Acquisitions
Weekly Global News Wrap: State Street not buying Credit Suisse; Italy to expire bad loan scheme
Weekly Global News Wrap: State Street not buying Credit Suisse; Italy to expire bad loan scheme
And China gives the first nod to revive Ant IPO.
From Reuters:
Financial services and bank holding company State Street has denied reports that it is looking to buy Credit Suisse.
KASIKORNBANK’s stake buy of PT Bank Maspion unlikely to dent strength: Fitch
Thai banks are on an expansion spree overseas amidst weak chances domestically.
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1. OCBC CEO Helen Wong to retire; Tan Teck Long named successor 2. Investment banking fees jump 38% in H1 2025: report 3. Exceptional fintech leaders, innovations honoured at Asian Banking & Finance Fintech Awards 2025 4. Revolut partners with Ant Int’l to enable transfers to China via Alipay 5. OCBC rules out future Great Eastern bids after delisting failsResource Center
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OCBC clinches multiple wins at the Asian Banking & Finance Retail Banking Asia Awards 2025
The financial institution bagged the ASEAN SME Bank of the Year, SME Bank of the Year - Hong Kong, and SME Bank of the Year - Indonesia.
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Beyond the code: How mobile banking is weaving a new financial narrative in Asia