Singapore
MAS, France complete wholesale cross-border payment experiment using CBDC
MAS, France complete wholesale cross-border payment experiment using CBDC
It simulated cross-border transactions involving multiple CBDCs on a common network.
J.P. Morgan boss predicts banks’ trading slump gone after pandemic: report
But shareholders may not share the same optimism once they see investment banks’ Q2 results.
Citi names Varun Matta as TMT investment banking head for ASEAN
Matta will be a managing director and will also cover some sponsor clients for the region.
Moving forward: Deloitte’s Financial Services Leader on strengthening the financial industry during and after the pandemic
To move forward, the financial services industry should aspire to a "higher bottom line", says Kok Yong.
Citi appoints 5 Singaporeans to senior positions across APAC
This includes the new head of Integrated Corporate Bank for its Taiwan business.
Southeast Asia’s neobank market to grow 50% in 2021
Funding and winding down of the pandemic’s impact on the economy will push this market.
Weekly Global News Wrap: Citi to lift junior bankers' base salaries; StanChart begins banking services in Saudi branch
And JPMorgan acquires ESG investing platform OpenInvest.
Singapore extends ESG loan facility to banks, FIs
Since being launched in April 2020 it has disbursed S$13.3b to FIs in support.
MAS to follow up on Binance's Singapore unit amidst scrutiny
Binance Asia Services has a grace period during which it can operate in the country.
Singapore wealth platform Endowus gets backing from UBS, others
It will use the funds to expand in the country and in Hong Kong.
Strengthening business resilience through EPM
In today’s turbulent economy, the ability to make quick and sound decisions can make or break an organisation.
MUFG Bank appoints new head of project finance for Asia
David Uy first joined MUFG in 2018.
Weekly Global News Wrap: US Fed stress test clears banks for stock buybacks; EU leaders promise to complete banking union someday
And banking jobs in Frankfurt are falling despite boost from Brexit.
Singapore investment banking fees up 9.3% in H1 2021
Overall announced M&A activity set the record for the highest semiannual period value-wise.
25-year anniversary: From startup to global FinTech company
The Swiss software company CREALOGIX is today celebrating 25 years in business. Established as an innovative startup, CREALOGIX has now grown to be a global FinTech company but has not lost its original pioneering spirit. To mark a quarter of a century in existence, CREALOGIX is gifting itself new, modern and sustainable office space in Zurich.
Fave launches BNPL service in Singapore, Malaysia
FavePay Later offers interest-free flexible payments on the Fave app.
Risks for Sri Lankan banks may rise when ISB investment suspension lifts: Fitch
Even with the suspension lifted, banks will still have difficulties accessing foreign currency funding.
Commentary
Show, don’t tell: Asian banks need to prove simplification works – here’s how
What kids without wallets can teach us about the future of finance
What is best practice when setting up an in-house bank?
How technology and regulation are reshaping the lending landscape