Staff Reporter
MAS fines five payment firms $960,000 for AML/CFT breaches
MAS fines five payment firms $960,000 for AML/CFT breaches
These breaches were uncovered during MAS' examinations for compliance.
HSBC GPB appoints Ann Ling as APAC head of wealth planning and advisory
She will take over her new role on 1 July 2025.
Jeonbuk Bank weighed by large unsecured personal loans
Profitability may decline through 2026 due to declining loan yields.
Bank Negara Indonesia to see continued NIM pressure in Q2
Loan growth should accelerate in H2 2025.
Lenders in Asia Pacific may seek safe havens on geopolitical, tariff woes
Automakers and part suppliers are feeling the most heat from the tariffs.
PBCOM appoints new treasury trading team head
Justin Labadan will begin in his new role on 1 July 2025.
Metrobank names Renato De Borja, Jr. as head of financial & control sector
He has been with Metrobank for over four years.
PBCOM declares cash dividend for the first time in 27 years
The bank has declared a PHP1 per share special cash dividend.
Fintech solutions must be tailored to keep pace with evolving customer needs – Kearney’s Kevin Kwek
He emphasised that balancing innovation with sustainability is now key to fintech’s growth trajectory.
Nomura AM names Terence Lam as head of distribution for Asia ex. Japan
He brings over 25 years of experience in the asset management industry.
Differentiated commercial strategies: The key to banking competitiveness in Asia – Simon-Kucher’s Silvio Struebi
He discusses transformation, commercial strategy, and innovation in the region’s financial sector.
IndoStar gains approvals to sell Niwas Housing Finance for $203.7m
It secured an NOC from the National Housing Bank.
Malaysia’s digital banks face costlier and slower-than-expected loan growth
They may temper deposit-gathering efforts as a result, a positive for incumbents.
Reshaping global investing access with Longbridge’s ‘0 Fees’ strategy, AI-driven platform
Longbridge empowers everyday investors with its zero-fee* and AI-first brokerage model that delivers advanced tools and access to the US, Hong Kong, and Singapore.
UnionBank raises $282.5m in fixed rate bonds
It plans to use the proceeds to extend term liabilities, expand funding base, etcetera.
SMBC becomes strategic partner of TOMODACHI Initiative leadership program
The next program will involve 20 university undergraduate students in Japan.
Kyongnam Bank likely to maintain good funding through 2026: Moody’s
But construction and retail sector loans may be a weakness.
Commentary
Asia’s banks hold the mandate to innovate. Now they must earn it.
Why Asia's banks are rebuilding their credit infrastructure in 2026
Banks retreat, private credit advances: Asia Pacific’s quiet lending revolution
Human Sparsity Blockchain: A citizen-validated ledger for digital finance supervision
Will stablecoins disrupt the banking business?
Digital transformation starts with leadership