The Bangko Sentral ng Pilipinas (BSP) will issue revised guidelines this year to allow banks in the Philippines to sell insurance...

HSBC has announced plans to exit its retail banking operations in Bangladesh as part of a global strategy to streamline operations and reduce costs, CEO Georges Elhedery confirmed during the bank’s H1 earnings call. The wind-down will begin in H2 2025 and follows a strategic review across four Asian markets—decisions for Australia, Indonesia, and Sri Lanka are still pending. The move aligns with HSBC’s broader reorganisation aimed at achieving USD1.5bn in cost savings by 2026

The Hong Kong Monetary Authority (HKMA) is piloting a business credit-scoring system under its Commercial Data Interchange (CDI) scheme...

Finance sector unions from Sri Lanka, India, Pakistan, Nepal, and Bangladesh have pledged to advance socially responsible finance and...

Vietnam is partnering with Switzerland to develop international financial centres, National Assembly Chairman Tran Thanh Man said during...

Scams and money mule accounts have overtaken traditional fraud as the primary threat to banks in Asia-Pacific, according to a FICO survey...

Airwallex has obtained a Capital Markets Services (CMS) licence from the Monetary Authority of Singapore, allowing it to launch its...

The International Finance Forum (IFF) and China Galaxy Securities have released the 2025 Global Sustainable Investment Index Report ,...

The Hong Kong Monetary Authority (HKMA) has issued AML fines against Indian Overseas Bank (IOB), Bank of Communications (BCOM), and its...

The Hong Kong Monetary Authority (HKMA) is preparing to introduce Hong Kong stablecoin regulations to address fraud and market...

The Monetary Authority of Singapore (MAS) has appointed Fullerton Fund Management, JP Morgan Asset Management, and Avanda Investment...

The Hong Kong government has reappointed Christina Choi, Rico Leung, and Michael Duignan as executive directors of the Securities and...

The Bangko Sentral ng Pilipinas (BSP) has emphasised that financial inclusion efforts must extend beyond mere account ownership. This...

The Monetary Authority of Singapore (MAS) is preparing proposals to give retail investors more accessible civil recourse for stock market...

Hong Kong should cement its status as a regional hub for capital markets, digital finance, and treasury operations amid global structural...

Cathay United Bank has launched Taiwan’s inaugural onshore private banking service within the newly established Kaohsiung Asset...

Hong Kong has introduced new regulatory standards for banks’ cryptoasset exposures, aligning with global norms established by the Basel...

The Sustainable Finance Association of Singapore (SSFA), supported by the Monetary Authority of Singapore (MAS), has released updated...

Hong Kong’s fintech investment ecosystem received a boost following the successful conclusion of an InvestHK seminar on 10 July. The...

HSBC has exited the Net Zero Banking Alliance (NZBA), joining a growing list of major banks reassessing climate-related commitments. The...