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Natixis CIB names Aurélia Vo Dinh as new APAC head of ASF
Natixis CIB names Aurélia Vo Dinh as new APAC head of ASF
Vo Dinh brings 20 years of investment banking experience in her new role.
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.
HKMA, HKUST Business School ink MoU for applied cybersecurity research
They will explore supervisory tech and regulatory tech.
Malaysia fines Maybank Islamic for info submission lapses
The bank’s failure to ensure info was submitted led to three borrowers’ credit records being impacted.
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.
PAObank names Ronald Iu as chief executive
Iu has previously served as chief executive of two other digital banks in Hong Kong.
PwC’s Wanyi Wong highlights the need for synergy in a converging fintech landscape
She emphasises the value of scalable, risk-aware solutions that bridge startups and traditional finance.
Fintech is now about embedded finance, platforms, and data monetisation – Bain & Co.’s Ben Clemens Balzer
He highlights how investor strategies, regulatory shifts, and digital ecosystems are reshaping the sector’s future.
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.
APAC card payments markets to grow 4.3% to $24.7t in 2025
South Asia and SEA countries are skipping cards for mobile wallets, however.
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 consumer lending growth slows in 2025
Consumer demand for mortgages and personal loans will be dampened, it said.
KakaoPay Corp’s profits may more than double market estimates by 2027
CGS International expects KKP Securities to turn profitable in the current year.
Australia’s digital wallet market to surpass $130b in 2025
Increasing use of QR and NFCC payments are supporting this growth.
India’s Saarathi Finance raises $55.5m in funding round
The NBFC plans to lend to MSMEs.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
