Banking

iFast Q4 net profit rises more than 70% to S$32.9 million as banking operations turn profitable
Revenue for the quarter up 45.7% at S$151.7 million, driven by stronger contributions from ePension division[SINGAPORE] Digital bank and wealth management platform iFast posted a 70.4 per cent rise...
Net-Zero Banking Alliance formally winds down after Wall Street exodus
THE world’s biggest climate alliance for banks said on Friday (Oct 3) that it has ceased operations, bringing to a formal end a project that drew net-zero pledges from...
Barclays latest British lender to quit climate banking alliance
The NZBA lists more than 100 members on its website, including leading international financial institutionsPublished Sat, Aug 2, 2025 · 09:36 AM[LONDON] Barclays has become the latest British lender...
US consumer finance watchdog says it will replace Biden-era ‘open banking’ regulations
[WASHINGTON] A federal judge on Tuesday paused a lawsuit against the US Consumer Financial Protection Bureau that had sought to strike down “open banking” regulations, granting the agency’s request...
HSBC Global Private Banking appoints new senior leadership across S-E Asia, Australia markets
[SINGAPORE] HSBC Global Private Banking announced on Tuesday (Jul 22) a series of senior appointments to deepen its coverage across South-east Asia, Australia, and international markets.These include Joanne Ng,...
Citi to boost Japan investment banking headcount up to 15%, executive says
[HONG KONG] Citigroup plans to raise its investment banking headcount in Japan by 10 to 15 per cent over the next year and make new hires in Australia, as...
US banking giants reap gains from dealmaking rebound
[NEW YORK] Large US banks expressed optimism about the investment banking outlook for the rest of the year after dealmaking rebounded in the second quarter, as they reported in...
US bank profits to climb on stronger trading, investment banking
[NEW YORK] Major US banks are expected to report stronger profits next week, driven by buoyant trading and a modest rebound in investment banking.When JPMorgan Chase, Citigroup and Wells...
Barclays names several leadership changes in its Asia Pacific investment banking unit
[SINGAPORE] Richard Satchwell has been appointed head of capital markets financing for Asia-Pacific at Barclays, among other key leadership changes within the bank’s Apac Investment Banking business. The change...
HSBC private banking arm names new Apac head of wealth planning
Ann Ling brings more than two decades of financial services experience to the role, which she will assume on Jul 1 [SINGAPORE] HSBC Global Private Banking has appointed a...
TrueMoney stands out in Thailand’s virtual banking shake-up after licence win
[BANGKOK] Thailand is shaking up its sleepy banking sector. The Thai Finance Ministry’s decision to grant virtual bank licences to three consortiums on Jun 19 is set to inject fresh...