Managers of Wealth Asia Pacific

UOB Profit Dips From Higher Costs

The Singapore lender recently migrated customers in Thailand to the UOB platform after completing the transition in Malaysia and Indonesia in 2023.

NAB partners UK fintech Banked to boost merchant adoption of A2A payment solutions

The first group of NAB business clients to adopt the functionality are to go live with A2A payments “in the first half of 2024”.

Absa opens in China

China is now Africa’s and South Africa’s largest bilateral trade partner

Standard Chartered Q1 profit rises 5.5%, beats estimates

StanChart had taken a total of US$850 million in writedowns in the previous quarters on its stake in China’s Bohai Bank

China Construction Bank shows highest upside potential among Asia bank stocks

There is no certainty that the stocks will reach the price targets set by analysts.

NAB earns ‘Best Retail Bank for Digital’ for making banking easy and secure

The Digital Banker’s judging panel – including leaders from across the financial services industry – found digital initiatives including the removal of links from text messages and payment alerts made NAB best-in-class.

Axis pips Kotak Bank as 3rd most valued private bank

Axis Bank, with a market cap of Rs 3.5 lakh crore, replaced Kotak Bank as the fourth most valued lender in India.

Bank Danamon and MUFG Partner to Boost Financial Inclusion in Indonesia Through Strategic Insurtech Investment

The partnership was realized through an investment placement in Qoala

Standard Chartered accelerates API adoption with launch of new Open Banking Marketplace

In embracing the future of banking, Standard Chartered has been focused on enhancing its open banking capabilities through the sharing and use of APIs.

Goldman eyes local banking licence to grow ultrarich lending business

The Wall Street investment banking giant’s local private wealth team currently includes some 13 advisers in Sydney and Melbourne.

Westpac enables open banking for brokers

The partnership will see Westpac integrate open banking data through NextGen’s loan lodgement platform ApplyOnline.

Regional banks dying a slow death

The country’s smaller banks have a bleak future due to higher cost of funds, excessive capital requirements, costly technology upgrades and lack of scale. But will regulators do anything about it?

HSBC Kicks Off Major Summit in Hong Kong

The summit is held days after the bank’s flagship sports event «HSBC Hong Kong Rugby Sevens» which lasted from April 5 to 7.

DeFi Meets TradFi: Hong Kong's ZA Bank Targets Stablecoin Issuers

The bank has facilitated transfers exceeding $1 billion from over 100 Web 3 clients.

Brunei Darussalam Central Bank and Bank of the Lao PDR Formally Join the Regional Payment Connectivity Initiative

The inclusion of BDCB and BOL bring the RPC group to a total of eight ASEAN central banks.

HDBank announces financial statements with profit of $524 million, ROE 24.2%, releases 2024 ESG report

In 2023 the bank pioneered upgrading to Basel III international governance standards and embracing an environmental, social and governance (ESG) strategy.

Australian banks risk alienating regional communities amid branch network cuts

The lenders defended the branch closures as a response to a changing customer base that relies more on digital services than physical banking.

Metrobank named top lender for PH ultra-rich

The Banker recognized Metrobank as the Philippines’ Bank of the Year for 2022 and 2023.

Ty-blings’ Metrobank retains crown as Best Private Bank for ultra rich Pinoys

The Banker recognized Metrobank’s excellence with “Bank of the Year” in the Philippines for both 2022 and 2023.

Philippines' Metrobank partners with CBTW to transform its wealth management technology

Metrobank and CBTW are implementing Temenos Wealth to improve Metrobank's operational efficiency, elevate the customer experience, and accelerate business growth.

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