News
Citibank Singapore launching new satellite wealth advisory hubs in 2024
Citibank Singapore launching new satellite wealth advisory hubs in 2024
The Parkway Parade hub and One Holland Village hub expands Citi’s physical footprints.
Two Hong Kong banks facing record fines for short-selling in Korea: report
South Korea’s FSS said they made short-selling deals worth KRW40b and KRW16b, respectively.
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.
Citigroup’s net income rises 2% to $3.5b in Q3
Revenue was 9% higher at $20.1b during the quarter.
Thailand to host 2026 IMF-World Bank annual meetings
More than 12,000 attendees are expected to attend the meetings.
Mizuho Bank unveils progress report for business improvement plan
It is also in the process of reforming company culture through a new corporate identity.
Japan’s Mizuho joins global health investment initiative
Triple I for GH1 seeks to mobilize private capital for universal health coverage.
DBS, SkillsFuture SG ink two-year partnership to boost green skills in SMEs
Courses will be offered under the DBS BusinessClass Academy and its partners.
HSBC Singapore appoints new head of commercial banking
She previously held the role of head of global banking.
Philippines on track to meet digital payments goal: central bank
Nearly 4 in 10 Filipinos now have e-money accounts, says Deputy Governor Tangonan.
Artificial Intelligence can fill the crevices in the banking industry: UnionBank exec
Other potentials of AI in banking could help reach broader markets in the underserved segment of the country.
HLB and Cagamas concludes RM300m green deal
It is Malaysia's first corporate issuance relating to green housing loans and financing.
Indo-Crescent region is home to half of the world’s best-performing banks – McKinsey
The region is becoming a hub for banking excellence.
Bank Rakyat Indonesia issues new green bonds worth IDR6t
This is in line with the BRI’s commitment to sustainable finance.
Golden Week drives Alipay spending by Chinese tourists
The average spending has surpassed pre-COVID-19 levels
KakaoBank buys 10% in Superbank, enters partnership to boost digital banking in Indonesia
Superbank is planning to publicise its mobile app later in the year.
Citi sells onshore consumer wealth portfolio to HSBC Bank China
The transaction is estimated at $3.6b.
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1. DBS and Goldman Sachs complete first interbank OTC crypto options trade 2. How Gen AI is transforming banks’ financial advice, risk, and operations 3. HSBC Innovation Banking launches Singapore operations with $1.5b fund 4. BDO’s net income up 4% to $1.07b in 9M 2025 5. Here's how UOB plans to grow its wealth and wholesale unitsResource Center
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