News

Citi sets up an Infrastructure Financing & Capital Solutions Group

The new group is under the Debt Capital Markets (DCM) function of Citi.

AI integration and job security take centre stage in finance recruitment: Hays

Job seekers also expect a 10% pay rise when switching roles.

Ripple joins MAS BLOOM initiative to pilot tokenized trade settlements

It aims to create a model for cross-border, interoperable settlements.

Finance hiring gains momentum across key banking segments, report says

Banks prioritise tech and planning roles in hiring push.

Citi names Goldman Sachs banker as head of healthcare for ANZ

Ben Bartholomaeus’ past work includes the stake sale of Novotech and a A$1.6b DBG Health investment.

Bank of Baroda links digital overdraft accounts to UPI-enabled apps

Women members can link their SHG overdraft accounts to any UPI-enabled app.

SCB Wealth unveils CardX collab card with up to 40% shopping discount

It offers Dine 3, Pay 2 offers and special miles rates, subject to conditions.

MAS rolls out AI risk toolkit for financial firms

The framework was built with 24 banks insurers and industry partners to guide safe deployment.

Taiwanese banks’ loan volumes and NPLs rise inch up in January

Coverage ratio is 914.33%, a 3.1 ppt decline from December 2025.

Taiwanese banks’ SME loans rise to $342.87b in January 2026

SME loans accounted for over 64% of total loans extended to all enterprises.

Ana Aboitiz Delgado becomes first woman to lead Philippines' bankers association

The UnionBank CEO and President assumes leadership as banks navigate AI and digital shift.

Wealth managers shift toward portfolio advice

Private markets and AI drive advisory overhaul.

Taiwan credit card spending drops $1b as holiday boom ends

January 2026 retail sales reached $13.44b, down from December’s $14.3b peak, FSC data shows.

Neema unlocks direct payment route to 1 billion Alipay wallets

Global banks can bypass China FX hurdles via Neema’s direct-to-Alipay wallet integration.

MAS bans 2 ex-relationship managers over money laundering case

They are each given prohibition orders of 16 years and 7 years, respectively.