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.
HSBC names Jeffrey Yap as head of investments and wealth solutions for SEA
Yap has served as interim head since November last year.
Standard Chartered launches sustainable account solution for SG corporates
Corporates can allocate their surplus cash to support the net zero agenda.
Hong Kong’s Dah Sing Bank temporarily closes Ocean Walk Branch
Staff members will be tested for COVID.
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.
Commentary
Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?
The Asian connection: China's path to sustainable growth