Frances Gagua

Financial conglomerates top Taiwan’s richest in 2025

Financial conglomerates top Taiwan’s richest in 2025

Fubon Financial Holding’s and Cathay Financial Holdings’ leads are in the top 3.

SWIFT cites high cost of splintered financial world

Many digital payment platforms remain disconnected from each other.

BDO names new head of comptrollership group

Gwyneth Entao previously served as finance head of the Philippine bank’s consumer banking group.

OCBC, Ant Int’t to deliver embedded financial services to Indonesian SMEs

They believe that it will benefit thousands of small businesses.

Lloyds, BNP Paribas launch new FX algorithmic execution service

Clients are expected to execute large FX trades more efficiently.

MUFG partners with Kodansha, CREDEUS team up to fund film productions

They will fund live-action film series adaptations of Kodansha-published works.

SP Payment Service buys 13.8% of Nomupay’s shares for $40m

They aim to process client businesses’ payments in Asia and globally.

HSBC, Allianz Life launch wealth growth and life protection plan in Malaysia

The plan offers a minimum sum assured of MYR1m and payment flexibility.

ADVANCE.CBP, Korea Credit Bureau ink MOU for cross-border credit info exchange

Over 70,000 overseas Filipino workers in Korea will be able to use their credit information.

Chart of the Week: Malaysia’s card payments to grow 4% in 2025

Wider card acceptance and contactless cards will help drive this growth.

Companies seek real-time liquidity management to avert cash-flow crisis

There is increased corporate demand for liquidity and risk coverage, says HSBC.

Visa launches AI-powered commerce initiative

It is working with Ant Int’l, Grab, and Tencent to enable an AI-powered checkout experience.

Citi nabs BofA banker to lead Chinese banking operations

Wenjie Zhang will join Citibank (China) in July 2025.