Banks
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
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
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
CGSI upgrades Singapore banking sector to ‘overweight’ on net interest income upside
It raises earnings per share estimates for all three local banks
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
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
Malaysia banks signal caution despite resilient Q1 results
Their asset quality remains healthy, though they are watching for signs of slower credit demand ahead
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
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