Managers of Wealth Asia Pacific

Korean banks see overseas net income rise by 2 percent in 2025

The net profit from overseas accounted for 9.8 percent of their total income at 24.1 trillion won, the data showed.

Citibank Korea Achieved Strong Q1 Result

Return on equity for the quarter rose 3.81 percentage points to 9.73 percent.

OCBC Partners With Australia to Boost Southeast Asia Trade and Investment

The partnership brings together OCBC’s regional banking network and financing capabilities with the Australian government’s policy expertise.

HSBC Singapore Launches Health and Longevity Services for Affluent Clients

The move reflects a broader shift among wealth management clients toward holistic approaches to wealth that combine financial planning with health and quality-of-life considerations.

Fitch Revises Outlook on Citibank Taiwan to Positive on Parent Rating Action; Ratings Affirmed

A full list of rating actions is at the end of this Rating Action Commentary.

Standard Chartered Bank India Honoured with Multiple Prestigious Titles at the 2026 Global Banking & Finance Review Awards

The 2026 Global Banking & Finance Review Awards celebrate excellence across the global financial services sector, recognising institutions that demonstrate innovation, performance, and a commitment to delivering superior value to clients.

Ant International strengthens cross-border payments with privacy upgrade

Under the new framework, all data handled by Alipay+ is encrypted before processing and remains protected throughout the transaction lifecycle.

ClearBank names Tazapay as first Singaporean client, strengthening Asia–Europe payments corridor

The partnership also builds on Tazapay’s expanding multijurisdictional regulatory footprint, with active licenses in Singapore, US, Canada, and Australia, and further approvals underway across Europe, UAE, and Hong Kong.

Banks lag tech firms in driving credit card use

Delayed rewards and weak reminders leave cardholders disengaged.

Thunes Expands Cross-Border Payments Network to New Zealand

The New Zealand launch adds to Thunes’ wider push to expand cross-border payment coverage across Asia Pacific.

UOB Expands Retail Scale After S$4.9 Billion Citi Consumer Banking Deal

The bank now serves more than 8.5 million customers across ASEAN as it continues investing in infrastructure and digital capabilities.

Commercial banking dominates M&A with 179 deals worth $190b

The segment captured 38% of the 2025 value.

ASX Release - AMP Limited 1Q 26 cashflows and business update

45% growth in Platforms net cashflows; continued improvement in S&I net cash outflows

HSBC Secures Hong Kong Stablecoin Licence

The bank also emphasized adherence to stringent financial crime compliance standards, reflecting regulators’ growing focus on security and transparency in digital assets.

Hang Seng Bank partners with Capital Group in Hong Kong

Hang Seng Bank will have exclusive rights to distribute Capital Group’s flagship US equity fund to its retail customers for three months.

Thai banks face asset stress on risky borrower exposure

Over a fifth of Thai loans are exposed to highly leveraged large corporations.

Maybank reaffirms support for customers amid ongoing uncertainties

Customers may request assistance through multiple channels, including the ‘Financial Relief’ option on Maybank2u

GCash and Lawson Roll Out Digital Payments Across 200 Philippine Branches

Powered by GCash for Business - EasyPOS, the stores now accept QR, card, and tap payments, while also serving as over-the-counter cash-in hubs.

Federated Hermes Asia ex-Japan equity fund recognized by MAS

The $5bn fund is the first Federated Hermes strategy to receive retail registration in Asia Pacific.

DBS wins Euromoney's top honour as the 'World's Best Private Bank' in triple global award sweep

Also recognised as the inaugural winner in the ‘World’s Safest Private Bank’ and ‘World’s Best for Digital Assets’ categories

Retail Banking