News

9 Jan 14
Thanks to Abe's reflationary policies.
25 Jan 21
Noel Quinn is set to appear before the foreign affairs committee’s hearings on Tuesday.
25 Jan 21
Regulators are still supportive of banks and insurers working with online platforms.
22 Jan 21
The fundraising will likely give the venture a $700m valuation.
22 Jan 21
Poor performance of earlier neobanks have cast a doubt on their ability to gain income.
22 Jan 21
The convenience of online banking and higher interest rates are driving interest.
21 Jan 21
It coincides with a wider government crackdown on tech giants' financial activities.
21 Jan 21
Whilst COVID-19 hampered this rise, growth is expected to pick up again through 2024.
20 Jan 21
Five men and two women between the ages of 30-37 were arrested in raids.
20 Jan 21
Asset quality indicators are likely to deteriorate, and local geopolitics will also weigh in.
20 Jan 21
Whilst impaired loan estimates remain the same, asset quality risks have increased.
20 Jan 21
This is to supplement existing payment options and boost user experience on its Douyin app.
19 Jan 21
Over 20 private bankers, investment analysts were hired.
19 Jan 21
Up to 373 million locals could open a digital-only bank account in the next five years.
19 Jan 21
Local lenders may rebound in three to four years.
18 Jan 21
Financial firms should analyse and share threat intelligence within the ecosystem.
18 Jan 21
Compared to November 2019, delinquency rate is down 0.14 percentage points.
18 Jan 21
The tech startup has raised $3b in stock offering for its business expansion plans.
18 Jan 21
This was pushed by a sustained rise in mortgage loans.
18 Jan 21
It bought the remaining 30% stake of GoPay last December.
15 Jan 21
Leong will take over as deputy managing director of markets and development.
15 Jan 21
Q3 FY2021 earnings are set to jump 6.5%.
13 Jan 21
As much as $155b of non-performing personal loans could be offloaded.
12 Jan 21
There's a price to pay for not investing in China, said UBS' Eugene Qian.
12 Jan 21
Helen Wong faces expectations of improving group profits and optimizing capital levels.
12 Jan 21
And Italy's Monte dei Paschi di Siena will open books to possible partners.
12 Jan 21
Bank transfers made up 30.7% of the local payments market in 2020.
12 Jan 21
Outstanding loans reached $5.5t in December, 6.2% higher than last year.
11 Jan 21
Join Galvanize APAC managing director and finance professionals in the virtual event to be held on 28 January.
11 Jan 21
Non-bank payment services will now have to be at least 15% locally owned.
11 Jan 21
Helen Wong will be replacing Samuel Tsen on 15 April.
8 Jan 21
The value of M&A deals, equity issuances, and primary bond offerings also smashed records.
8 Jan 21
Despite rise of robo-advisory, Singaporeans overwhelmingly prefer face-to-face advisory, he said.
8 Jan 21
It will help steer banks’ credits towards companies with stronger balance sheets.
8 Jan 21
Higher asset risks can put pressure on standalone credit profiles.
7 Jan 21
Consumers are willing to trade their personal info for more tailored service offerings, says Accenture's Paul Ng.
7 Jan 21
It wants to strengthen its capital base for possible acquisitions.
6 Jan 21
Mastercard has collaborated with fintechs that meet the underserved's financial needs.
5 Jan 21
DPT activities carry higher inherent money laundering and terrorism financing risks.