Staff Reporter
Mastercard names Richard Wormald as new APAC president in 2026
Mastercard names Richard Wormald as new APAC president in 2026
Paul Monnington will take over Wormald’s role as Australasia division president.
China CITIC Bank Int’l, Hang Seng Bank support offshore RMB repo reforms
CNCBI has completed the first batch of transactions, it said.
StanChart, Ant Int’l introduces AI powered treasury and FX solution
It aims to lower FX costs and enhance risk management for Ant Int’l and its clients.
Atome Financial’s operating income up 63% to $236m in 2024
As of Q2 2025, annualised net revenue has surpassed $500m, it said.
Bendigo and Adelaide Bank expected to maintain stable credit quality
The bank’s credit losses are expected to remain low over the next two years.
JCB, BNI launch corporate card for Japanese corporations in Indonesia
This is JCB’s first corporate card product in Indonesia.
2C2P clinches major payment institution license in Singapore
2C2P can now offer money transfer services in Singapore, amongst others.
Vietnam’s lenders bolstered by reforms and foreign direct investment
The direct impact of tariffs on the banking sector should be manageable, S&P said.
Commercial real estate woes persist for Bank of East Asia
NIM will weigh on profitability but its non-interest income will cushion impact.
DBS tokenises structured notes, to distribute via ADDX, DigiFT, HydraX
To start, it will tokenise cash-settled crypto-link participation notes.
Citi has appointed Asghar Ali as head of corporate banking real estate
Prior to his new role, Ali has been based in Hong Kong since 2007.
Citi, Mastercard offer priority restaurant booking for HK’s National Day
Citi Mastercard cardholders can pre-book at 13 participating restaurants.
GXS Bank rolls out money lock feature
Customers can lock away the funds in their savings pockets.
OCBC targets 100 senior leaders to be ICF ACC accredited by 2027
The aspiring coaches will have to complete 60 hours of coaching education, amongst others.
Bank of East Asia reports higher attributable profit by 14.1% YoY in H1 2025
Earnings per share also increased by 24.6% YoY.
APAC card payments to hit $39.6t by 2029 on improved infrastructure
In markets with low adoption, cards compete with QR payments and inadequate infrastructure.
AU Small Finance Bank launches digital payment service for Indians abroad
The service allows payments for domestic transactions.
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