APAC
APAC banks to have steady financial performance in 2023: Fitch
APAC banks to have steady financial performance in 2023: Fitch
Sri Lanka will deteriorate; Singapore’s profits may rise to higher than pre-pandemic.
HSBC Global Private Banking launches discretionary digital platform in Asia
It makes use of building blocks to construct clients’ portfolios.
Bangladeshi banks face weak profitability in 2023: S&P
The COVID measures, which have yet to be relaxed, will squeeze banks’ margins.
Why a hybrid platform is the answer to banks’ digital advisory woes
Customers seek confidence and clarity from financial advisers.
ADB inks MOU with R3 to explore use of distributed ledger tech
This includes a project exploring a cross-border multi-currency securities settlement system.
Meaningful experiences, wellness as key pillars of the return of travel: Mastercard’s Mayank Dutt
Mastercard’s cardholders in its affluent portfolio can access wellness programs on the go.
Digital wallets and contactless payments see a steady rise across Asia
The banking industry must adapt to this change to keep up with the demands of the market.
The new brand of personalisation that’s shaping Citi’s digital banking journey
Customers want options, but curate it–don’t just offer it, says Citibank’s Nilesh Kumar.
Deutsche Bank appoints ex-StanChart banker as group head of IPB Global South Asia UK
Gupta will provide oversight on the GSA UK team.
Fintech funding slows as COVID-driven digital hype fades
Valuations of technology stocks, both public and private, are down 60%, analysts said.
J.P. Morgan appoints Madhav Kalyan as head of Asia Pacific payments
Kalyan succeeds Sridhar Kanthadai.
BNPL, digital wallets accelerates growth of e-commerce fraud: study
Global e-commerce fraud will exceed $48b in 2023, and 22% will be from Asia.
Does the future of banking lie in the metaverse?
Virtual reality may be the answer to more digitally optimized financial services that does not sacrifice personalisation.
Citi TTS to launch 24/7 USD clearing service in Q4
Clients can make USD payments globally 24/7, even during holidays.
Standard Chartered unveils digital trade portal Trade Track-It
Customers can track vessels and check sustainability compliance.
Citi appoints Anand Sairam as CFO for APAC
He has been a part of Citi’s finance team for 8 years.
60 largest banks need $210.2b to cover future fossil fuel losses: Finance Watch
Basel’s current framework encourages continued build up of risk, the nonprofit warned.
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