DPS may rise to MYR0.27 and net profit to $200.6m.
India’s Saarathi Finance raises $55.5m in funding round
The NBFC plans to lend to MSMEs.
Hong Leong Bank’s net profit down 9.36% to $223.41m in Q3 FY2025
Its profit for the first nine months of the fiscal year is up 0.71%.
Japan Post Bank logs $2.86b net income for FY2025/3
The dividend is JPY58, with a dividend payout ratio of 50.6%.
Commentary
Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?