APAC
SMBC reels new managing executive officer and co-head for Asia Pacific
SMBC reels new managing executive officer and co-head for Asia Pacific
Katsufumi Uchida succeeds Yuichi Nishimura in this role.
APAC banks ready for Basel III
Transition is not expected to have a substantial impact on capital requirements.
Asia's Voluntary Carbon Markets Beyond the Storm: New Opportunities for Financial Services?
There is considerable potential that voluntary carbon credits can become an asset class in its own right.
Are ATM cash withdrawals making a comeback?
About 2 in 3 markets studied saw ATM withdrawals rise as inflation squeezes on income.
How have banks’ wealth management pivots played out?
There’s up to $25b in fees to be made in Asia, but it’s a tough market, an analyst said.
Citi names Marc Luet as Asia North & Australia Cluster and Banking Head
Luet replaces Angel Ng, who is retiring on 5 April after 26 years with the bank.
Game changer: Gen AI can transform how banks tackle regulation and risk
Banks are advised to prepare a catalog of prod ready gen AI services and solutions.
Bancassurance market to surge 8.4% in CAGR by 2028
Market dynamics are seen to impact the stakeholders' behaviours and pricing decisions in the sector.
StanChart's Maisie Chong on never saying no to seizing opportunities, paying it forward
Chong shares the joy of finding greater satisfaction and fulfilment through the course of work.
Number of fintechs in SEA to double by 2027
Singapore will have 867 fintechs for every 1 million people, UnaFinancial said.
Digital bank deposits to surpass $20t by end-2024
Convenience of remote banking has changed how people manage their money.
Citi names J.P. Morgan banker as head of banking, executive vice chair
Viswas Raghavan was CEO of J.P. Morgan in EMEA since 2017.
South Korea’s household loans rose by $4.8b in Q4
Loans extended by banks rose by $8.5b during the period.
Citi completes proof of concept on tokenization of private funds
It found new functionalities that could lower barrier-to-entry, Citi said.
MUFG appoints Wael Al Sharif as head of GCIB for MENA
He will be responsible for overall management and development of the business.
APAC banks face mounting credit losses from property exposure
Credit losses could rise 7% to $490b in 2023, S&P Global Ratings projected.
SMBC appoints ex-Credit Suisse China CEO as new APAC managing director
Carsten Stoehr will join SMBC on 19 February after 25 years in Credit Suisse.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
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Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?