Staff Reporter
StashAway, family office firm to offer clients with more investment options
StashAway, family office firm to offer clients with more investment options
ACP clients can invest in private equity managers such as KKR, SilverLake, and Khosla Ventures.
BigPay revamps mobile application interface
The redesign now features a floating navigation bar.
Standard Chartered: We’re here for good
The bank’s initiatives align with its vision for a sustainable future.
South Korean banks to maintain eased lending stance in Q3: report
There are less banks who will ease their lending stance compared to Q2 and Q1, however
Malaysia’s Public Bank extended $2.6b 'affordable home' loans in 2022
The bank has given out RM67b in commercial loans to Malaysian SMEs.
Exceptional banks and financial institutions recognised at Asian Banking & Finance Awards 2023
Industry players across the region gathered in Singapore to celebrate their wins at the Wholesale Banking Awards, Retail Banking Awards, and Corporate and Investment Banking Awards
Chart of the Week: 1 in 3 online transaction in Australia use alt payments
The e-commerce market will be worth $51b in 2023, according to GlobalData.
Weekly Global News Wrap: UBS shoulders US$388m payment over CS’s Archegos ties; UK to meet with banks on account closures
US authorities tell banks to fix inaccurate financial statements.
Mizuho Bank highlights innovation in new corporate tagline
It comes after the Japanese megabank launches its new medium-term business plan.
Thai regulator warns of weakening debt serviceability, bond market
Slower-than-expected income recovery and rising cost of living are hitting households.
SG incumbent banks unlikely to take hit from neobanks' deposit cap raise: Fitch
Digital banks could face challenges beyond funding.
Public Bank enhances security measures against scams
This warning goes on the back of a recent social media scam that promoted small-interest loans.
Bangkok Bank’s net profits surge by 52.2% in H1
This follows after a 36% increase in the bank’s net interest income during the period.
OCBC establishes chief sustainability role, nominated Mike Ng
Mike Ng will assume the group CSO position on 1 August.
Busan Bank’s earnings to decline in medium term: Moody’s
Profits will decline due to a modest narrowing of net interest margins to 2% in 2023.
Korea’s Kyongnam Bank face rising loan risks from SMEs, real estate financing: analyst
Profitability is expected to decline slightly, but it should maintain sufficient capital buffer.
1 in 5 Thai banks’ restructured loans will go bad: analyst
SMEs will likely struggle to make payments as production costs squeezes profits.
Commentary
The Asian connection: China's path to sustainable growth