Staff Reporter
Improved mortgages to support ANZ’s earnings over the next two years
Improved mortgages to support ANZ’s earnings over the next two years
Net interest margin improved 7bps in the six months ending 31 March 2023.
Australia’s Macquarie Bank’s earnings to rise by retail banking business: S&P
The bank’s parent company will also enjoy income growth from outside Australia.
Bank of East Asia raises standard savings rate to 0.75% pa
It will take effect on Monday, 8 May.
Natixis CIB Global Markets Leadership Team branches out in Australia
Thomas Moffat and Oscar Austin have been chosen.
Airwallex Hong Kong’s gross revenue grows threefold
Its consumer base also grew more than double.
Australia-based CoinJar lays foot on US grounds
The CEO remains confident despite regulatory risks.
PH banks missing out on revenue from growing middle class market
Over 7 in 10 loans made by banks are extended to corporates– leaving 15 million SMEs and self-employed workers with little access to traditional finance.
Modelling, simulation key to powering businesses forward in an everchanging macro-economic, geopolitical, and ESG landscape
Converging business with technology can improve profitability and performance.
Public Bank raises interest rates by 0.25%
Its standardised base rate will now be 3%, whilst base lending rate is 6.72%.
FWD and SCB add 2 years to Thailand bancassurance contract
The collaboration with SCB has the largest contribution to FWD Thailand’s business.
Citi Securities Services has been appointed by Mason Stevens to provide custody services.
The appointment follows Mason Stevens’ expansion plans.
OCBC upskills 2,000 elderly customers with its Digital Silvers programme
It is increasing its workshops to thrice a week from only twice a month.
Singapore’s Trust Bank exceeds 450,000 customers in 5 months
This comes after the bank onboarded 100,000 people in 10 days after launch.
HSBC posts pre-tax profit of $12.9b, with first quarterly dividend at $0.1 per share
Profits include a provisional gain of $1.5b from SVB Bank UK acquisition in March.
OCBC and RHB co-establish two sustainability-linked solutions
The facility will enable RHB Malaysia to convert its SGD-denominated proceeds to US$.
Bank of China HK's net profit up 12.3% in Q1
Net income reached HK$15.23b.
US Treasury and MAS reinforce cross-border cybersecurity
The collaboration follows the MOU on Cybersecurity Cooperation between the institutions in August 2021.
Commentary
Asia’s banks hold the mandate to innovate. Now they must earn it.
Why Asia's banks are rebuilding their credit infrastructure in 2026
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Human Sparsity Blockchain: A citizen-validated ledger for digital finance supervision
Will stablecoins disrupt the banking business?
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