Staff Reporter
CBA now a validation agent in the global legal entity identifier system
CBA now a validation agent in the global legal entity identifier system
This comes ahead of Australia updating its OTC derivative transaction reporting rules.
HSBC Hong Kong shines at ABF Retail Banking Awards
The bank has been a digital and transformation pioneer in the industry.
PH’s Security Bank digitising its wealth management platform
The bank has partnered with Avaloq to automate and standardize the WM workflows.
HSBC profit before tax is $30.3b in 2023
But the bank also had a $3b impairment charge related to the Bank of Communications.
Hong Kong’s BEA reports 5.5% lower profit in 2023
Basic earnings per share is HK$1.32, unchanged from a year ago.
Weekly Global News Wrap: HSBC gets approval to sell Russia unit; Chinese banks approve $17b property loans
And China cuts 25 basis points to five-year loan prime rate (LPR).
UOB hit record S$6.1b net profit; final dividend is 85 cents per share
Higher credit card and wealth management fees pushed fee income growth in 2023.
UOB giving out extra one-off bonus to 6,000 junior employees
This is to help them cope with rising costs of living.
Hang Seng profits up 58% to $2.28b in 2023; Dividend is HK$6.5 per share
A fourth interim dividend is HK$3.2 per share.
Fintech UNOAsia raises $32.1m in pre-series B round
It will support efforts to scale up UNO Digital Bank in the Philippines.
South Korea’s household loans rose by $4.8b in Q4
Loans extended by banks rose by $8.5b during the period.
Mizuho seeks to remain amongst top 10 global investment banks: report
Investment banking head Naoki Takahashi wants to challenge bulge-bracket banks.
Judo Bank poised for growth over next two years
Strong margins, rising lending assets will push it to expand.
OCBC gives S$9m support to 14,000 junior employees
Payouts will be made between February to March 2024.
Hong Kong’s credit card issuers advised to seek more merchant deals
Most issuers focus more on onboarding card users, the study found.
Standard Chartered names Jacob Berman as Australia CEO
Berman first joined SC in 2012 and has worked in Singapore and Dubai.
BOCHK warns of phishing emails
It has reported the case to Hong Kong authorities.
Thought Leadership Centre
Most Read
1. Mizuho to acquire majority of Upsider’s shares for $309.8m 2. Singapore launches electronic deferred payments to ease cheque phase-out 3. NAB invests $55m to upgrade over 100 branches across Australia 4. SMBC appoints Joy Kwek to lead capital markets & solutions in APAC 5. Airwallex gains capital markets services license in SingaporeResource Center
Read Here
Advertise
Sign Up
Event News
The digital bank was recognised as the Digital Bank of the Year - Hong Kong at the Asian Banking & Finance Retail Banking Awards 2025.
Commentary
What kids without wallets can teach us about the future of finance
What is best practice when setting up an in-house bank?
How technology and regulation are reshaping the lending landscape
Protecting against the mobile Trojan horse in your pocket
Beyond the code: How mobile banking is weaving a new financial narrative in Asia