APAC

Sergio Ermotti returns as UBS CEO

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

Citi makes two key appoints for markets, TTS business

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

Did digital banks fail to disrupt?

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

Technology Revolutionizes Capital Markets Platforms in Japan

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

Project Nexus successfully links Eurosystem, Malaysia, Singapore’s payment systems

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

2023 Asian Banking & Finance Forum to kick off in Bangkok in April

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

Banks lagging behind net zero energy goals

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

Standard Chartered’s Straight2Bank launches working capital, loan services

Clients can initiate and approve new loan drawdowns and rollover requests.

US banking fallout has little impact on APAC banks, but contagion risks linger

The evolving situation means that problems from secondary effects may rise in the near future.

Corporate banks ramp up data analytics to boost customer acquisition

They also plan to use data and analytics to assess productivity of relationship managers.

How Asian banks can retain their cross-border dominance

The emergence of fintechs is whittling down their dominance.

Value of CBDC payments to reach $213b annually by 2030: study

Adoption will be driven by governments boosting financial inclusion.