Markets
Citigroup to redeem $1.49b in preferred shares for $25
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.
Australia looking to tap potential of AT1 bonds
This exploration will alleviate any potential risks that may dawn the banking sector.
Michèle Bouquet-Kumble reframes banking brand narratives
TBWA Singapore's Senior Strategy Director outlines the new frontier in financial sector branding.
UOB Thailand unveils indoor event hub UOB LIVE
It has a capacity of 6,000 seats and will also offer dining and shopping experiences.
Revised rules bolster Korean banks’ competition, but no silver bullet to thriving: analysts
The proposed revisions will pave the way for mergers and bolster competitiveness.
China’s financial sector may be hit by Zhongrong’s missed payments
The ongoing property sector downturn poses a larger risk for the trust industry.
Citi names Gunjan Kalra as APAC head of Citi Commercial Bank
Kalra has been APAC head of corporate sales and solutions since 2021.
South Korean outlines new measures to improve FI's internal controls
Financial companies must clearly designated internal control responsibilities of each exec.
APAC regulators begin conducting climate risk stress tests: CreditSights
At least seven APAC central banks and supervisory authorities have accomplished at least one version and published the results.
Mastercard aims to bring 1 billion people, 50 million MSMEs into digital economy
In SEA, Mastercard launches various programs to drive financial and digital inclusion in secular and community markets.
BIS names deputy head of monetary and economic development
The appointment is for a five-year term.
Singapore and China launches taskforce for green finance
The collaboration will be co-chaired by Gillian Tan and Dr. Ma Jun.
Crédit Agricole CIB opens wholly foreign-owned enterprise in Mainland China
The business will focus on cross-border mergers and acquisitions, encompassing purchases, disposals and capital raising.
Citi makes two key appoints for markets, TTS business
Vandana Bhatter and Anoushka Dua have been named in key ASEAN leadership roles.
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