APAC

He will be based in Hong Kong.

Region-wide, planned budget increases averaged 5.2%.

It offers FX payment services across 130 currencies in over 40 markets.

The central bank is also looking to strengthen its asset management capacity.

The awards programme celebrates Asia's top banking and finance companies that are redefining the industry through exceptional services and groundbreaking solutions.

Up to a US$17t annual funding gap exists.

Its HNW and emerging HNW were more likely to invest in a diversified portfolio.

ICBC is APAC’s top bank in terms of market cap; DBS rises to 23rd spot.

As of 2024, an estimated 52.6% of the world uses a digital wallet.

Cash remains relevant in Malaysia and Singapore.

Industrials and high technology sectors were also active in 2024

Its total ECM underwriting fees were its lowest since 2013.

The size of the BSA remains unchanged: $12b for the Philippines and $500m for Japan.

We’re taking the time off and will be back on 6 January 2024.

In emerging markets, digital wallets are evolving into bank account substitutes.

Falling interest rates could heighten some lenders’ appetite for risk.