Markets
Banks face negative outlook in 2024 amidst bad loans, higher costs
ASEAN banks, however, will benefit from policy changes arising from geopolitical tensions.
Japan’s Mizuho invests in SG-based carbon exchange CIX
CIX will use the funding to build out its existing platforms and deepen offerings.
PH’s Sarangani Rural Bank ex-officers charged for breaking banking law
They have been sentenced to 5 years’ imprisonment and fined up to $877 each.
Mastercard, NTU launches new masters program on cybersecurity
The program is tailored for professionals seeking a spot in the cybersecurity space.
GBA’s financial services industry more ‘bullish’ for future prospects: PwC
Tech advancements are paving the way to new opportunities for cross-industry servicing.
Singapore to pilot use of wholesale CBCDs in 2024: Menon
MAS is also rolling out GPRNT.AI, an ESG data platform for financial institutions.
Japan’s Nomura mulls dropping China securities joint venture: report
The JV $30.75m in 2022, and $11m in 2021.
SB Finance highlights four key benefits collaboration can do for the Philippine financial industry
Abbie Casanova, SB Finance’s CEO, said finding the right partner can exponentially increase business fundamentals and market reach.
Citigroup to redeem $1.49b in preferred shares for $25
Any quarterly dividend declared, but not paid prior, will be paid on or before the redemption date.
Thailand to host 2026 IMF-World Bank annual meetings
More than 12,000 attendees are expected to attend the meetings.
Japan’s Mizuho joins global health investment initiative
Triple I for GH1 seeks to mobilize private capital for universal health coverage.
Non-bank and housing financers to see robust loan growth in 2024: Ind-Ra
Diversified large NBFCs might turn to public debentures.
Australia looking to tap potential of AT1 bonds
This exploration will alleviate any potential risks that may dawn the banking sector.
Michèle Bouquet-Kumble reframes banking brand narratives
TBWA Singapore's Senior Strategy Director outlines the new frontier in financial sector branding.
UOB Thailand unveils indoor event hub UOB LIVE
It has a capacity of 6,000 seats and will also offer dining and shopping experiences.
Revised rules bolster Korean banks’ competition, but no silver bullet to thriving: analysts
The proposed revisions will pave the way for mergers and bolster competitiveness.
Commentary
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