News
India credit card spending grows 11.5% in November on e-commerce
India credit card spending grows 11.5% in November on e-commerce
The number of outstanding credit cards rose to 11.5 crore in November 2025, up from 10.7 crore a year earlier.
Standard Chartered appoints equities, fixed income CIOs to global team
New Singapore and Hong Kong roles support wealth advisory platform
Citi, CredAble partner for digitalised invoices, trade finance controls
The platform can validate invoices by verifying over critical fields such as values, dates, amongst others.
Top 25 banks reach $6.1t market value in Q4 2025
GlobalData said banks are entering 2026 with a more stable outlook.
Bank of Singapore grows DPM assets 20% in 2025
China, Hong Kong, Malaysia clients drove the DPM growth.
Singapore banking sector adapts to AI, digitalisation in 2026
AI adoption, talent demand, and digital skills shape banking 2026.
Citi’s APAC investment banking revenue hits US$514m in 2025
Cross-border M&A, sector trends, and AI underpinned APAC growth.
CIMB partners Weixin Pay to support Chinese tourist spending in Malaysia
The mini program launches in January 2026.
Citi hires Alexander Wong to boost APAC client coverage
He joins from Credit Suisse.
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.
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.
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.
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.
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
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