News

Australia’s Macquarie Bank’s earnings to rise by retail banking business: S&P

The bank’s parent company will also enjoy income growth from outside Australia.

Australia’s Macquarie Bank’s earnings to rise by retail banking business: S&P

The bank’s parent company will also enjoy income growth from outside Australia.

Wealth management industry challenged to rear investors to safe-haven assets

StashAway says 80% of affluent clients are receptive to receiving advisory services from AI and other digital channels.

Airwallex Hong Kong’s gross revenue grows threefold

Its consumer base also grew more than double.

Australia-based CoinJar lays foot on US grounds

The CEO remains confident despite regulatory risks.

Public Bank raises interest rates by 0.25%

Its standardised base rate will now be 3%, whilst base lending rate is 6.72%.

FWD and SCB add 2 years to Thailand bancassurance contract

The collaboration with SCB has the largest contribution to FWD Thailand’s business.

OCBC upskills 2,000 elderly customers with its Digital Silvers programme

It is increasing its workshops to thrice a week from only twice a month.

Singapore’s Trust Bank exceeds 450,000 customers in 5 months

This comes after the bank onboarded 100,000 people in 10 days after launch.

HSBC posts pre-tax profit of $12.9b, with first quarterly dividend at $0.1 per share

Profits include a provisional gain of $1.5b from SVB Bank UK acquisition in March.

OCBC and RHB co-establish two sustainability-linked solutions

The facility will enable RHB Malaysia to convert its SGD-denominated proceeds to US$.

US Treasury and MAS reinforce cross-border cybersecurity

The collaboration follows the MOU on Cybersecurity Cooperation between the institutions in August 2021.

DBS hits record net profit of S$2.57b in Q1

Board has declared a dividend of SGD 42 cents per share.

Mox Bank hit HK$170m operating income in 2022

The bank remains dedicated to reaching break-even in 2024, CEO Barbaros Uygun said.