In Focus
Salaries soar as Hong Kong banks engage in poaching war to hire & retain talent
HSBC saw its headcount fall to 20,500 in just two years as part of its restructuring.
Salaries soar as Hong Kong banks engage in poaching war to hire & retain talent
HSBC saw its headcount fall to 20,500 in just two years as part of its restructuring.
Thailand plays catch up with global green finance goals
Banks are calling for legislators to impose carbon tax and a common taxonomy of goals.
Tourism woes hurt Thailand banks’ loans
The restructuring will only provide temporary relief, not solve the problem.
Data is the bane and boon of addressing sustainable investment gap
Wielding this tool the right way is key to pushing and meeting ESG goals, says Experian’s Sisca Margaretta.
How Singapore banks are closing the gender gap
Most banks have already exceeded the 2021 regional average of 18.5% employed women per firm.
Small step for Green Link Digital Bank, large leap for Singapore MSMEs
Size does not matter for Singapore’s newest wholesale digital bank.
Chinese banks face tough balancing act of keeping profits, buoying economy
Smaller banks face being left in weaker financial positions, Natixis warns.
SMEs embrace flexible payments as consumers seek digital options
This is accompanied by the rise of biometrics to safeguard accounts.
Why LINE Bank chose Indonesia as its third home
After successful launches in Thailand and Taiwan, LINE is going steady in Indonesia.
Alternative payments dominate Asia as credit card use dwindles
BNPL may not be the plastic killer everyone touts it to be, but it's attracting underserved customers.
Standard Chartered Hong Kong sees metaverse as future of banking
Banks can make use of AR/VR to offer more personalised services from the safety of clients' homes.
How Citi’s hiring spree sets into motion its $150b new AUM goal by 2025
The bank looks to hire 1,500 new employees in Singapore alone and triple AUM.
Lockdowns threaten Chinese banks' loan quality: analyst
Exposure to the ‘vulnerable’ engineering & construction sector could deteriorate asset quality.
Digitalisation vs digitisation: How they differ in transforming the banking industry
Citi laid out its digital transformation story as an example of how banks have evolved.
Alternative payments disrupt Philippines’ e-commerce payment market
GCash is king in the country.
Singapore banks report lower earnings in unison
DBS, OCBC, and UOB all saw their profits fall 10% year-on-year.
Hong Kong banks face ‘brain drain’ as talents flee amidst strict travel restrictions
More expats may leave with their families when the school year ends mid-2022.
Commentary
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