Banks
China’s big banks post flat 2025 profit on margin squeeze
The lenders continue to suffer deteriorating lending margins and rising loan impairments
National Australia Bank to cut 170 jobs amid offshore expansion
The lender adds it will continue hiring and developing staff locally, particularly in customer-facing roles
Talent fight intensifies in Hong Kong’s US$1 trillion wealth hub
The city is re-emerging as a primary destination for shifting capital, amid geopolitical volatility in the Middle East and regulatory tightening in Singapore
VPBank seeks US$1.2 billion in one of Vietnam’s largest ESG deals
The Hanoi-based firm has mandated more than a dozen banks to underwrite the three-year facility, according to sources
HSBC mulls deep job cuts from multi-year AI-fuelled overhaul
The changes could ultimately affect around 20,000 roles, or about 10 per cent of its total workforce: source
Senior bankers quit Wall Street jobs for corporate roles in Asia
The talent squeeze is being further tightened by intensifying poaching from rivals and a rising demand for qualified IPO sponsors

Wealth bankers rush to calm growing private credit fears in Asia
Regulators in Asia are also increasing scrutiny of the asset class, aiming to protect less-savvy individual investors
Should investors worry about a 2008-style shock?
From Iran to private credit, things are unnerving but the wider financial system is better prepared
Fortifying the role of finance after Indonesia’s floods
When well governed, it can absorb shocks, speed reconstruction and strengthen resilience
JPMorgan, UBS dropped hedge fund embroiled in Hong Kong probe
Regulators have also warned banks over the quality of IPO applications