Asian Banking & Finance

DBS Hong Kong names Wallace Nam as head of institutional banking
Prior to joining DBS, Nam served various leadership roles in HSBC.
HSBC sells Canadian banking operations to Royal Bank of Canada for $10.1b
The bank expects to generate an estimated pre-tax gain of $5.7b.
Visa appoints Adeline Kim as Singapore, Brunei country manager
She was most recently head of data solutions for Asia Pacific.
HSBC to close 114 branches in the UK
Some of the closing branches serve less than 250 customers a week.
Public Bank’s net profit up 3% to $1b in 2022
A second interim dividend of 4 sen per share has been announced.
Bank of East Asia offers preferential interest rate to green mortgage customers’ time deposits
It follows in the footsteps of BEA’s Green Mortgage Plan.
Over 75% Singaporeans ‘definitely’ want better online banking services 
The majority of Singaporeans now use mobiles apps for bank services.
Nomura eyes $1b potential revenue boost from equities, wealth: report
CEO Kentaro Okuda said that it needs to raise revenues in these businesses to boost Nomura’s returns.
MAS, BOJ renew bilateral local currency swap agreement
The two central banks can exchange local currencies of up to S$15b.
DBS Asia Capital names Lindsay Chu as new CEO
Prior to joining DBS, has worked senior roles in HSBC, Nomura, and J.P. Morgan.
FinTechs to prioritise securing talent: PwC
Lack of domestic talent was cited amongst the main weaknesses in Singapore’s industry.
Dah Sing Bank joins Mastercard’s Priceless Planet Coalition
As a banking partner, Dah Sing Bank will raise customer awareness towards reforestation.
South Korea’s credit card payments market to be worth $890b in 2026
In the near term, rising interest rates may discourage card use.

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Exclusives

Exclusives

Financial Technology For French fintechs, Asia is a land of opportunities and learning
Compared to Europe, fintechs in Asia have struck a balance with banks, says Bpifrance Deputy CEO Arnaud Caudoux.
Cards & Payments How GCash cornered the Philippines' ‘sachet’ economy 
The app has over 66 million users in a country of more than 111 million.
Cards & Payments Meaningful experiences, wellness as key pillars of the return of travel: Mastercard’s Mayank Dutt
Mastercard’s cardholders in its affluent portfolio can access wellness programs on the go.
Banking Technology The new brand of personalisation that’s shaping Citi’s digital banking journey
Customers want options, but curate it–don’t just offer it, says Citibank’s Nilesh Kumar.
Cards & Payments Fintech funding slows as COVID-driven digital hype fades
Valuations of technology stocks, both public and private, are down 60%, analysts said.
Banking Technology How are superapps changing the digital banking landscape?
In the future, a one-stop-shop may just be the way to go for bank customers.

Top News

DBS Hong Kong names Wallace Nam as head of institutional banking
Prior to joining DBS, Nam served various leadership roles in HSBC.
HSBC sells Canadian banking operations to Royal Bank of Canada for $10.1b
The bank expects to generate an estimated pre-tax gain of $5.7b.
Visa appoints Adeline Kim as Singapore, Brunei country manager
She was most recently head of data solutions for Asia Pacific.
HSBC to close 114 branches in the UK
Some of the closing branches serve less than 250 customers a week.
Public Bank’s net profit up 3% to $1b in 2022
A second interim dividend of 4 sen per share has been announced.
Bank of East Asia offers preferential interest rate to green mortgage customers’ time deposits
It follows in the footsteps of BEA’s Green Mortgage Plan.
Over 75% Singaporeans ‘definitely’ want better online banking services 
The majority of Singaporeans now use mobiles apps for bank services.
Nomura eyes $1b potential revenue boost from equities, wealth: report
CEO Kentaro Okuda said that it needs to raise revenues in these businesses to boost Nomura’s returns.
MAS, BOJ renew bilateral local currency swap agreement
The two central banks can exchange local currencies of up to S$15b.
DBS Asia Capital names Lindsay Chu as new CEO
Prior to joining DBS, has worked senior roles in HSBC, Nomura, and J.P. Morgan.
FinTechs to prioritise securing talent: PwC
Lack of domestic talent was cited amongst the main weaknesses in Singapore’s industry.
Dah Sing Bank joins Mastercard’s Priceless Planet Coalition
As a banking partner, Dah Sing Bank will raise customer awareness towards reforestation.
South Korea’s credit card payments market to be worth $890b in 2026
In the near term, rising interest rates may discourage card use.

Exclusives

Financial Technology For French fintechs, Asia is a land of opportunities and learning
Compared to Europe, fintechs in Asia have struck a balance with banks, says Bpifrance Deputy CEO Arnaud Caudoux.
Cards & Payments How GCash cornered the Philippines' ‘sachet’ economy 
The app has over 66 million users in a country of more than 111 million.
Cards & Payments Meaningful experiences, wellness as key pillars of the return of travel: Mastercard’s Mayank Dutt
Mastercard’s cardholders in its affluent portfolio can access wellness programs on the go.
Banking Technology The new brand of personalisation that’s shaping Citi’s digital banking journey
Customers want options, but curate it–don’t just offer it, says Citibank’s Nilesh Kumar.
Cards & Payments Fintech funding slows as COVID-driven digital hype fades
Valuations of technology stocks, both public and private, are down 60%, analysts said.
Banking Technology How are superapps changing the digital banking landscape?
In the future, a one-stop-shop may just be the way to go for bank customers.

Event News

Event News

BDO Capital Named as PH’s Corporate and Investment Bank of the Year for 5 Consecutive Years Co-Written / Partner
BDO Capital & Investment Corporation (BDO Capital) has been recognized as the country’s Corporate and Investment Bank of the year for the 5th straight year at the Asian Banking & Finance Awards. BDO Capital’s remarkable achievement is a testament to its consistent excellence in delivering best-in-class investment banking services across various product lines in the Philippine capital markets. 

Join the Asian Banking & Finance community