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China’s top investment bank CICC plans three-way merger to compete with global giants

China International Capital Corp plans to combine with two smaller brokerages to strengthen its ability to compete with global banking giants.
China International Capital Corp plans to combine with two smaller brokerages to strengthen its ability to compete with global banking giants.

China banks issue phantom loans to hit targets in slow economy

In another sign of deteriorating domestic demand, overall investments have so far in 2025 contracted for the first time since 2020.
In another sign of deteriorating domestic demand, overall investments have so far in 2025 contracted for the first time since 2020.

Visa and Mastercard to cut fees for US retailers, let them reject certain cards

Visa and Mastercard agreed to cut some of the fees they charge US merchants and relax two of their most controversial rules.
Visa and Mastercard agreed to cut some of the fees they charge US merchants and relax two of their most controversial rules.

AI-trained grads edge out costly advisers at Indian wealth firm

Indian digital wealth venture Dezerv says it’s recruiting people straight out of college who it can train up with AI.
Indian digital wealth venture Dezerv says it’s recruiting people straight out of college who it can train up with AI.

OCBC shares hit record high after Q3 profit of $1.98 billion beats expectations

ST20250929_202529200840: Gin Tay/ pixgeneric /
Generic photo of OCBC bank at AMK Hub Sep 12, 2025.
Can use for banking, finance, investment, banks, transaction loan,
ST20250929_202529200840: Gin Tay/ pixgeneric /
Generic photo of OCBC bank at AMK Hub Sep 12, 2025.
Can use for banking, finance, investment, banks, transaction loan,

UOB third-quarter profit tumbles 72% as bank hikes allowances by $1 billion

UOB noted that its dividend payment would not be affected by the pre-emptive general allowance.
UOB noted that its dividend payment would not be affected by the pre-emptive general allowance.

Singapore banks can weather severe shocks with strong capital buffers: MAS

 Banks in Singapore have adequate capital buffers to withstand severe shocks,, the Monetary Authority of Singapore says.
 Banks in Singapore have adequate capital buffers to withstand severe shocks,, the Monetary Authority of Singapore says.

Global financial stability risks elevated despite economic resilience: MAS

Corporates, households and banks in Singapore have remained resilient over the past year despite a challenging trade and geopolitical backdrop, the Monetary Authority of Singapore says.
Corporates, households and banks in Singapore have remained resilient over the past year despite a challenging trade and geopolitical backdrop, the Monetary Authority of Singapore says.

UBS chairman warns Switzerland losing its edge to Hong Kong and Singapore

UBS chairman Colm Kelleher's comments come as Hong Kong and Singapore become even more important hubs for international wealth managers seeking to boost revenue.
UBS chairman Colm Kelleher's comments come as Hong Kong and Singapore become even more important hubs for international wealth managers seeking to boost revenue.

StanChart raises outlook as quarterly profit beats forecasts on wealth boom

Like many banks in Hong Kong, Standard Chartered is riding a boom in the wealth business.
Like many banks in Hong Kong, Standard Chartered is riding a boom in the wealth business.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2025 SPH Media Limited. All rights reserved.