Staff Reporter
Shenzhen Rural Commercial Bank’s returns to decline slightly through 2026
Shenzhen Rural Commercial Bank’s returns to decline slightly through 2026
Net interest margin and loan pressures will weigh on the bank’s asset quality.
Citi clinches ANZ banker as new head of markets for Indonesia
Benny Aroeman has also worked in DBS, HSBC, and Deutsche Indonesia previously.
Deutsche Bank names corporate coverage head for MEA
Majed Julfar will act as the bank’s most senior representative in the UAE.
Australian banks may cut mortgage broker reliance to boost profitability
Driving customers to in-house channels could boost profitability.
DBS surpasses US$100b market cap
The bank’s market cap is over S$129.35b according to data from the SGX.
BNPL firm Atome secures $75m facility from Lending Ark
Lending Ark has invested over $1b in Asia.
Digital token firms serving foreign clients must obtain a license: MAS
Without a license, they will need to cease operations by 30 June.
BoCom Hong Kong profitability lifted by interest and fee income
The growth of its wealth management business will benefit fee income, says Moody’s
AIA names HSBC chairman Mark Tucker as next chairman and director
Tucker will step down from his HSBC role on 30 September 2025.
MoneyHero expands wealth product offerings with OSL partnership
Users can now compare digital asset account products.
SMBC clinches approval to open branch in Bengaluru, India
This is the Japanese megabank’s fifth branch in the country.
Citi to slash 3,500 jobs in China
Layoffs will affect its global tech solution centres in Shanghai and Dalian.
OCBC backs Great Eastern delisting bid with S$0.9b exit offer at EGM
The offer is priced at $23.52 per share.
GCash offers free insurance with mobile load purchases via GInsure
Eligible users can receive up to $540.
Citi ANZ names John McLean as head of ECM and GAM
McLean will relocate from Singapore to Sydney, Australia.
RCBC partners with MoneyHero to enhance credit card services
RCBC’s card products will be integrated in Money Hero’s digital platform.
Digital wealth platform Syfe raises $80m in series C funding round
It now has over $10b in assets, it said.
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