News
Standard Chartered SG derisking pays off as asset quality improves: analyst
Standard Chartered SG derisking pays off as asset quality improves: analyst
Though its lending profile is less diverse than local banks, capitalization remains strong.
MAS issues expectations for financial institutions’ net zero transition planning
The guidelines are aimed at helping FIs enable effective climate change mitigation.
South Korean banks’ deposits up US$19.9b in September
Transferable deposits rose substantially, whilst time deposits fell.
Chuseok, mortgage demand drive up Korean banks’ lending in September
Home mortgage demand grew by $4.49b (KRW6.1t) in August.
OCBC names new Greater China head, OCBC Wing Hang China CEO
Wang Ke and Ang Eng Siong are stepping up to their new roles on 1 November.
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.
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