Asian Banking & Finance
Top News
Singapore’s financial sector turns to contract hiring for cost control
Hiring processes have become lengthier as employers consider cultural fit and regulatory compliance.
2 days ago
Westpac appoints Kate Dee as chief people officer
Westpac appoints Kate Dee as chief people officer
She has been the chief people officer of Bupa Asia Pacific since 2018.
22 minutes ago
SMBC inks MOU to explore commercialization of stablecoins
SMBC inks MOU to explore commercialization of stablecoins
They will explore technical, regulatory, and market infrastructure requirements for it.
31 minutes ago
ANZ moves up incoming CEO Nuno Matos’ start date to May 12
ANZ moves up incoming CEO Nuno Matos’ start date to May 12
Matos is most recently the CEO of HSBC’s Wealth and Personal Banking.
44 minutes ago
ICBC’s risk diversification supports resilience amidst China’s slowdown
ICBC’s risk diversification supports resilience amidst China’s slowdown
Capitalization should be sufficient despite ICBC not being included in the first round of the government’s capital injection.
50 minutes ago
China’s Big 5 banks expected to boost lending with capital support
China’s Big 5 banks expected to boost lending with capital support
Fee income may also recover if new stimulus policies are effective, said CreditSights.
50 minutes ago
Philippine bank loans up 12.2% in February
Philippine bank loans up 12.2% in February
Consumer loans to residents rose by 24.1% during the month.
1 hour ago
UOB to take legal action against Yang Kee Logistics’ ex-CEO
UOB to take legal action against Yang Kee Logistics’ ex-CEO
The bank called Ken Koh’s allegations baseless.
1 hour ago
CITIC Limited logs 1.1% YoY profit rise to $8.01b in 2024
CITIC Limited logs 1.1% YoY profit rise to $8.01b in 2024
Earnings per share is RMB2.00, whilst the final dividend proposed is RMB0.36 per share.
2 days ago
PSBC’s capital boost strengthens funding for rural and SME financing
PSBC’s capital boost strengthens funding for rural and SME financing
Low capital has constrained PSBC’s growth in its niche area of rural and inclusive finance.
2 days ago
BNP Paribas names Marc Camus as chief information officer
BNP Paribas names Marc Camus as chief information officer
Camus will oversee the bank’s IT strategy and IT System security.
2 days ago
Hyundai Card leads Korea’s credit card sales with PLCC dominance and data science
Hyundai Card leads Korea’s credit card sales with PLCC dominance and data science
It holds a 78% market share in the private label credit card sector.
2 days ago
ZA Bank appoints Calvin Ng as CEO
ZA Bank appoints Calvin Ng as CEO
Ng has been its executive director since September 2022.
2 days ago
Digital players steal market share from traditional banks
"https://vimeo.com/1070229173"
Digital players steal market share from traditional banks
Value migration and AI-driven changes pose challenges for financial institutions.
4 days ago
Wealth apps fail meeting investor expectations
"https://vimeo.com/1070234550"
Wealth apps fail meeting investor expectations
Experts warn bad UX and weak security erode client trust.
4 days ago
Bank of East Asia names Bi Ming-qiang as chief executive of BEA China
Bank of East Asia names Bi Ming-qiang as chief executive of BEA China
Bi was formerly CEO, executive director, and president of China CITIC Bank International.
4 days ago
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Banking Technology
RCBC boosts rural presence with ATM Go
The service, which allows cardless transfers, is now available in all Philippine cities.
5 days ago
BCA superapp drives digital transaction growth
![BCA superapp drives digital transaction growth]()
Inter-account transfers were the most widely used service, followed by virtual payments.
Cash Management
HSBC’s Yvonne Yiu says the future of payments is instant
![HSBC’s Yvonne Yiu says the future of payments is instant]()
She credits her propensity to ask questions for becoming one of HSBC’s top leaders.
Investment Banking
Citibank’s Chia Seok Hoon is an advocate for her co-workers
![Citibank’s Chia Seok Hoon is an advocate for her co-workers]()
It is important to focus on solutions rather than problems when dealing with adversity.
Retail Banking
BEA’s Ivy Chan on managing banking risks and trade war shifts
![BEA’s Ivy Chan on managing banking risks and trade war shifts]()
She never saw her banking job as one with a bias for either men or women.
PH banks and insurers face MSME credit gap, AI fraud, climate risk
![PH banks and insurers face MSME credit gap, AI fraud, climate risk]()
Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
Philippine banks and insurers called to pursue human-centred AI adoption
![Philippine banks and insurers called to pursue human-centred AI adoption]()
AI adoption should be centered on financial inclusion, customer experience, and personalisation.
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Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
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1. UOB unveils FDI Advisory Centre in South Korea 2. Singapore places fourth for most ‘ATMs near me’ Google searches 3. Singapore’s financial sector turns to contract hiring for cost control 4. RCBC boosts rural presence with ATM Go 5. Alipay+ goes live in Sri Lanka with 14 e-wallets enabled for paymentAwards
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Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
Commentary
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