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Citi to set up FX pricing and trading engine in Singapore
Citi to set up FX pricing and trading engine in Singapore
It will feature a proprietary pricing and hedging algorithm and offer 23 spot currencies.
Citibank Taiwan unveils credit card with higher cashback
It offers up to 3% cash back for new customers.
Mizuho to book $6b restructuring costs in digital pivot
The Japanese megabank is scaling down its physical retail network.
Bank Central Asia's net profit jumped 10.9% to $1.84b in 2018
Loan growth hit 15.1% amidst strong corporate demand.
ABN AMRO unveils branch in Sydney
Peter Davis will lead the Dutch lender's operations in Australia.
RHB Indochina offers cashless payment service in Cambodia
It has tied up with mobile payment app Pi Pay.
State Bank of India sets up joint venture with Hitachi unit for digital payments
The JV will use business analytics to study how to penetrate unbanked towns.
UOB launches programme to help Thai SMEs digitise
SMEs can access digital tools and financing opportunities through the scheme.
Krungsri Bank unveils facial recognition technology for deposit account opening
It plans to expand the tech to customers opening passbooks via mobile app by Q2 2019.
Indonesia's Bank Mandiri mulls takeover of Standard Chartered-backed rival: report
It could merge it with Mandiri itself or with its unit, Bank Mantap.
Central Bank of India puts up $468m worth of bad loans for sale
Interested parties should submit an EOI and sign non-disclosure agreements for an e-auction on 20 March.
India slaps $1.5m fine on four banks for non-compliance in SWIFT messaging
Karnataka Bank was hit with $564,000 worth of penalties.
MUFG to ditch over-the-counter international cash transfers to strengthen AML efforts: report
Bank users may continue to send money overseas online through a stricter process.
DBS to set up over 100 touchpoints in India
The bank plans to open nine new branches in March alone.
RHB unveils commercial card line for SMEs and corporates
The RHB Purchasing Charge Card-i is a Shariah compliant charge card.
Union Bancaire Privée nabs wholesale bank license in Singapore
UBP will soon offer SGD services like deposits and loans.
UnionBank of the Philippines' thrift unit completes merger with PR Savings Bank
The move will accelerate UnionBank's push into the motorcycle financing market.
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