Frances Gagua
Citi strengthens ANZ team with Jefferies, JP Morgan, Credit Agricole hires
Citi strengthens ANZ team with Jefferies, JP Morgan, Credit Agricole hires
Paul Buys joins from Canaccord Genuity as head of research for Australia and New Zealand.
BofA sees 60% surge in QR sign-ups for CashPro platform
CashPro has surpassed 2 million users globally.
Hang Seng Bank’s credit card holders can use +FUN Dollars at 150,000 merchants
Customers can earn extra +FUN Dollars of up to HK$1,200 in value.
Banks miss $10t wealth opportunity by neglecting affluent women clients
Lack of women advisors and male-focused wealth servicing is hurting wealth managers’ long-term strategies.
Weaker rupiah won’t weight much on Indonesian banks
There is a limited mismatch between their deposits and FX loans, says Fitch.
Islamic finance assets to reach $7.5t by 2028
Bank accounts make up 70% of the total assets.
BofA expands Nicole Waaka’s role as head of GPS Australia Corporate Sales
Waaka will be part of the GPS Asia Pacific Senior Leadership Team.
Arta Finance partners with IAFA to give investors exclusive investment
IAFA will use Arta's AI tools.
Krungsri to power payments of Thailand’s export-import certificate issuances
Users no longer need to physically visit service centers.
Maybank facilitates $545m in investments into Johor-Singapore SEZ
It has facilitated submission of Letters of Intent by Thomson Medical Group, etc.
Chinabank’s net income up 10% to $116.8b in Q1 2025
Net interest income and total assets both grew double digits during the quarter.
Malaysia’s lending grew by 5.5% in Q1 2025
Household loans grew by 6% during the quarter.
BDO Network Bank is officially a thrift bank
It has secured regulatory approvals to convert from a rural bank.
Philippine bankers’ orgs ink MOU to improve banking skills
They will promote seminars, conferences, conventions, and training programs.
Embedded finance platform Credilinq closes $8.5m Series A funding round
It plans to expand to the US, and eventually the UK and Australia.
Singapore in talks with banks to enhance financing schemes for businesses
Local companies have expressed concern on delayed and cancelled orders.
China’s property market stabilisation is good news for lenders
But regional banks will still struggle, as recovery of lower-tier cities is still “lagging.”
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
