Markets
Hong Kong mulls launching own digital currency: financial secretary
Hong Kong mulls launching own digital currency: financial secretary
This is part of HKMA's initiative to 'push all banks to go fintech'.
Climate Finance Taxonomy: 5 Principles to Steer Transition
The accelerating impact of climate change is growing more evident by the day, necessitating substantial shifts in financial market structures and...
Citi names global head of D10X under institutional clients group
The D10X focuses on the development of new solutions for Citi's institutional clients.
China deems 19 banks 'too big to fail'
These banks face new capital and regulatory requirements.
Weekly Global News Wrap: British financial watchdog might visit bankers working from home; UBS creates AI team
And Barclays opens Glasgow campus.
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.
Weekly Global News Wrap: Wells Fargo fined for overcharging commercial clients; Citi charged $1m for swap data violations
And investors are getting $400m from Credit Suisse supply chain funds.
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.