Frances Gagua

SCB X reports 10.8% higher net profit of $375.66m for Q1

Net interest income fell but fees and other income rose.

Japan’s Chugoku Bank sees improving profitability: Moody's

Rapid loan growth and US tariffs may lead to loan quality deteriorating, it warned.

Nomura to buy Macquarie's US and EU asset mgmt business for $1.8b

Nomura’s AUM is expected to be $770b after completion of the sale.

Syfe to acquire Aussie investment platform Selfwealth

Selfwealth will delist from the ASX and begin privately trading as Selfwealth by Syfe.

Taiwan’s SME loans rise in Feb whilst bad loan ratio falls

Loans extended to SMEs by domestic banks are 64.19% of all its loans to enterprises.

PH central bank, IFC to promote movable asset finance

Borrowers can secure loans using inventories, receivables, and equipment.

DBS and OCBC expected to report lower margin in Q1 on SORA easing

Both banks’ asset qualities could deteriorate in the second half of 2025, an analyst said.

Taiwan’s FSC names new deputy director general of the banking bureau

Wang was deputy director general of the financial examination bureau.

India’s InCred Wealth names head for family office business

The wealth management firm will offer tailored solutions to UHNWIs and business families.

How embedded finance and AI are reshaping Malaysia’s finance sector

Value migration to non-bank players with a "focused" model is accelerating.

YouTrip launches MYR wallet and offers free weekend shuttle service

Users will have to prebook slots for the shuttle services.

Revolut rolls out five new currencies including Chinese Yuan

Users can now hold and exchange 39 different currencies directly in-app.

Philippine National Bank improves profitability on cost management

It has a very high liquidity coverage ratio of 255% as of end-2024.

Singapore banks’ dividends to weather economic and global trade woes

DBS and OCBC are expected to hold their dividends steady in 2025.

Ant International boosts SME treasury tools with World Card launch

The physical card will be launched later this year.