Retail Banking
Citi joins the Alliance for Green Commercial Banks in Asia
Citi joins the Alliance for Green Commercial Banks in Asia
HKMA and the IFC jointly launched the Asia chapter of the alliance in 2020.
HSBC names Jeffrey Yap as head of investments and wealth solutions for SEA
Yap has served as interim head since November last year.
83% of StanChart SG employees are in hybrid work arrangements
The bank covered $5.09m in costs in April 2021 to help employees set up home offices.
MUFG Bank names ex-Indonesia country head as new Regional Exec for APAC
Daisuke Ejima was country head of Indonesia prior to his new role.
How Citi’s hiring spree sets into motion its $150b new AUM goal by 2025
The bank looks to hire 1,500 new employees in Singapore alone and triple AUM.
Public Bank net profits down 8.6% in Q1 as one-off tax bites
The operating environment remains challenging, the bank’s founder said.
Maybank adopts cautious outlook amidst geopolitical tensions, volatility
The Malaysia lender saw its Q1 profits fall compared to the same period last year.
Asia’s Top 20 banks by revenue bounce back in 2021
But the recovery may not be sustained in 2022 as constraints pile up.
EastWest Bank to appoint new CEO, President
New CEO is current strategy consultant for the bank’s parent company Filinvest.
Bank of Singapore appoints wealth planning head for Greater China
The bank has also hired a senior wealth planner, to be based in Singapore.
Foreign banks in South Korea see earnings fall in 2021
Fee and commission income shrank by over 230% during the fiscal year.
Liechtenstein’s VP Bank scales up Asian operations with new hires
The bank has appointed Johnny Heng as head of its Singapore branch.
Lockdowns threaten Chinese banks' loan quality: analyst
Exposure to the ‘vulnerable’ engineering & construction sector could deteriorate asset quality.
Mizuho taps Deloitte partner as new exec, deputy compliance officer
The appointments are effective 1 June.
Citi Global Wealth appoints new COO
Valderrabano worked with Coca-Cola prior to joining Citi.
Malaysia’s new digital banks fated to remain niche in medium term
Regulatory limits and competition make it unlikely to break into the mainstream until 2026.
Thailand bank loans up 6.9% in Q1
Corporate loans continue to grow whilst consumer loans slowed amidst the Omicron outbreak.
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