APAC

A range of industries has embarked on their digital transformation. In banking and finance, while payments and many customer-facing departments now offer digital banking services, many departments – such as asset servicing – continue to perform manual processes painstakingly.

Whilst a large part of the banking and finance industry has embarked on its digital transformation, asset servicing operations – which include fund services, custody and accounting, outsourcing services, securities lending, payment of dividends, stock splits, tender offers, mergers and acquisitions, amongst others – continue to be driven by manual processes.

The virtual roundtable event explores the impact of driving holistic targets on a company.

This is in line with the company’s goal to build its International Wealth Management business.

This follows the ASEAN appointments from earlier this week.

The UBS board says his experience is ideal to manage the Credit Suisse acquisition.

Madhok will relocate to New York.

The portfolio is rebalanced weekly.

Vandana Bhatter and Anoushka Dua have been named in key ASEAN leadership roles.

Most became niche players, yet served their regulatory purpose, said McKinsey associate partner Hernán Gerson.

The focus for financial and capital markets have shifted to a balancing act of monetary tightening to lower inflation without tipping into recession.

For the next phase, Indonesia, Thailand, and the Philippines will link their payment systems with Singapore and Malaysia.

Lam joins from Credit Suisse.

The forum will also be held in Jakarta, Kuala Lumpur, and Manila.

Only 7% of energy-related financing extended by banks between 2016 to 2022 went to green energy projects.

This could hamper issuance of new AT1 in the future.