News

Indonesia's PermataBank names new president director

Indonesia's PermataBank names new president director

Rusli has worked for international institutions, including Goldman Sachs and Accenture.

Real estate woes threaten Chinese banks’ profits: Natixis

Bad loans are growing whilst new regulations' effects are yet to reflect.

Weekly Global News Wrap: State Street not buying Credit Suisse; Italy to expire bad loan scheme

And China gives the first nod to revive Ant IPO.   From Reuters: Financial services and bank holding company State Street has denied reports that it is looking to buy Credit Suisse.

KASIKORNBANK’s stake buy of PT Bank Maspion unlikely to dent strength: Fitch 

Thai banks are on an expansion spree overseas amidst weak chances domestically.

Singapore establishes framework to push for high quality green bonds

A committee will oversee the Singapore Green Bond Framework.

SG-based loan platform Capital C Corporation bags $53.72m in fresh funds

The firm was founded by brothers Jeames Cheow and JJohn Cheow in 2011.

MUFG closes HK$1.35b dual currency green term loan for Xinyi Glass Holdings

The three-year syndicated loan was 2.25 times oversubscribed.

Citi joins the Alliance for Green Commercial Banks in Asia

HKMA and the IFC jointly launched the Asia chapter of the alliance in 2020.

Dah Sing Bank reopens Ocean Walk Branch

The branch was closed earlier this week.

OCBC appoints first-ever head of Group Data Office

MacDonald led the creation of the bank’s dedicated AI unit in 2018.

Taiwan banks ordered to take measures to safeguard elderly customers

Regulator urges banks to treat elderly customers fairly and reasonably.

Standard Chartered launches sustainable account solution for SG corporates

Corporates can allocate their surplus cash to support the net zero agenda.

MAS revises business continuity guidelines of financial institutions

The guidelines took into account two round of public consultation.

Singapore’s push into ESG investing

Transparent and trustworthy reporting standards made Singapore a regional financial hub. Can it do the same with green investing?

Why this SG-based fintech firm is ending the pen-and-paper era of financial advisors

GoalsMapper used its cloud-based platform to help financial advisors support 80,000 clients.