Staff Reporter

Hang Seng Bank warns of fraudulent facebook account

The bank said that it will never ask customers to give their personal information through embedded links.

Amanda Lee named APAC head of third party manager solutions for Citi

All of Citi’s mutual fund sales team members in the region report to her.

Make sure you don’t miss the 2023 Asian Banking and Finance Forum in Kuala Lumpur

The forum will take place in May and is the third instalment in the events series.

HSBC study: What type of wealth succession do Chinese entrepreneurs prefer?

56% of the surveyed hope to achieve risk isolation through family trusts.

BOCHK raises prime lending rate to 5.75%

The HKD savings deposit rate was also adjusted.

Hang Seng Bank changes its board composition

Michael Wu Wei Kuo retired as the Independent Non-executive Director.

Improved mortgages to support ANZ’s earnings over the next two years

Net interest margin improved 7bps in the six months ending 31 March 2023.

Australia’s Macquarie Bank’s earnings to rise by retail banking business: S&P

The bank’s parent company will also enjoy income growth from outside Australia.

Airwallex Hong Kong’s gross revenue grows threefold

Its consumer base also grew more than double.

Australia-based CoinJar lays foot on US grounds

The CEO remains confident despite regulatory risks.

PH banks missing out on revenue from growing middle class market

Over 7 in 10 loans made by banks are extended to corporates– leaving 15 million SMEs and self-employed workers with little access to traditional finance.

Public Bank raises interest rates by 0.25%

Its standardised base rate will now be 3%, whilst base lending rate is 6.72%.

FWD and SCB add 2 years to Thailand bancassurance contract

The collaboration with SCB has the largest contribution to FWD Thailand’s business.