3+ day, 4+ hour ago   (158+ words) DBS said that it sees no provisions needed at this point in time. DBS said that it “categorically rejects” an estimated $1.03b (S$1.298b) claim related to the 1Malaysia Development Board (1MDB). “DBS has consulted its legal advisers, and categorically rejects and will vigorously…...

3+ day, 3+ hour ago   (194+ words) They aim to streamline AI agent onboarding and identification. The framework will be based on shared principles while preserving each network's own verification and decisioning processes, according to a joint statement of 10 September 2026. The three companies aim at helping card…...

3+ day, 3+ hour ago   (164+ words) He joins from CITIC CLSA, where he was head of institutional equities and country head for Japan. Crédit Agricole CIB has appointed Oliver Matthew as head of the private capital group for Japan. In this newly created role, Matthew will…...

5+ day, 1+ hour ago   (274+ words) The RAM segment will mainly drive its loan growth but NPL will inch up. Bank of India is expected to continue improving its risk management and asset quality over the next two years, according to S&P Global Ratings. The…...

5+ day, 1+ hour ago   (314+ words) Three state lenders will receive a combined $43.21b (CNY290b) in capital injections. China’s finance ministry is injecting a combined $54b into state-owned insurers and banks, according to Reuters, based on a report by Xinhua and separate company statements. Three state lenders announced on…...

5+ day, 7+ hour ago   (389+ words) Finance companies are adopting a cautious tone on their lending policies, said UOBKH. Thailand’s finance companies are expected to miss loan growth targets in 2026 as they prioritise loan quality, according to a report by UOB Kay Hian. Loan portfolios collectively…...

6+ day, 1+ hour ago   (109+ words) Mastercard has appointed Beena Pothen as division president, West Southeast Asia. Pothen will lead Mastercard’s business across Singapore, Malaysia, Thailand, Brunei, and Myanmar. Pothen was previously country manager for Malaysia and Brunei. Her appointment comes with the introduction of Mastercard’s…...

6+ day, 2+ hour ago   (155+ words) Insurance assets’ growth outpaced that of banks during the quarter. The total assets of China’s financial institutions rose 7.7% year-on-year (YoY) to $83.77t (CNY562.2t) by the end of the second quarter of 2026, according to data from the People’s Bank of China (PBOC). Assets…...

1+ week, 4+ day ago   (146+ words) Yang will join RCBC’s related party transactions committee. Rizal Commercial Banking Corporation (RCBC) has appointed Hua-Sheng Yang as director, effective 1 September 2026. Yang is the senior vice president of the risk management division 1 of Cathay, where he worked for 19 years, according…...

1+ week, 4+ day ago   (294+ words) Other non-interest income remained a key profit driver of banks in Q2. Chinese banks continued to report solid results in Q2 2026, but loan growth was slow and fee income ‘disappointed’, said CreditSights. The banks are expected to continue enjoying government support and…...