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Chinese joint stock banks turn sour, economic outlook grim
Chinese joint stock banks turn sour, economic outlook grim
All five banks saw single-digit contractions in operating income.
Liyen Wee takes spot as VP, head of wealth at Cohen & Steers
She will be headquartered in Singapore under David Conway’s management.
Menon to step down as MAS managing director
Chia Der Jiun will succeed Menon.
Open banking, a global trend driving Asian financial services
David Fergusson, CEO of Atlas Consolidated, to deliver a masterclass on open banking trends at Asian Banking & Finance Summit.
Asian Banking & Finance Summit to feature sustainable finance
Ernst & Young’s Aloysius Fua to moderate summit discussions on bridging the company-investor gap for sustainable finance.
Financial regulators in ASEAN pledge to bolster partnerships, region to grow 4.5%
The ministers and governors discussed maintaining strategies amidst geopolitical tensions, debt, and sustainability hurdles.
The majority of Singaporean and Hong Kong youth believe that financial advice-seeking is beneficial
The study reveals that family comes in third most reliable source of financial advice.
Keppel, DBS join hands to scale up sustainable solutions in Asia
The partners will focus on India.
Strong income drives CIMB to a 26.2% net profit growth in H1
An interim dividend of 17.5 sen per share has been proposed.
Standard Chartered Bank's Jim Byrden to highlight importance of cyber resilience, AI in banking at upcoming summit
Standard Chartered's Managing Director of Assurance and Testing in Group CISRO, Jim Byrden, shares valuable insights on emerging technologies and cybersecurity ahead of his speaking engagement at the Asian Banking & Finance Summit in Singapore this September.
Card payments in New Zealand to grow 6.5% in 2023:GlobalData
It will reach about NZ$102.4b.
Maybank’s first half profits surge 26% YoY
Its further expansion was dampened by a contraction in net fund-based income.
New Zealand banks to persevere amidst inquiry by Commerce Commission: S&P Global
The banks, Australia-owned, hold a total market share of 85%.
Foreign currency deposits push Hong Kong deposits to a 1.2% rise in July
Hong Kong dollar deposits dipped, whilst foreign deposits rose.
Chinese banks cut deposit rates: report
The banks cut deposit rates between 5 and 25 basis points.
MAS-licenced MoneyOwl to wind down financial advisory business
The company found that its advisory business is not financially viable.
Hong Kong has issued US$22b in green bonds: report
Proceeds for the bonds have been allocated or earmarked for green projects.
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The Asian connection: China's path to sustainable growth