APAC

There is little space for investors to invest more sustainably.

Bangladesh has established its position as a pioneering country to have made significant strides towards financial inclusion and its vision ‘Digital Bangladesh’. The country’s recent development in its financial sector, varied heritage in credit and microfinance, widespread adoption of digital finance and mobile financial services (MFS) are recognized at a global level. The government’s effort to consider financial services as drivers of shared prosperity and inclusive growth. Access to financial services and their usage have significantly positive impacts on the socioeconomic outcomes that are perceived by businesses and households. Moreover, this access and usage are considered as essential factors to poverty eradication.

BNPL services could even inspire a lifetime of loyalty, according to GlobalData.

She has been with Citi for 15 years.

Deck:  Banks need to embrace a three-part journey to truly deploy ISO 20022 and reap the detailed data and digital modernisation rewards.

Wealth managers are called to ramp up digital services for retired investors.

Majority of the hires will be from China, Hong Kong, India, and Singapore.

In Taiwan, 60% of its female employees are AVPs and MDs, according to Citi.

As digital adoption hastens, there is now more data than ever. Just in 2020, data volume amounted to 59 trillion gigabytes globally and is expected to grow to more than 180 zettabytes by 2025. Yet, for all this abundance of data, the financial services industry remains surprisingly information-poor. Rapid change is needed if the industry is to unlock the riches of its data and turn what is currently a problem into an opportunity. 

Financial services industry has become a hotspot of digital innovation, driven by changing customer expectations, heightened competitions by new entrants and incumbents, stringent regulations, and technological advancements. Embracing the digital world is a strategic imperative to ride the economic recovery wave and build business resiliency. The pandemic exposed many productivity gaps between companies that adequately invested in digital platforms to continue business operations with a remote workforce, and those who were still reliant on manual processes.

Impact on the financial market will ultimately depend on how events will unfold in the coming days.

Credit losses in 86 banking systems globally are expected to equal $635b in 2022. 

Xie Wen and Mohamed Kerain are tasked with growing SC’s CPBB business.

Labour-intensive tasks become a thing of the past as citizen developers create custom solutions with Intelligent Automation.

The new head will handle both Asia and Middle East divisions.

He will also hold the role of head of infrastructure funds coverage in Asia Pacific.