APAC

Deutsche Bank announces two APAC M&A co-heads

The new appointees will report to the head of Investment Banking Coverage and Advisory, APAC.

Deutsche Bank announces two APAC M&A co-heads

The new appointees will report to the head of Investment Banking Coverage and Advisory, APAC.

Economic woes, higher rates weigh on Islamic banks’ financing growth

Indonesian banks may benefit from widening margins, however.

Visa taps seven APAC startups for digital payments innovation

Startup companies were chosen from India, Mainland China, Thailand, Singapore, and Germany.

Standard Chartered-FIS’ Worldpay to boost Straight2Bank Pay reach

This hopes to ramp up the bank’s functionalities to cater for businesses in Asia and other markets.

AT1 write-down ‘negligible’ to APAC banks, but should they still worry?

Analysts said APAC banks will suffer no direct impact from the Swiss bank but should keep an eye out on regulators.

Mastercard intensifies fraud protection measures for e-commerce sellers

About US$10.6b in fraud will potentially affect Asian merchants in 2023.

Acquisition of Citi’s ASEAN units to boost revenue: UOB

Total UOB cardholders in the region jumped 60% as of end-2022.

Amanda Lee named APAC head of third party manager solutions for Citi

All of Citi’s mutual fund sales team members in the region report to her.

Goldman Sachs shareholders call for bank to release net zero transition plan

The resolution is reportedly supported by 30% of shareholders.

David Ho joins DBS board

Effectivity of his appointment begins on 26 April.

Mastercard to remove first-use PVC plastics from payment cards by 2028

It will instead use recycled or bio-sourced plastics, the payments company said.

Citi’s institutional, corporate banking arm in Asia sees 14% higher revenue in Q1

The Institutional Clients Group’s net income for Asia went up 31% compared to Q1 2022.

HSBC says split bank would result in ‘erosion of earnings’

The bank responded to the strong statement regarding a break-up plan by Ping An.

Global fintech funding down in 2022: S&P

S&P Global expects fintech funding to rebound in 2023

Rethinking fintech growth with a product-led approach

As we continue to experience economic uncertainty across the world, the Asia Pacific and Japan (APJ) region hasn’t been spared from the volatility.