APAC
Citi makes new appointments to Treasury and Trade business
Citi makes new appointments to Treasury and Trade business
This follows the ASEAN appointments from earlier this week.
Sergio Ermotti returns as UBS CEO
The UBS board says his experience is ideal to manage the Credit Suisse acquisition.
Citi names Rajak Madhok as global head of Citi Commercial Bank credit risk
Madhok will relocate to New York.
HSBC launches AI-driven structured product for private banking clients in Asia
The portfolio is rebalanced weekly.
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.
HSBC GPB appoints Henry Lam as APAC head of wealth planning and advisory
Lam joins from Credit Suisse.
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.
Credit Suisse’s AT1 debt write down to raise market prices for new issuances
This could hamper issuance of new AT1 in the future.
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.
Commentary
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