News
Citi launches sustainable time deposit for India-based institutional clients
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.
Aggressive loan growth leaves HDBank more vulnerable to risks
Its asset quality may be further strained by its planned acquisition of a ‘weak’ bank
CIMB reaps benefits from de-risking, cost optimisation initiatives
Net interest margin compression will be offset by improved profits and stable capital.
OCBC to remain strong and stable through 2024: Moody’s
Asset quality and nonperforming loans will likely remain between 1% to 1.5% in 2023-2024.
Hang Seng Bank to launch RMB counter on 19 June
The bank’s shares will be designated as dual counter securities by the stock exchange.
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1. DBS and Goldman Sachs complete first interbank OTC crypto options trade 2. HSBC Innovation Banking launches Singapore operations with $1.5b fund 3. BDO’s net income up 4% to $1.07b in 9M 2025 4. Hong Kong central bank names deputy CEO for exchange fund investment office 5. Hang Seng Bank launches instant transfer service JustPayResource Center
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