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ANZ customers to spend $280m in Europe travel this summer
ANZ customers to spend $280m in Europe travel this summer
Hotel and airline bookings surged 11% in Jan-May 2025.
Only 1 in 10 CBA home loan customers reduced repayments after rate cut
Those in New South Wales were most likely to opt for the reduced repayments.
ShopBack secures MPI licence in Singapore for payment product
ShopBack Pay is now authorized to provide payment services in the country.
SMFG to establish agentic AI firm in Singapore
Ahmed Jamil Mazhari has been named CEO and SMFG’s AI transformation advisor.
HSBC names global head of investments and managed solutions for wealth, premier
Sami Abouzahr also leads the bank’s ultra high net worth solutions group.
Revolut partners with Ant Int’l to enable transfers to China via Alipay
It has a tiered fee system.
OCBC Bank earns wins at Asian Banking & Finance Corporate & Investment Banking Awards
The financial institution emerged as the recipient of the Green Deal of the Year - China and Green Deal of the Year - Singapore awards.
OCBC Bank wins at Asian Banking & Finance Wholesale Banking Awards
The financial institution earned recognition for empowering businesses across Asia.
Weekly Global News Wrap: Santander to buy TSB; BPER increases BPSO
And India plans to withdraw $11.7b of excess liquidity worth from the banking system.
HSBC names Kate Subak as new CEO of HSBC Insurance (Bermuda)
She was previously COO of Sun Life International in Bermuda.
Banks in China, Australia see market caps rise in Q2 on falling interest rates
In contrast, Japanese megabanks and DBS saw their market caps fall.
SMBC commences simplified foreign currency remittances in China
It is currently available in five of its branches in China.
Nearly 2 in 3 Hong Kongers hold a digital bank account
Respondents said digital banks outperform incumbents in account opening promotions.
Union Bank of the Philippines appoints five senior officers
One is senior vice president, two are VPs, and two are assistant VPs.
Thailand’s SCB surpasses sustainable finance target
It has disbursed THb180b, already past the THB150b target.
UOB acknowledges penalty for anti-money laundering breaches
Two of its employees were reprimanded, it said in an SGX statement.
Six banks penalized in Singapore for AML breaches
Credit Suisse’s fine also accounts for separate breaches related to US customer accounts.
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1. Chubb launches Chubb Wealth with no platform fees for HNWs 2. HSBC Singapore names Suzy White to its board 3. MariBank links remittances to Weixin Pay via TenPay Global 4. How digital payments are forcing QSRs to rebuild checkout and staffing 5. DBS to focus on tech resilience and grow fee income in 2026: analystResource Center
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