Maybank Singapore to allow businesses to transact in ringgit
KUALA LUMPUR: Malayan Banking Bhd (Maybank) has become the first bank in Singapore to enable eligible Singapore-based corporate clients to receive, hold and transact in ringgit.
CIMB Niaga posts 5.8 trillion rupiah pre-tax profit in 9M26
PETALING JAYA: PT Bank CIMB Niaga Tbk, CIMB Group Holdings Bhd's Indonesian subsidiary, has posted a profit before tax of 5.8 trillion rupiah for the first nine months of 2026, backed by resilient loan growth and robust current account and savings account (CASA).
Deutsche Bank profit tops forecast despite investment bank revenue drop
FRANKFURT: Deutsche Bank reported a 2% rise in third-quarter profit on Wednesday, defying expectations for a decline, as strength in its retail and corporate banking businesses offset weaker investment bank revenue.
Thai central bank keeps interest rate unchanged, as expected
BANGKOK: Thailand's central bank kept its key interest rate unchanged for a fourth straight meeting on Wednesday, as widely expected.
UBS meets expectations with US$2.7bil Q3 profit
ZURICH: UBS reported a third-quarter net profit of $2.69 billion on Wednesday, up 8% year-on-year and roughly in line with the $2.71 billion expected as per a company-provided consensus forecast.
StanChart lifts full-year targets after quarterly profit jump trounces forecasts
HONG KONG/LONDON: Standard Chartered (StanChart) said on Wednesday that third-quarter pretax profit jumped 27%, as strong client activity amid volatile markets increased revenue for its wealth and global markets divisions.
OCBC ranked Asia Pacific’s strongest bank, third globally
OCBC has been recognised as the strongest bank in Singapore and Asia Pacific, and third globally, in the latest World's 1,000 Strongest Banks ranking by The Asian Banker.
Britain declines joining Canada-led defence bank
Britain will not join the Canada-led Defence, Security and Resilience Bank, in a setback to efforts to create the world's first global defence bank, according to a person familiar with the matter.
AEON Bank launches new AI-powered interactive app feature
KUALA LUMPUR: AEON Bank has introduced 'Financial Purr-Sona', a new feature accessible for free through its digital banking app, developed to meet growing consumers' need for a dynamic banking experience that adds value to customers' lifestyles.
HSBC quarterly profit jumps but shares slide after flat revenue for wealth business
HONG KONG/LONDON: HSBC's third-quarter profit surged 32% as it benefited from favourable interest rates while avoiding hefty credit losses, but a marked slowdown at its wealth business underscored the challenge of sustaining its recent strong performance.
