Staff Reporter
Singapore banks introduce safeguard for large digital withdrawals
Singapore banks introduce safeguard for large digital withdrawals
Accounts losing over 50% of balance may enter a 24-hour cool-off period.
CIMB unveils new wealth management platform in Malaysia
This is reportedly the first CIO domiciled in Malaysia to serve affluent customers.
APAC investment banking fees up 4% to $18.6b in 9M 2025
ECM underwriting fees hit its highest nine-month period in 2 years.
SMBC Group establishes offshoring hub in Chennai, India
The offshore hub will ensure stable systems development and operations, the bank said.
NAB has given out $2b in new green business loans
Demand has surged from businesses related to energy, EVs, property, and agriculture.
MUFG sets up equity fund to invest in middle, late-stage startups in Japan
Japanese startups struggle to achieve sufficient growth due to lack of support.
Private lenders step in as Hong Kong banks cut real estate loan growth
Knight Frank expects Hong Kong to remain a distressed-refinancing rather than growth-lending market.
Malaysian banks earnings to grow 3% in 2025 on stable interest rate metrics
The sector’s loan growth was 5.4% in 2025.
Vietnam’s small banks more at risk from weak loan portfolios
Top banks are more resilient to nonperforming assets, S&P said.
Citi poaches BofA banker for vice chair of tech investment banking
Ric Spencer was global co-head of technology investment banking in BofA.
Singapore’s investment banking fees rise 31.5% in 9M 2025
ECM underwriting fees and M&A advisory fees have more than doubled.
Singapore’s private banking industry seeks to strengthen philanthropy advisory
They want to enhance advisors’ capabilities related to making philanthropic decisions.
State Street completes transfer of Mizuho’s $850b custody business
Mizuho will collaborate with State Street for global custody and related services.
APAC banks and payments firms urged to prepare for quantum threats
Quantum computing may crack encrypted financial data.
EFG Bank AG names Robin Heng as vice chairman of SEA
Heng was most recently co-head of private banking at Bank of Singapore.
Westpac mobile app rated best in Australia by Forrester
Actionable recommendations and prompts to avoid fees helped propel it to the top spot.
BofA launches gen AI solution AskGPS using 3,200 internal documents
It is expected to help employees answer client queries faster.
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