News

BOCHK raises prime lending rate to 5.75%

The HKD savings deposit rate was also adjusted.

Hang Seng Bank changes its board composition

Michael Wu Wei Kuo retired as the Independent Non-executive Director.

Michael Wu takes final bow as Hang Seng Bank's Non-executive director

He also retired as chairman and member of some of the bank's committees.

Improved mortgages to support ANZ’s earnings over the next two years

Net interest margin improved 7bps in the six months ending 31 March 2023.

Australia’s Macquarie Bank’s earnings to rise by retail banking business: S&P

The bank’s parent company will also enjoy income growth from outside Australia.

Wealth management industry challenged to rear investors to safe-haven assets

StashAway says 80% of affluent clients are receptive to receiving advisory services from AI and other digital channels.

Airwallex Hong Kong’s gross revenue grows threefold

Its consumer base also grew more than double.

Australia-based CoinJar lays foot on US grounds

The CEO remains confident despite regulatory risks.

Public Bank raises interest rates by 0.25%

Its standardised base rate will now be 3%, whilst base lending rate is 6.72%.

FWD and SCB add 2 years to Thailand bancassurance contract

The collaboration with SCB has the largest contribution to FWD Thailand’s business.

OCBC upskills 2,000 elderly customers with its Digital Silvers programme

It is increasing its workshops to thrice a week from only twice a month.

Singapore’s Trust Bank exceeds 450,000 customers in 5 months

This comes after the bank onboarded 100,000 people in 10 days after launch.

HSBC posts pre-tax profit of $12.9b, with first quarterly dividend at $0.1 per share

Profits include a provisional gain of $1.5b from SVB Bank UK acquisition in March.