Staff Reporter
Financial conglomerates top Taiwan’s richest in 2025
Financial conglomerates top Taiwan’s richest in 2025
Fubon Financial Holding’s and Cathay Financial Holdings’ leads are in the top 3.
BDO names new head of comptrollership group
Gwyneth Entao previously served as finance head of the Philippine bank’s consumer banking group.
OCBC, Ant Int’t to deliver embedded financial services to Indonesian SMEs
They believe that it will benefit thousands of small businesses.
Lloyds, BNP Paribas launch new FX algorithmic execution service
Clients are expected to execute large FX trades more efficiently.
MUFG partners with Kodansha, CREDEUS team up to fund film productions
They will fund live-action film series adaptations of Kodansha-published works.
SP Payment Service buys 13.8% of Nomupay’s shares for $40m
They aim to process client businesses’ payments in Asia and globally.
ANZ names Stephen White as group executive operations
He joins ANZ in November 2025.
HSBC, Allianz Life launch wealth growth and life protection plan in Malaysia
The plan offers a minimum sum assured of MYR1m and payment flexibility.
BCG’s Tushar Agarwal emphasises that transformation relies on mobilising people and understanding their motivations
He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
ADVANCE.CBP, Korea Credit Bureau ink MOU for cross-border credit info exchange
Over 70,000 overseas Filipino workers in Korea will be able to use their credit information.
Chart of the Week: Malaysia’s card payments to grow 4% in 2025
Wider card acceptance and contactless cards will help drive this growth.
Hang Seng unveils MTR Jordan Station Retail Banking Centre
It is open from 11 AM to 7 PM on weekdays.
Standard Chartered names Yusuf Demiral as global head of WRB data, analytics, and AI
Demiral joins from HSBC.
Mortgage loans approval increases 2.4% MoM in April
The number of mortgage applications decreased by 7.8% MoM.
Visa launches AI-powered commerce initiative
It is working with Ant Int’l, Grab, and Tencent to enable an AI-powered checkout experience.
Citi nabs BofA banker to lead Chinese banking operations
Wenjie Zhang will join Citibank (China) in July 2025.
SCB, CardX to share credit limit info for credit card applications
The policy is effective 1 June 2025.
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