News

Citi’s APAC investment banking revenue hits US$514m in 2025

Cross-border M&A, sector trends, and AI underpinned APAC growth.

Japan, Indonesia renew pact to boost local currencies in bilateral transactions

Japan finance ministry, Indonesia bank expand transactions to all bilateral economic deals.

Canara HSBC Life partners Equitas SFB for bancassurance

The bank has a network of 994 branches and 365 ATMs.

Banking phishing drove 23% of employee clicks

Netskope said phishing campaigns now rely on counterfeit login pages.

BSP mandates ISO 20022 adoption across retail payments in Philippines

 BSP said it will establish an ISO 20022 Harmonization Industry Project Team to coordinate the industry-wide transition.

Hong Kong bank deposits rise in November as lending stays flat

The Hong Kong dollar loan-to-deposit ratio edged down to 73.2% at end-November from 73.6% at end-October. 

ZA Bank users earn over $8m in interest and stock rebates in 2025

 ZA Bank said users most frequently invested in information technology, consumer discretionary, and healthcare sectors.

HKMA doubles RMB Business Facility quota to RMB100b

The RBF quota assignment considers past facility usage and pipeline.

Retail banks complete rollout of Money Safe anti-scam service

Mandatory face-to-face verification adds new layer of deposit protection

HKMA launches IP financing sandbox for innovative SMEs

Sandbox aims to assist pilot sectors in leveraging IP assets

Philippine FCDU loans fall 3.9% in September 2025

This is despite the 5.7% growth in deposits in foreign currencies, the central bank said.

Malaysia’s central bank says FATF outcome supports financial system confidence

The upgrade reflects stronger compliance and effectiveness in tackling money laundering.

PAObank assets more than double, gets $64.2m capital

PAObank chief executive Ronald Iu said the capital injection reflects shareholder support.

HSBC expands innovation banking in Singapore

The bank deploys capital, talent, and global investor networks to help startups scale.