News
Standard Chartered eyes $200b in net new money in next five years
Standard Chartered eyes $200b in net new money in next five years
The bank plans to expand its relationship manager team by 50%.
South Korea compliant with Basel standards
These evaluations are part of the committee’s Regulatory Consistency Assessment Programme.
Deutsche Bank appoints Leo Yin as president of its China operations
He will report to Rose Zhu, chief country officer of Deutsche Bank China.
Affluent investors in SG demand more integrated wealth management solutions: survey
Wealthier individuals are particularly receptive to automated solutions.
Chinese banks see improved earnings in Q3
Interest income and fee income declines narrowed.
Cross-border shopping, e-wallets to shape Philippine payments in 2025
Evolving security frameworks will also redefine the payments experience, says Visa.
Concerns over Teh Family's Public Bank stake sale “overdone”: analyst
The estate will dispose of a 13% stake in the Malaysian bank.
RHB projected to log 50% full cash divided payout ratio for 2024
The Malaysian bank is on track to surpass its 4.5% loan growth target.
HDFC Bank teams up with Pennant to offer quicker loan processing
HDFC will be able to quickly launch new loan products, amongst others.
ING names Deepali Bhargava as head of research, APAC chief economist
Bhargava joins from Kohlberg Kravis Roberts & Co.
RACQ Bank’s insurance arm sale heralds' step towards revenue stability: report
Revenue from its insurance business has been volatile, according to Moody’s Ratings.
KPay raises $55m in series A funding round
It will use the funds for M&A opportunities and to double its partnerships.
India’s Navi Finserv now allowed to sanction, disburse loans
The central bank said that it is satisfied with Navi Finserv’s revamped processes and systems.
Deutsche Bank unveils Merchant Solutions in Australia, India, Indonesia, and SoKor
It is a global payment acceptance platform that gives access to local payment methods in a market.
Indian banks told to bring down number of inoperative, frozen accounts
Many of these result from banks’ backlog in their period verification of bank accounts.
Public Bank Group's net profit climbs by 12.4% to $427.36m in Q3 2024
Earnings per share stood at 9.85 sen.
BSP underscores PH's potential as investment destination for Islamic finance
This is thanks to the country's drive for financial inclusion and robust economy amongst others.
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1. Etiqa, Maybank launch Singapore's first Takaful in 10 years 2. Johor-Singapore economic zone seen attracting regional firms: OCBC 3. HSBC clinches Citi banker to head int’l wealth hub in Singapore 4. OCBC launches bespoke tokenised bonds for corporate investors 5. DBS Bank India names Rajat Verma as CEOResource Center
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ABF Corporate & Investment Banking Awards 2024 Winner: Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank)
VietinBank won Project Infrastructure Finance Deal of the Year - Vietnam at the ABF Corporate & Investment Banking Awards 2024.
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Embracing Change and Capturing Opportunities with Insights from Leading Chinese Banks