Asian Banking & Finance

Deutsche Bank cuts 10 private banking roles in Asia: report
The bank has cut about 60 roles in Singapore and Hong Kong over the past year.
Deutsche Bank appointed by Euroclear as cash settlement and forex bank in Korea
It involves bond activities for Korea Treasury Bonds and Monetary Stabilization Bonds.
StanChart joins Visa’s B2B Connect to enhance cross-border payments
It aims to facilitate faster and more cost-effective business-to-business (B2B).
Hong Kong’s Mox Bank one of fastest growing digital banks worldwide
Mox has the 7th largest credit card book in the city and has 550,000 customers.
DCS Card Centre, E6 launch credit card issuing solution for fintechs
The service will be first rolled out in Singapore.
Thailand’s TMBThanachart Bank eyes higher dividend payouts in 2024: analyst
The bank’s net profits rose 24% in Q1 compared to a year ago.
SCB X reports 2.6% higher net profit of $305.43m in Q1
Net interest income rose by fees and other income dropped.
1 in 2 Hong Kong adults trying to break free from parents’ bad money habits
Adults have the tendency to mirror their parents’ money habits, both good and bad.
Standard Chartered launches open banking marketplace with over 100 APIs
Clients can discover, identify, and test APIs in a sandbox environment.
Citi names Amit Dhawan as head of CCB Singapore
Dhawan has been head of emerging corporates for Asia since 2017.
4 in 10 Hong Kongers use alternative payments for online purchases
Online payment modes and payment cards are most preferred by Hong Kong shoppers.
Fintech Qashier clinches in-principle approval for a MPI license from MAS
Qashier had been operating under an exempted framework for the past 5 years.
Maybank Singapore unveils online investment service for as low as S$200
From now until 30 June, the sales charge for the first $2,000 will be waived.
Hong Kong investment bankers risk losing jobs as banks cut costs: report
About 200 bankers in the city have reportedly lost their jobs in the past year.

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Exclusives

Exclusives

Cards & Payments Zed challenges banking norms with no interest, forward-looking credit card
The soon-to-be-launched card will underwrite based on present and future income, not just past financial records.
Banking Technology Why tokenization and funding are two key issues for financial disruptors in 2024
HSBC's Vincent Lau a lineup of 250 speakers to discuss these at Money 20/20 Asia.
Investment Banking Techcombank’s Prasenji Chakravarti lays bare their ESG strategy
The bank is transforming its IT infrastructure to better process green data.
Retail Banking Banks grapple through era of disruption by being the disruptor
Companies are facing not just tech transformations but also shorter skill lifespans for their workforce.
Banking Technology Empathy deficit erodes customers’ trust in banks
Customers who feel valued are willing to spend more for banking products.
What Makes BNI's API Service Stand Out in the Open Banking Era?
Until December 2023, the bank's application programming interface attracted 4,000 customers and generated transactions worth IDR 828 trillion in the past year.
Wealth Management BPI Private Wealth aims to double assets and capture 25% local HNW market
CEO Maria Theresa Marcial says they are targeting US$53b in AUM by 2026.

Top News

Deutsche Bank cuts 10 private banking roles in Asia: report
The bank has cut about 60 roles in Singapore and Hong Kong over the past year.
Deutsche Bank appointed by Euroclear as cash settlement and forex bank in Korea
It involves bond activities for Korea Treasury Bonds and Monetary Stabilization Bonds.
StanChart joins Visa’s B2B Connect to enhance cross-border payments
It aims to facilitate faster and more cost-effective business-to-business (B2B).
Hong Kong’s Mox Bank one of fastest growing digital banks worldwide
Mox has the 7th largest credit card book in the city and has 550,000 customers.
DCS Card Centre, E6 launch credit card issuing solution for fintechs
The service will be first rolled out in Singapore.
Thailand’s TMBThanachart Bank eyes higher dividend payouts in 2024: analyst
The bank’s net profits rose 24% in Q1 compared to a year ago.
SCB X reports 2.6% higher net profit of $305.43m in Q1
Net interest income rose by fees and other income dropped.
1 in 2 Hong Kong adults trying to break free from parents’ bad money habits
Adults have the tendency to mirror their parents’ money habits, both good and bad.
Standard Chartered launches open banking marketplace with over 100 APIs
Clients can discover, identify, and test APIs in a sandbox environment.
Citi names Amit Dhawan as head of CCB Singapore
Dhawan has been head of emerging corporates for Asia since 2017.
4 in 10 Hong Kongers use alternative payments for online purchases
Online payment modes and payment cards are most preferred by Hong Kong shoppers.
Fintech Qashier clinches in-principle approval for a MPI license from MAS
Qashier had been operating under an exempted framework for the past 5 years.
Maybank Singapore unveils online investment service for as low as S$200
From now until 30 June, the sales charge for the first $2,000 will be waived.
Hong Kong investment bankers risk losing jobs as banks cut costs: report
About 200 bankers in the city have reportedly lost their jobs in the past year.

Exclusives

Cards & Payments Zed challenges banking norms with no interest, forward-looking credit card
The soon-to-be-launched card will underwrite based on present and future income, not just past financial records.
Banking Technology Why tokenization and funding are two key issues for financial disruptors in 2024
HSBC's Vincent Lau a lineup of 250 speakers to discuss these at Money 20/20 Asia.
Investment Banking Techcombank’s Prasenji Chakravarti lays bare their ESG strategy
The bank is transforming its IT infrastructure to better process green data.
Retail Banking Banks grapple through era of disruption by being the disruptor
Companies are facing not just tech transformations but also shorter skill lifespans for their workforce.
Banking Technology Empathy deficit erodes customers’ trust in banks
Customers who feel valued are willing to spend more for banking products.
What Makes BNI's API Service Stand Out in the Open Banking Era?
Until December 2023, the bank's application programming interface attracted 4,000 customers and generated transactions worth IDR 828 trillion in the past year.
Wealth Management BPI Private Wealth aims to double assets and capture 25% local HNW market
CEO Maria Theresa Marcial says they are targeting US$53b in AUM by 2026.

Join the Asian Banking & Finance community