News
Mastercard launches Fleet: Next Gen to streamline fleet payments in APAC
Mastercard launches Fleet: Next Gen to streamline fleet payments in APAC
It offers acceptance in a million locations and data gathering capabilities.
Close gov’t supervision driving Evergrowing Bank risk upgrades
S&P flags legacy loan strain despite Shandong oversight push.
Westpac hikes home loan rates as it flags budget pressure
Westpac's consumer chief executive recognized that the increase may add pressure to households.
Japan Post Bank flags $23.47b unrealised securities losses to Dec
The book value of the securities is JPY29.86t.
Norinchukin fortifies JA Mitsui Leasing after $968m fraud allowance
Norinchukin is in talks with SMBC and other major banks to provide loans to JAML.
MUFG launches the Slim Course pension plan in iDeCo system
It offers zero management fees and aims for the industry’s lowest operating costs.
SMBC signs SBI pact to back India sunrise sector project finance
They aim to grow India’s “sunrise sectors”.
Philippine banks signal credit squeeze as tightening bias grows in Q1
About 12.8% of banks expect to tighten credit standards for household loans.
SMFG profit up 22.8% to $8.99b in 9M on higher income
It forecasts an annual cash dividend of JPY157 for the fiscal year.
Korea revises bill to check criminal info of virtual asset service providers
The law also broadened rule-breaking activities that are screened.
E-ang bao use jumps nearly 50% in 2025 as seniors ditch red packets: OCBC
Nearly 8 in 10 seniors were first-time e-ang bao senders, OCBC said.
DBS Hong Kong names Xu Qing as managing director and risk head
Xu will oversee all credit and risk functions in Hong Kong, mainland China, and Taiwan.
Failed P&N-CUA merger won’t slow Aussie mutual bank consolidations: S&P
The two banks are expected to continue seeking consolidations.
PNL and Great Southern Bank scrap merger
The two Australian banks’ boards agreed to terminate their MOU.
Citi rolls out evergreen private market funds for HNW clients
It has partnered with Blackstone, Blue Owl, and KKR to launch the funds.
Standard Chartered names Ryan Song as head of M&A in Korea
He is expected to help grow the bank’s M&A advisory business in the region.
MUFG Bank invests in GLIN Impact Capital 2 to back ESG growth
The investment aligns with the bank’s medium-term business strategy.
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1. How digital payments are forcing QSRs to rebuild checkout and staffing 2. MariBank links remittances to Weixin Pay via TenPay Global 3. Japanese banks face bond yield shocks as yields hit 2.23% 4. DBS to focus on tech resilience and grow fee income in 2026: analyst 5. DBS pilots Visa Intelligent Commerce for agent-initiated paymentsResource Center
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