Banks

Despite signs that some institutional investors are cooling on the asset class, industry titans this month pushed back on that narrative at a major European conference.

Australia probes private credit lenders, warns on valuations

The real estate sector is a major borrower in the roughly A$200 billion industry in the country

This marks the first use of Singpass beyond Singapore-based services.

Singaporeans and PRs can now open OCBC Malaysia business accounts with Singpass

The bank says applicants can complete identity authentication digitally as part of the process

The Korean won remains one of Asia’s worst performers, down 5.8% this year, trailing only the Indonesian rupiah.

South Korea inspects major FX banks for destabilising won trades

Its Customs Service uncovers 415.4 billion won in illegal FX transactions at 38 firms between January and May

“Continued liquidity inflows through deposits have supported resilient NII,” say CGSI analysts.
BROKERS’ TAKE

CGSI upgrades Singapore banking sector to ‘overweight’ on net interest income upside

It raises earnings per share estimates for all three local banks

The increased scrutiny of mainland Chinese bank clients is part of a broader push by Beijing to stem capital flight in an unprecedented crackdown on illegal cross-border trading.

Hong Kong Monetary Authority says it’s implemented new bank rules for opening accounts

The new measures will enhance Hong Kong’s advantages as an international financial centre, it adds

The proportion of new finance hires in Singapore with prior internship experience grew more than six percentage points between 2020-2022 and 2023-2025.

Seeking a job in finance? Internships are crucial for fresh grads, say observers

They help undergraduates build real-world experience, problem-solving and adaptability skills

Six of the 10 Bursa Malaysia-listed banks recorded growth in revenue and profit in the first quarter.

Malaysia banks signal caution despite resilient Q1 results

Their asset quality remains healthy, though they are watching for signs of slower credit demand ahead

Mainland residents have long used Hong Kong’s financial system to bypass Beijing’s strict capital controls.

Banks curb China trips, delay events after cross-border scrutiny

The moves also coincide with an intensifying drive by Chinese tax authorities to collect taxes on offshore income

Gift City has increasingly drawn business from Asia’s more established financial centres such as Hong Kong and Singapore.

Talent fight heats up in India finance hub as DBS, Standard Chartered chiefs quit

Global banks are expanding their presence in Gift City, lured by tax incentives and a lighter regulatory framework