Staff Reporter
Hong Leong Bank’s net profit down 9.36% to $223.41m in Q3 FY2025
Hong Leong Bank’s net profit down 9.36% to $223.41m in Q3 FY2025
Its profit for the first nine months of the fiscal year is up 0.71%.
India’s gov’t owned NBFIs to further grow market share
Loan growth for such entities is expected to be 15% per annum in the next two years.
OCBC names Elaine Heng as head of global commercial banking
Tan Yuen Siang will join the global wholesale banking leadership team.
HSBC cuts dozens of analyst jobs in investment banking overhaul: report
Most of the cuts were in Europe, a source said.
Less than half of Aussie firms adopting real-time payments: survey
About 2 in 3 believe that finance tech providers will shoulder the responsibility of assistance.
China and Indonesia expand scope of bilateral transaction cooperation
They will establish a framework to promote bilateral transactions in local currencies.
Japan Post Bank logs $2.86b net income for FY2025/3
The dividend is JPY58, with a dividend payout ratio of 50.6%.
Banking sector bucked trend with job posting increase in Q1
Companies such as JPMorgan Chase & Co, PNC Financial Services, and Visa drove hiring.
SMFG to merge cloud service Sustana in business partner Asuene’s products
Sustana provides the Japanese bank’s clients calculations of GHG emissions.
Indonesia’s Eximbank to maintain ‘robust’ capitalisation
But its high stock of problem loans will continue to weigh on its net interest margin.
BDO’s asset quality stable whilst funding, liquidity its ‘key strengths’: Moody’s
Problem loan ratio coverage is one of the strongest in the Philippines.
Franklin Templeton names new co-heads of Global Official Institutions Group
The new office will serve central banks and sovereign wealth funds globally.
Maybank’s net profit up 4% to $614.25m in Q1 2025
They expect to continue to grow in the markets they operate.
Deutsche Bank partners with finaXai on token fund servicing
It will assess the integration of machine learning and large language models into asset servicing workflows.
Japan’s JCB partners with PayXpert to expand card acceptance in Europe, UK
Card acceptance on POS terminals will be enabled at no additional cost.
Citi names Prashant Thakker as head of Asia South Corporate Bank
He has spent 18 years in Citi.
OCBC, UOB to maintain strong capital buffers through 2026: Moody’s
CET1 ratio and return on assets will decline, however.
Thought Leadership Centre
In Association with
Most Read
1. DBS surpasses US$100b market cap 2. DBS first to accept CPF LIFE payouts for credit card applications 3. OCBC’s revised Great Eastern bid seen having limited financial impact: RHB 4. Citi to slash 3,500 jobs in China 5. OCBC backs Great Eastern delisting bid with S$0.9b exit offer at EGMResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Event News
He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
