DBS Group is leading the race to acquire a controlling stake in Indonesia’s Panin Bank, ahead of Malaysia’s CIMB Group, according to...

The Hong Kong Monetary Authority (HKMA) is preparing to launch ‘Wealth Connect 3.0’, an upgraded version of its cross-border...

South Korea's top financial regulator pledged to take pre-emptive steps to safeguard financial stability as the country faces challenges...

France’s Ardian SAS and US-based Arga Investment Management LP are setting up offices in Hong Kong, signalling renewed interest in the...

AXA Insurance Thailand is aiming for double-digit growth in non-life insurance premiums this year, banking on strong demand in motor,...

Financial institutions supervised by the Bangko Sentral ng Pilipinas (BSP) reported cyberattack-related losses amounting to PHP5.82bn...

Hong Kong will host the third Wealth for Good in Hong Kong Summit on March 26, highlighting its role as a global wealth management hub....

Private equity (PE) deal activity in Asia-Pacific rose 11% to USD176bn in 2024, driven by a surge in buyout transactions, global...

HSBC has promoted Chito Jeyarajah as head of investment banking in Asia, effective April 1, the bank confirmed. Jeyarajah, currently head...

BNP Paribas has appointed Eric Tran as chief sustainability officer for global banking APAC, relocating him from Hong Kong to Singapore....

Vietnam has raised the foreign ownership cap to 49% from 30% for select banks that have absorbed struggling lenders, aiming to accelerate...

Ontario Teachers’ Pension Plan will shut its Hong Kong office as it reduces exposure to China, sources said. The Canadian fund, managing...

South Korea’s financial regulator announced measures to boost savings banks, including easing M&A rules and revising loan classification...

E.Sun Financial Holding Co will acquire a 91.2% stake in PGIM Securities Investment Trust Enterprise, Prudential Financial Inc’s Taiwan...

Malaysia’s Securities Commission (SC) has charged Lau Min Thung, a former head of dealing at CIMB Investment Bank, with securities fraud...

A Singapore court has ordered a global freeze on assets linked to four former employees accused of misappropriating SGD74m (USD55.5m)...

The Thai Chamber of Commerce (TCC) has urged the government to grant local businesses the same tax incentives as foreign investors to...

Singapore’s insurance sector is seeing a wave of leadership changes, with new CEOs coming from both insurance and banking backgrounds,...

The World Bank has raised Vietnam’s real GDP growth forecast for 2025 to 6.8%, up 0.2 percentage points from its January estimate but...

Thailand is seeing increased foreign investment amid global trade tensions, helping to drive economic growth toward its 3-3.5% target,...