News
SG's investment banking fees rise 30.2%
SG's investment banking fees rise 30.2%
Investment banking activities generated $725.5m in fees.
FavePay teams up with Google Pay to offer cashback to Singapore users
Google Pay users can get up to a 20% cashback when they pay through SGQR.
Weekly Global News Wrap: JPMorgan launches Chase in UK; Credit Suisse Asia mulls merging investment and advisory arms
And JPMorgan has bought the college planning platform, Frank.
Japan’s MUFG sells US retail bank subsidiary to US Bancorp in $8b deal
It is exiting the retail banking business to refocus on corporate transactions.
Indonesian fintech startup Komunal clinches $2.1m Series A funding
The company offers Neo-rural bank services locally.
Relaxed regulation heightens Thailand banks’ systematic risks: S&P
NPL ratio is expected to rise to its highest since the 2009 financial crisis.
New bank players from Thai, Malaysia agreement face limited growth prospects
The latest licensed banks in Thailand have loan market share below 0.5%.
UOB injects $88m in fresh capital for Vietnam charter
The capital injection was approved by the State Bank of Vietnam.
Chart of the Week: South Korea’s card payments market to reach $1.2t in 2025
Government incentives will support its continued growth.
Manulife, DBS launch flexible retirement product in Singapore
RetireSavvy allows Singaporeans to adjust their retirement plans.
Citibank named top bank in Singapore customer experience study
Its net promoter score rose 35% in 2021 from end-2020.
Singapore-based fintech Thune appoints Irina Chuchkina as new CMO
Chuchkina has 15 years of experience in the fintech industry.
Vietnam’s HDBank clinches $50m loan to finance green projects
Green projects have the potential to create over 1,350 jobs in the country.
Citi APAC appoints head of sustainability & corporate transactions for BCMA group
Rapheal Mun will relocate from Singapore to London for her new role.
Sri Lanka’s large banks’ outlook worsens amidst new COVID surge
The new COVID surge that began in April may hinder GDP recovery.
Half of APAC banks at risk of missing digital transformation targets: study
Banking leaders admit that they are at risk of ceasing to exist in 5-10 years.
UOB unveils green financing solution to push EV adoption in Singapore
It creates a one-stop ecosystem that connects its users to EV car dealers.
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