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Thai banks not “materially” affected by Myanmar earthquake
Thai banks not “materially” affected by Myanmar earthquake
It only brought limited property damage and business disruption to Thailand, Moody’s said.
Westpac first to join AU’s energy rating trial for existing homes
The initiative aims to help households better understand their energy consumption.
India’s credit card spend slumps 9% MoM to 7-month low
Whilst spending grew 12% YoY, the pace of growth has slowed compared to previous months.
CommBank establishes tech hub in Seattle
The first cohort focuses on learning to fast track adoption of agentic AI and gen AI solutions.
Investment bank fees in APAC ex. Japan log 8% rise to top $5b in Q1
Estimated advisory fees due to M&As rose 42% to $706.5m in the first quarter of 2025.
Endowus to bring Man Group’s credit offerings to Hong Kong and Singapore clients
Man Group manages US$35b in credit assets globally.
Aspire secures capital markets service license in Singapore
It will launch its investment solution Aspire Yield soon.
MariBank launches remittance service for retail and business customers
Service is currently offered on an invite-only basis with 10 currencies and 13 destinations.
OCBC to finance $10.9b of investments to UK growth sectors
These include energy, infrastructure, and real estate.
Westpac appoints Kate Dee as chief people officer
She has been the chief people officer of Bupa Asia Pacific since 2018.
SMBC inks MOU to explore commercialization of stablecoins
They will explore technical, regulatory, and market infrastructure requirements for it.
ANZ moves up incoming CEO Nuno Matos’ start date to May 12
Matos is most recently the CEO of HSBC’s Wealth and Personal Banking.
ICBC’s risk diversification supports resilience amidst China’s slowdown
Capitalization should be sufficient despite ICBC not being included in the first round of the government’s capital injection.
China’s Big 5 banks expected to boost lending with capital support
Fee income may also recover if new stimulus policies are effective, said CreditSights.
Philippine bank loans up 12.2% in February
Consumer loans to residents rose by 24.1% during the month.
UOB to take legal action against Yang Kee Logistics’ ex-CEO
The bank called Ken Koh’s allegations baseless.
CITIC Limited logs 1.1% YoY profit rise to $8.01b in 2024
Earnings per share is RMB2.00, whilst the final dividend proposed is RMB0.36 per share.
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