Markets
BDO to issue $89.2m in fixed-rate sustainability bonds
BDO to issue $89.2m in fixed-rate sustainability bonds
It has a tenor of 1.5% years and a coupon rate of 6.025% per annum.
Standard Chartered names ex-Citi banker as head of global securities
Stella Choe was most recently head of global network banking for APAC in Citi.
It's the most wonderful time of the year for ABF!
Asian Banking & Finance will be back on 8 January 2024.
MUFJ to buy Aussie pension company Link Group
The Japanese banking giant is acquiring 100% of issued shares of Link Group.
MUFG purchases 100% stake in Australian holding group
The acquisition is valued at AU$1.1b.
Banks face negative outlook in 2024 amidst bad loans, higher costs
ASEAN banks, however, will benefit from policy changes arising from geopolitical tensions.
Japan’s Mizuho invests in SG-based carbon exchange CIX
CIX will use the funding to build out its existing platforms and deepen offerings.
PH’s Sarangani Rural Bank ex-officers charged for breaking banking law
They have been sentenced to 5 years’ imprisonment and fined up to $877 each.
Mastercard, NTU launches new masters program on cybersecurity
The program is tailored for professionals seeking a spot in the cybersecurity space.
GBA’s financial services industry more ‘bullish’ for future prospects: PwC
Tech advancements are paving the way to new opportunities for cross-industry servicing.
Singapore to pilot use of wholesale CBCDs in 2024: Menon
MAS is also rolling out GPRNT.AI, an ESG data platform for financial institutions.
Japan’s Nomura mulls dropping China securities joint venture: report
The JV $30.75m in 2022, and $11m in 2021.
SB Finance highlights four key benefits collaboration can do for the Philippine financial industry
Abbie Casanova, SB Finance’s CEO, said finding the right partner can exponentially increase business fundamentals and market reach.
Citigroup to redeem $1.49b in preferred shares for $25
Any quarterly dividend declared, but not paid prior, will be paid on or before the redemption date.
Thailand to host 2026 IMF-World Bank annual meetings
More than 12,000 attendees are expected to attend the meetings.
Japan’s Mizuho joins global health investment initiative
Triple I for GH1 seeks to mobilize private capital for universal health coverage.
Non-bank and housing financers to see robust loan growth in 2024: Ind-Ra
Diversified large NBFCs might turn to public debentures.