China deems 19 banks 'too big to fail'

These banks face new capital and regulatory requirements.
2 days ago

China deems 19 banks 'too big to fail'

These banks face new capital and regulatory requirements.
2 days ago

China mulls adding crypto mining to 'negative list' of industries: report

Industries under the list are deemed off-limits for investments.

Only six new digital banks in the Philippines for now: BSP head

All nine additional applicants failed to submit documents.

Hong Kong bankers’ exodus accelerates amidst strict quarantine rules: report

UBS recently shifted to two senior bankers and might move eight more to China.

Relaxed regulation heightens Thailand banks’ systematic risks: S&P

NPL ratio is expected to rise to its highest since the 2009 financial crisis.

Citi APAC appoints head of sustainability & corporate transactions for BCMA group

Rapheal Mun will relocate from Singapore to London for her new role.

Banks welcome launch of Wealth Management Connect in Guangdong-Hong Kong-GBA 

BEA highlights hiring plans, whilst Citi says it will offer 100 types of wealth products under WM Connect.

China’s anti-graft agency investigates China Development Bank VP: report

He Xingxiang is suspected for “severe discipline and law violations.”

Citi boosts Asia ECM team with new hires

A couple of former JP Morgan bankers are joining the global bank’s ECM crew in Asia.

China makes biggest cash injection in banking system since February: report

The PBOC has injected a net CN¥120b into the system for this week.

Deutsche Bank Wealth Management appoints new SEA investment team head

Alania Conception is previously head of investment consulting for Credit Suisse Singapore and Malaysia.

UOB adopts the Equator Principles to refine sustainability strategy

The bank will apply the principles to assess and manage environmental and social risk projects.

Deutsche Bank names APAC head of wealth solutions

Dominique Jooris was CEO of Bank Pictet & Sie in Singapore prior to his new role.

Mizuho, IFC inks MOU to establish carbon facility

It will facilitate the purchase and sale of voluntary carbon credits.

Improved outlooks on the horizon for Chinese finance companies

Policies to slow debt growth and control property prices appear to be working, abating economic risks.