APAC
Citi names Gunjan Kalra as APAC head of Citi Commercial Bank
Citi names Gunjan Kalra as APAC head of Citi Commercial Bank
Kalra has been APAC head of corporate sales and solutions since 2021.
Alliance Bank Malaysia's Virtual Credit Card wins New Consumer Lending Product of the Year at Asian Banking & Finance Awards
The revolutionary Virtual Credit Card with Dynamic Card Number feature sets new standards in digital banking, offering enhanced security and eco-friendly transactions.
Alliance Bank's Alliance Digital SME Honored as Financial Inclusion Initiative of the Year - Malaysia
Its transformative Alliance Digital SME earns recognition for its seamless digital banking journey and significant shift towards branchless banking.
HSBC names UBS banker as new head of global private banking for SA
Tommy Leung will take over the role on 19 October.
Asian fintechs to outpace global competitors; China posts tepid growth
S&P Global’s latest report shows Asia’s fintech growth may be gradual for 2023, but small and emerging economies will keep the region steady.
Fintech funding slows to 10-year low as investors tout quality over quantity
Asian fintechs clinched US$5.1b in investments in H1, lower than $45b in H1 2022.
Citi Global Wealth unveils ULTIMA credit card for private bank clients
Singapore’s UHNW clients’ spending outpaced pre-pandemic spending by 56%.
Ardshinbank clinches top honour as the Domestic Retail Bank of the Year - Armenia
Their exceptional growth and customer-centric approach secure the prestigious ABF Retail Banking Award.
Exceptional banks and financial institutions recognised at Asian Banking & Finance Awards 2023
Industry players across the region gathered in Singapore to celebrate their wins at the Wholesale Banking Awards, Retail Banking Awards, and Corporate and Investment Banking Awards
Asian banks see market cap value jump in Q2: study
Of the 25 global banks included in the report 13 are headquartered in Asia.
Citi Commercial Bank unveils CitiDirect Commercial Banking platform
It will be available to customers in Hong Kong, Singapore, and India in H2 2023.
M&A not the only route to enter Asia’s financial markets: expert
Asia Pacific sellers are faring worse than their global peers post-acquisition, according to a report by PwC.
Natixis CIB names APAC head of financial sponsors group
Anurag Poddar was most recently a managing director for Natixis CIB in New York.
Paywatch inks MOU with Visa to offer EWA solution across Asia
Paywatch will make use of Visa’s cross-border capabilities and network.
Asian Banking & Finance Summit returns to Singapore in September
After years of virtual conferences, this year’s event is the first to be held in person.
APAC regulators begin conducting climate risk stress tests: CreditSights
At least seven APAC central banks and supervisory authorities have accomplished at least one version and published the results.
HSBC’s PayMe allies with AsiaPay to offer merchant payment solutions
The collaboration attracts customers through versatile payment choices through a unified device.
Commentary
Why high capital levels are a double-edged sword for Singapore banks