Frances Gagua
Banks must diversify income and review pricing: analysts
Banks must diversify income and review pricing: analysts
They must identify customer relationships with low or negative profit.
DBS’ net profit fell 2% to S$2.9b in Q1 2025 on higher tax expenses.
Interim dividend is 60 cents per ordinary share.
APAC banks outpace EU in digital adoption although branches still needed
Malaysia and the Philippines expanded their branch networks between 2019 and 2023.
Barclays integrates Ant Int’l model to FX hedging platform
Ant Interntional has completed the first batch of intra-group FX transactions with Barclays.
KakaoBank’s operating profit up 23% to $131.09m in Q1 2025
Revenue from financial investment, FX gains, and NPL sales rose compared to Q4 2024.
NAB net profit dip 2.5% to A$3.4b in H1 2025
Net operating income rose 1.4%, and net interest income is 0.6% higher.
National Australia Bank’s credit losses to remain low
Its CET1 ratio is expected to rise once it concludes the sale of its stake in MLC Life Insurance.
Chinese banks’ annual credit loses to average $353b in next two years
Nonperforming assets and bad debt are expected to rise.
UOB reports flat net profit growth in Q1 despite record fee income
Net fee income rose to a new high but non-interest income fell.
Chart of the Week: Australia’s credit and charge market to rise in 2025
Benefits and flexible repayment options is driving frequency of use.
Wealth managers must address safe-haven shift of wealthy Chinese investors: analyst
Over a quarter of HNWs’ wealth are parked in low-risk assets.
J.P. Morgan unveils automated cross-currency payment collection and settling service
It allows invoice and collection in one currency, and payment setting in another.
Filipinos spent 49 years using non-bank digital lending apps in 2024
Active users wer said to have spent 12 minutes and 14 seconds per month using such apps.
Total spending in China via Alipay’s overseas wallets doubled during Labor Day holiday
Alipay Tap! also saw a 50% rise in spending during the period.
OCBC starts AI stock adviser using data on 4,000 stocks
AI Oscar uses more than a decade's worth of data to predict equity prices.
Aussie banks launch digital locks versus online fraud
Cybercriminals now use AI and deepfakes to scam people.
Weekly Global News Wrap: BNY Mellon mandates 4-day office rule; EU weighs UniCredit bid
And Warren Buffet will step down as chief of Berkshire Hathaway by the end of 2025.
Thought Leadership Centre
In Association with
Most Read
1. DBS surpasses US$100b market cap 2. DBS first to accept CPF LIFE payouts for credit card applications 3. OCBC’s revised Great Eastern bid seen having limited financial impact: RHB 4. Citi to slash 3,500 jobs in China 5. OCBC backs Great Eastern delisting bid with S$0.9b exit offer at EGMResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Event News
He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
