Xander Ceballos

Investment banking fees jump 38% in H1 2025: report

Investment banking fees jump 38% in H1 2025: report

Citi led the market with $72.9m (US$54m) in fees, capturing a 12.5% share.
6 days ago

UOB signs MoUs to support business expansion across ASEAN

These partnerships aim to enhance trade, investment, and the internationalisation of Singapore enterprises.

Singapore fraud losses rise as APP scams take over

The report revealed human-initiated attacks in Singapore surged by 30% YoY, even as automated bot attacks declined by 27%.

Hong Kong’s millionaire density trails only mainland China: report

It noted Hong Kong as having one of the highest millionaire densities in the world, second only to mainland China.

DBS first to accept CPF LIFE payouts for credit card applications

It aims to expand access to financial products for retirees and seniors receiving monthly payouts.

OCBC’s revised Great Eastern bid seen having limited financial impact: RHB

RHB maintained a ‘Neutral’ rating on OCBC with a target price of $17.50, representing a 7% upside.

Deutsche Bank partners with finaXai on token fund servicing

It will assess the integration of machine learning and large language models into asset servicing workflows.

RCBC posts ₱1.517t in assets in strong Q1 2025 performance

The report showed a QoQ increase in both solo and consolidated assets. On a solo basis, RCBC’s total assets rose to ₱1.509t.

CIMB pledges S$2.98b to support Johor-Singapore SEZ

The platform offers tailored support services including fast-track account setup, regulatory guidance, and banking solution.

India’s credit card spend slumps 9% MoM to 7-month low

Whilst spending grew 12% YoY, the pace of growth has slowed compared to previous months.

Finance workers expose data by using personal apps: report

ChatGPT ranked 8th amongst the most common platforms for such violations.

Singapore banks face margin squeeze despite strong results: Moody’s

Looking ahead to 2025, Moody’s said banks may expect mid- to high-single-digit loan growth.

HK credit card receivables rebound 7.9% to $162.2b in Q4 2024

The combined delinquent and rescheduled ratio remained stable at 0.4% at the end of Q4.

EBANX secures MPI license approval in principle

This approval enables EBANX to offer a comprehensive range of payment services in Singapore.

Standard Chartered named banking partner for StraitsX stablecoins

The partnership aims to enhance the reserve management of StraitsX’s stablecoins.

Nearly 90% of Singapore banks lose clients due to onboarding delays

Singaporean banks have been experiencing the highest client losses worldwide due to Know Your Customer (KYC) inefficiencies. 

HKMA, AMCM unveil direct linkage for cross-border bond investment

This initiative aims to promote the development of bond markets in both regions.