Tonik Financial, controlling shareholder of Tonik Digital Bank, the Philippines’ first licensed digital-only bank, has raised $12 million in Pre-Series C financing led by Diligent Capital Partners, with participation from Plio, existing shareholder Altara Capital, and Tonik’s management. ¬ Haymarket Media Limited. All rights reserved. Source link

HSBC Holdings has appointed Brendan Nelson as group chair to replace Mark Tucker who left the role at the bank to join Hong Kong’s AIA, also as chair.   ¬ Haymarket Media Limited. All rights reserved. Source link

Samty Holdings, a Japanese accommodation developer and fund manager, has agreed to acquire an undisclosed majority interest in UniLodge from Pamoja Capital, for an undisclosed amount. ¬ Haymarket Media Limited. All rights reserved. Source link

Jean-Louis Tse was appointed as the new chief executive officer (CEO) of the Fintech Association of Hong Kong (FTAHK), announced on October 30. ¬ Haymarket Media Limited. All rights reserved. Source link

Canada’s Brookfield Asset Management has acquired Alba Renewables, a clean energy developer with a 1.8GW wind, solar and battery storage portfolio predominantly in the Philippines and Thailand, for an undisclosed sum. ¬ Haymarket Media Limited. All rights reserved. Source link

Citi has appointed Yuko Nakayama as head of equity capital markets (ECM) for Japan investment banking. Nakayama has been working in Citi’s ECM team in Japan since 2023.  ¬ Haymarket Media Limited. All rights reserved. Source link

United Overseas Bank (UOB) has issued a five-year, €850 million ($984.8 million) bond denominated in Euro, a first from a Singaporean bank since October 2021. ¬ Haymarket Media Limited. All rights reserved. Source link

The Hong Kong Insurance Authority (HKIA) has expressed deep condolences to victims of a deadly fire at Wang Fuk Court in Tai Po which started on November 26 at seven under construction tower blocks.  As of Friday morning (November 28) 94 people have been reported killed, and around 200 more people are still missing […]

FinanceAsia‘s annual Achievement Awards recognise excellence across Asia’s financial markets. Covering two key categories – Deal Awards and House Awards – our Achievement Awards highlight the accomplishments of key players across Asia Pacific and the Middle East, that have shown dedication to their sector. We are delighted to announce that following receipt of over 1,000 submissions, our Advisory Board of external […]

FinanceAsia‘s annual Achievement Awards recognise excellence across the financial markets in Asia Pacific (Apac) and the Middle East. Covering two key categories – Deal Awards and House Awards – FA‘s Achievement Awards highlight the accomplishments of key players across Asia Pacific and the Middle East, that have shown dedication to their sector. We are delighted to announce that following receipt of […]