Staff Reporter

Ant International eyes stablecoin licenses in Hong Kong, Singapore: report

The unit is reportedly seeking a related permit in Luxembourg, according to sources.

Weekly Global News Wrap: UBS face stricter capital reqs; BBVA eyes Abu Dhabi branch

And Citi exec expects banking and trading performances to improve.

Chinese banks to weather trade-related strains: S&P

Regional banks in coastal provinces are likely to see greater pressure than megabanks.

Deutsche, Ant teams up to improve cross-border payments

They will work on global treasury management and cross-border payment projects.

Taiwan’s outstanding loans up $1.01b in April

The NPL is the same as in March, according to official data.

CMB International to maintain strong profitability through 2026

Returns will be supported by robust fee and commissions income.

Hong Kong’s millionaire density trails only mainland China: report

It noted Hong Kong as having one of the highest millionaire densities in the world, second only to mainland China.

DBS first to accept CPF LIFE payouts for credit card applications

It aims to expand access to financial products for retirees and seniors receiving monthly payouts.

OCBC’s revised Great Eastern bid seen having limited financial impact: RHB

RHB maintained a ‘Neutral’ rating on OCBC with a target price of $17.50, representing a 7% upside.

Commonwealth Bank of Australia completes stake sale in Bank of Hangzhou

CBA received approximately $940m, and CET1 ratio was raised by 17 basis points.

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.

Citi clinches ANZ banker as new head of markets for Indonesia

Benny Aroeman has also worked in DBS, HSBC, and Deutsche Indonesia previously.

Deutsche Bank names corporate coverage head for MEA

Majed Julfar will act as the bank’s most senior representative in the UAE.

Australian banks may cut mortgage broker reliance to boost profitability

Driving customers to in-house channels could boost profitability.