Frances Gagua
OCBC logs 8% net profit rise to S$7.59b in FY2024 on higher wealth income
OCBC logs 8% net profit rise to S$7.59b in FY2024 on higher wealth income
Its earnings per share is S$1.67, and total dividend is S$1.01.
Enhanced bourse appeal may lift Singapore’s investment banking space
Efforts to reform the stock market could also benefit wealth management income.
StanChart's cost-cutting to weigh on 2025 profits but wealth segment strong
The bank should be able to manage real estate challenges in Hong Kong, China, SoKor, says S&P.
Taiwan proposes amendments to securities regulations
Amongst changes include a capital requirement of NT$100m for dealers.
South Korea’s corporate financing through issuances up 28.5% in January
IPO proceeds tripled, but rights offerings plunged during the month.
Indonesia, Thailand, Malaysia harmonise local currency transaction framework
Portfolio investments are now part of the eligible cross-border transactions.
CTBC Bank Philippines revamps online corporate banking portal
It offers real-time updates and flexible workflow set-ups.
Norinchukin names new CEO, establishes new senior director roles
Its research and asset management leaders are nominated as Director and Senior Managing Officers.
Standard Chartered’s profit up 17% to $4.04b in 2024
Its earnings per share is 141.3 cents.
BSP welcomes the Philippines' removal from AML/CFT grey list
The central bank said that it has strengthened its AML/CFT regime.
Here’s how UOB plans to grow its loans and ROE
The Singapore bank is relying on growth from its ASEAN 4 markets.
Nam A Bank to enjoy improved capital and profitability through 2026
Asset quality pressures are expected to moderate over the next 12-18 months.
SME loan exposure raises Bank Rakyat Indonesia’s asset risk
Profitability is also set to decrease in 2025, Moody’s said.
Trust Bank reaches 1 million customers, unveil TrustInvest
Its revenue is S$97m for 2024.
Bangkok Bank approves paying out $485m for dividends
The THB6.5 per ordinary share will be paid out on 9 May.
Japan Post Bank’s net income up 17% to $2.05b in Q3 FY2025/3
Net income per share is JPY85.26.
BEA’s profits up 11.9% to $591.9m in 2024
Operating profit before impairment losses is up 3%.
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1. HSBC cuts dozens of analyst jobs in investment banking overhaul: report 2. Malaysia fines Maybank Islamic for info submission lapses 3. HSBC Malaysia penalized $690,000 for customer screening non-compliance 4. OCBC names Elaine Heng as head of global commercial banking 5. Malaysia fines two banks for non-compliance with AML/ CFT requirementsResource Center
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