Staff Reporter
Singapore warns of scammers impersonating central bank officers
Singapore warns of scammers impersonating central bank officers
About 41 individuals have fallen victim to scammers, with $2.6m in losses.
Partnerships, carbon action, talent acquisition key for SEA banks’ in 2024: analyst
Developing new workforce capability is now a necessity given macro factors.
SCB names ex-Citi banker as new SVP and chief wholesale banking officer
Parksuwan has worked for Citi Thailand and HSBC Bank Thailand.
MUFJ to buy Aussie pension company Link Group
The Japanese banking giant is acquiring 100% of issued shares of Link Group.
Mizuho introduces new medium-term targets for financed emmissions
The new targets are in the automotive and maritime transport sectors.
Weekly Global News Wrap: Citi to exit distressed-debt trading business; Korea seeks to fine HSBC, BNP Paribas
And Germany seizes $790m from the bank account of a Russian financial institution.
Korean central bank inks deal to develop system for testing CBDCs
LG CNS Co. will develop a set of systems for the test.
StanChart SG onboards 10,000 clients in SC Inner Circle
These clients deliver feedback and insights on initiatives and products.
Deutsche Bank doubles its Indonesia capital to $644m
This is the third time it raised its capital in an APAC market this year.
BPI, RBC merger approved
It will take effect on 1 January, with BPI as the surviving entity.
HKMA reprimands TNG Asia for inadequate compliance systems
The HKMA has reprimanded and ordered TNG to pay a pecuniary penalty of HK$1.6m for contravening section 8Q of the PSSVFO.
Indonesia’s net liability IIP sustains slump Q3’23
It fell 0.5% quarter-on-quarter to $252.6.
Make sure you don’t miss the 2024 Asian Banking & Finance Forum and Insurance Asia Forum in Ho Chi Minh
Learn innovative ideas that are shaping the future of the banking & finance and insurance industries, from the region’s top leaders and executives.
Bangladesh’s Dutch-Bangla Bank to face tough operating conditions in 2024: S&P
The bank should be able to maintain its satisfactory franchise, however.
APAC consumers to spend more for travel, dining out in 2024: Mastercard
Consumers are expected to allocate a larger share of their wallets to discretionary spending.
JCB contactless payments now available in the UK
In 2024, JCB plans to enable contactless payments in the remaining 80% of UK Worldpay terminals.
ZA Bank’s Global Transfer service helps save HK$4m in transfer fees
Over 90% of the international money transfers are completed within a day’s time.
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1. Mizuho to acquire majority of Upsider’s shares for $309.8m 2. Singapore launches electronic deferred payments to ease cheque phase-out 3. SMBC appoints Joy Kwek to lead capital markets & solutions in APAC 4. NAB invests $55m to upgrade over 100 branches across Australia 5. Airwallex gains capital markets services license in SingaporeResource Center
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