Frances Gagua

KPMG launches embedded finance hub in Singapore

It will run for 2 years and provide incubation support to institutions.

DBS Hong Kong shows off greener branch outfits

The bank is making a statement about the future not through a new product, but with its uniforms.

Deutsche Bank opens first Bangladesh office

It is their 15th market to be active in.

Citi Hong Kong names Vicky Wong as consumer business manager

She was Standard Chartered’s regional head of wealth management for Greater China, North Asia, and Hong Kong.

Public Bank teams up with Sunway Property for financing green development projects

Customers can avail of a special sustainable financing package.

APAC’s non-bank financial institutions face liquidity challenges: S&P

One NBFI failure is enough to trigger a domino effect and collapse a whole market.

CIMB Singapore raises deposit interest rate tenfold to up to 2% annually

StarSaver savings account holders can enjoy the new rate without any deposit caps.

American Express opens exclusive lounge in SG for Centurion card holders

Members can enjoy a complimentary welcome cocktail when they visit.

New Zealand card payments market to be valued $67.1b in 2026

On average, each NZ individual holds over three cards, GlobalData found.

Standard Chartered, FairPrice-backed Trust Bank launches in Singapore

A total of S$400m was invested by its shareholders, the neobank said.

RHB Singapore raises deposit interest rates to up to 5.5%

It attributed this to the “recent spate of competitive rising rates by local banks.”   RHB Singapore has joined the bandwagon of local banks that have raised the interest rates for their deposit accounts.

Bank of China bad loans, capitalization ‘stable’ amidst real estate woes: S&P

BOC’s NPL ratio for mainland real estate loans rose 62 basis points in H1.

SWIFT rolls out pre-payment prediction service for cross-border payments

It identifies possible problems in the future payment based on previous data from 9 billion transactions.

Earnings remain key weakness of Japanese banks: Fitch

Impact of rising interest rates in the US will be mixed, the ratings agency said.