Staff Reporter
Financial complaints surpass 100,000 in Australia in 2024-25
Financial complaints surpass 100,000 in Australia in 2024-25
Banking and finance related complaints fell 9% on declining scam-related complaints.
Malaysian banks’ loan loss provisioning to rise in Q2 but will be largely stable
GILs rose in May but declined in June, as corporates likely made repayments.
AEON Bank, foodpanda eyes raising digital banking adoption amongst riders, merchants
They will collaborate in customer acquisition and digital financing, amongst others.
HSBC’s Q2 results ‘solid’ despite BoCom loss and Hang Seng’s weak profits
Hang Seng Bank reported higher-than-expected credit losses on Hong Kong real estate.
RHB signs bancassurance deals with Tokio Marine Life, Takaful Malaysia
RHB will distribute life insurance, family takaful, and general takaful products.
CTBC Bank bags nine wins at Asian Banking & Finance Awards 2025
It continues to lead Taiwan’s banking sector by leveraging behavioural insights, advanced AI, and a strong focus on personalised service.
Krungsri recognised at Asian Banking & Finance Corporate & Investment Banking Awards 2025
The financial institution was applauded by the awards programme for its trade finance solution for Indorama Ventures.
Krungsri bags two wins at Asian Banking & Finance Wholesale Banking Awards 2025
The financial institution earned recognition for its unified digital platform and digital collateral release feature.
SMBC’s profits down 1.5% to $2.5b in Q1 FY3/2026
Net interest income rose, but net trading and other operating income declined.
Mizuho’s profits up 1.2% to $1.93b in Q1 FY2025
MFG has revised its full-year earnings outlook upward.
HSBC’s profits down 30.6% to $11.51b in H1 2025
Revenue declined by 9% to $34.1b during the six-month period.
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HSBC GPS names Edmund Lo as regional head of investment counsellors
He first joined HSBC in 2011.
SMBC appoints Joy Kwek to lead capital markets & solutions in APAC
Kwek joins from Morgan Stanley.
Hong Kong’s stablecoin bill boosts wealth management, pressures payments
Stablecoins issued in Hong Kong could increase competition particularly in wholesale payments.
KASIKORNBANK’s K PLUS now a payment method in Google Play
K PLUS has over 14 million users on Android devices.
Hang Seng Bank’s credit risks rise, but capital buffers remain strong
Credit losses rose to HK$4.86b in H1 versus HK$1.5b a year earlier.
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