News
Bank of China HK’s HKD prime rate, savings deposit rate unchanged
Bank of China HK’s HKD prime rate, savings deposit rate unchanged
Savings accounts with HK$1m will enjoy a bonus rate of 0.001% per annum.
BNY Mellon names Hong Kong chief executive
Francis Giglio will sit in place and his designation is effective immediately.
livi bank, FWD General Insurance launch pet care insurance
Survey shows that 77% of pet owners have not purchased any pet insurance.
HSBC winding down wealth, personal banking business in New Zealand
The bank can no longer justify investing into this business, it said in a statement.
Citi launches sustainable time deposit for India-based institutional clients
This is the product’s third market, after Singapore and Hong Kong.
HSBC plans to become top choice for VCs: report
It also plans to expand its focus to the Singapore market.
Bank of China Int'l Holdings issues first tokenised notes in Hong Kong
The product was derived from UBS, to which it marketed to its APAC clients.
SG banks strong and stable despite uncertain AT1 issuance market: experts
Banks are ramping up AT1 bond issuances after the Credit Suisse wipeout put a halt on issuances, observers said.
Kenanga Investment Bank commemorates 50 years
Clients can anticipate the Wealth SuperApp launch.
UOB outlook stable despite muted operations: Moody’s
Its recent acquisition will contribute positively to profitability.
Malaysia's AmBank, Alp Capital unveil point-of-sale QR payment for retailers
The new feature reduces the time spent reconciling transactions and e-wallet payments separately.
StanChart, SMU establish programme for women entrepreneurs
The bank funded $300,000 for the incubator.
DBS launches multi family office platform
The bank is already in talks with over 20 clients and prospects across Asia.
UBS, Credit Suisse SG operations "uninterrupted" post-acquisition: MAS
Both banks will operate on separate licences in Singapore.
40% of APAC susceptible to scam, youth more vulnerable: Visa
The youth are 1.3 times more likely than older adults to have been victimised by scams.
UOB opens 10th FDI Advisory Centre in Japan
Since its launch, the advisory unit supported about 4,000 companies investing in the region.
Nearly 9 in 10 SEA people now have access to credit
The report delves deeper into the effects of credit access on financial services provider (FSP) customers.
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