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Singapore and China launches taskforce for green finance
Singapore and China launches taskforce for green finance
The collaboration will be co-chaired by Gillian Tan and Dr. Ma Jun.
Steady margins will push Daegu Bank to stable profits in 2023
The bank’s dividend payouts will remain at current levels of 40% to 50%, Moody’s reported.
Japan’s Chiba bank to maintain above domestic average profitability
The bank will maintain strong loan quality and liquidity, Moody’s said.
MAS unveils Finance for Net Zero Action Plan
The new net zero plan has expanded to include transition finance.
Australia's Airwallex sets foot in Canada, targets to expand in the Americas
Canadian businesses can create payouts to 150 countries.
SG fintech Adyen appoints Priyanka Gargav as country manager
She will continue her role as head of commercials for SEA and Hong Kong.
CIMB Bank and OxPay join forces for digital payment solutions
The partnership will serve as a starting point for additional talks that may involve signing separate agreements.
HSBC says split bank would result in ‘erosion of earnings’
The bank responded to the strong statement regarding a break-up plan by Ping An.
Weekly Global News Wrap: UBS to retain only few Credit Suisse senior bankers; open banking to increase liquidity risk
And the UK must make it easier for banking staff to work remotely, says industry body.
Chinese banks' bad loans to hit $95b in 2024
Stress from property sector continues to weigh.
Digital finance platform Funding Societies has disbursed $3b of funding to SMEs
The company offers lending, payments, and collections services.
BNP Paribas launching wealth management business in Thailand: report
It will use the bank’s platform in Singapore.
HSBC’s largest shareholder shares ‘deep concerns’, pushes for break-up
Ping An expressed five points that need to be addressed.
Brankas-MPT mobility partnership grants motorists quick toll reload via bank accounts
This collaboration targets to attract new app users that will benefit from lower service fees.
South Korea’s central bank unveils system for verifying AI use in credit scoring
Credit bureaus will be supervised under this new verification system.
Alternative payments account for 43.3% of e-commerce purchases in Hong Kong
Over 90% of Hong Kong consumers have shopped online over the past 6 months.
MAS chief Ravi Menon set to step down in 2023: report
Chia Der Jiun is tipped to be the next managing director of Singapore’s central bank.
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