Staff Reporter
DBS posts US$1.3b net profit in Q1, second-highest on record
DBS posts US$1.3b net profit in Q1, second-highest on record
Wealth and investment banking fees were lower after 2021’s exceptional year.
Financing a better future: How FSIs can develop an ESG strategy
An expert from ServiceNow said data is key for ESG integration.
Sumitomo Mitsui appoints former J.P Morgan banker as head of M&A advisory of SFDA
The newly created role sees Chirolli leading SMBC’s M&A advisory efforts in Asia.
GBG webinar to highlight importance of wielding data against fraud
Organisations would need to strike a balance between maximum security and seamless services.
Standard Chartered Hong Kong buys virtual land in metaverse
The Sandbox’s Mega City district is touted as a culture hub inspired by Hong Kong.
Weekly Global News Wrap: HSBC profits slide in 2021; UBS posts best Q1 profit in 15 years
And Swedish bank SEB signs up its first banking-as-a-service client.
Earnings challenges of Australia’s big four banks to ease: Fitch
Asset quality outcomes from the pandemic were less severe than expected.
6 in 10 Singaporeans have high trust in banks
Only 5% have low trust in the banking industry.
Dah Sing Bank resumes normal business operations in all branches
Kwun Tong and Tokwawan branches are set to reopen in 3 May.
DBS, Manulife Singapore launch insurance starter plan ProtectFirst
Customers can choose from three plans that focus on illness, life protection, or accident coverage.
Japan’s Shizuoka Bank maintains strong loan quality as profits continue to be weak
The bank has the strongest capitalization amongst regional banks in Japan.
Sumitomo Mitsui appoints Tomofumi Watanabe as new co-head of APAC structured finance
He was previously general manager of the Global Structured Finance Department Tokyo.
Hong Kong’s livi bank unveil livi Flexi Loan
Customers can access up to HK$1m in loans in as fast a 2 minutes.
Singapore standardizes template for corporate environmental risk assessment
A workgroup composed of Citi, DBS, HSBC, OCBC, StanChart, and UOB worked on the questionnaire.
Chart of the Week: Buy Now Pay Later gains traction in Australia
Afterpay remains king, whilst new players seek to carve out their own space.
Here’s how you build a successful Buy Now Pay Later platform: study
Hiring the right talent and developing a good tech stack are key to success.
Chinese banks report double-digit profit growth in 2021
But they also face a difficult 2022 due to a triple whammy of challenges.
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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. Airwallex gains capital markets services license in Singapore 5. HSBC Singapore unveils health and wellness centre at The Star VistaResource Center
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The digital bank was recognised as the Digital Bank of the Year - Hong Kong at the Asian Banking & Finance Retail Banking Awards 2025.
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