News
Citi’s Shally Koh on how to foster a more diverse banking organisation
Citi’s Shally Koh on how to foster a more diverse banking organisation
The bank is touting its male allyship and mother support programs as part of its bid for gender equality.
StanChart's Maisie Chong on never saying no to seizing opportunities, paying it forward
Chong shares the joy of finding greater satisfaction and fulfilment through the course of work.
Hong Kong’s Mox Bank offers digital money transfer services in 10 currencies
Exchange fee is as low as 0.35%.
Ex-CEO, directors of Envision Wealth Management charged by MAS
They allegedly committed offences against the Securities and Futures Act, amongst others.
India’s HDFC Bank penalised by state tax officer of Gujarat
This is due to “disallowance of input tax credit” under section 73 of the CGST Act.
Trust Bank is most positively viewed financial brand by Singaporean women
It beat out other banking heavyweights and card network giants to emerge on top.
Mox Bank, CMB Wing Lung Bank warns of fake websites
Both banks have reported the incidences to the Hong Kong Monetary Authority.
BOCHK warns against fraudulent website
The bank denied any connection to the site and has reported it to authorities.
OCBC’s Mayda Lim in building the next pipeline of tech, banking talent
Lim weaves the need to support women bankers with the wider talent shortage in the industry.
CIMB Islamic, PETRONAS inks deal for Islamic commodity derivatives
This is PETRONAS’ first venture towards Shariah-compliant derivatives.
No record-high earnings for Singapore banks in 2024, but loans to recover
The US Federal Reserve is expected to start cutting rates in mid-2024.
Mox Bank launches 24/7 equities and fund trading services
Customers can invest as little as HK$1.
Currencycloud obtains In-Principle Approval for MPI licence in Singapore
It offers to ability to collect, convert, and spend multiple currencies across 180 markets.
Thailand publishes rules for virtual bank license applications
Applications begin on 20 March until 19 September 2024.
CIMB Personal Loan offers 2.8% interest rate per annum
Loans of over S$30,000, with a tenure of at least 3 years, can qualify for this.
New rules, price caps to push more mergers amongst Indonesia’s P2P lenders
The regulations will raise compliance costs, but price caps will make it hard to offset them.
Japan to break free from negative rate policy after wage hike: analyst
The negative rate environment is likely to end in April 2024.
Commentary
Show, don’t tell: Asian banks need to prove simplification works – here’s how
What kids without wallets can teach us about the future of finance
What is best practice when setting up an in-house bank?
How technology and regulation are reshaping the lending landscape