Staff Reporter

Citibank Singapore launching new satellite wealth advisory hubs in 2024

The Parkway Parade hub and One Holland Village hub expands Citi’s physical footprints.

Two Hong Kong banks facing record fines for short-selling in Korea: report

South Korea’s FSS said they made short-selling deals worth KRW40b and KRW16b, respectively.

Citigroup to redeem $1.49b in preferred shares for $25

Any quarterly dividend declared, but not paid prior, will be paid on or before the redemption date.

Citigroup’s net income rises 2% to $3.5b in Q3

Revenue was 9% higher at $20.1b during the quarter.

Thailand to host 2026 IMF-World Bank annual meetings

More than 12,000 attendees are expected to attend the meetings.

Mizuho Bank unveils progress report for business improvement plan

It is also in the process of reforming company culture through a new corporate identity.

Japan’s Mizuho joins global health investment initiative

Triple I for GH1 seeks to mobilize private capital for universal health coverage.

DBS, SkillsFuture SG ink two-year partnership to boost green skills in SMEs

Courses will be offered under the DBS BusinessClass Academy and its partners.

OCBC shines at ABF Wholesale Banking Awards, Retail Banking Awards

Amongst other accolades, the bank bagged the China International Trade Finance Bank of the Year award as well as its 13th consecutive ASEAN SME Bank of the Year award, attesting to the strength of its extensive ASEAN-Greater China franchise. 

HSBC Singapore appoints new head of commercial banking

She previously held the role of head of global banking.

Artificial Intelligence can fill the crevices in the banking industry: UnionBank exec

Other potentials of AI in banking could help reach broader markets in the underserved segment of the country.

HLB and Cagamas concludes RM300m green deal

It is Malaysia's first corporate issuance relating to green housing loans and financing.

Bank Rakyat Indonesia issues new green bonds worth IDR6t

This is in line with the BRI’s commitment to sustainable finance.

Golden Week drives Alipay spending by Chinese tourists

The average spending has surpassed pre-COVID-19 levels

Fintech funding in SEA freefalls 74% in Q3

Rising interest rates, macroeconomic factors, and fear of reduced startup valuation caused this downfall.