Staff Reporter

Norinchukin’s planned foreign bond divestment will hurt profits

The bank has about $13.63b (JPY2.25) in unrealized losses.

HSBC, Visa team up to develop multi-currency app Zing

Users can hold funds in 10 different currencies and transact in 200 countries.

China CITIC Bank warns against fraudulent website and emails

It has reported the matter to authorities in Hong Kong.

Citi ceasing operations in Haiti

The bank said that it will voluntarily surrender its banking license.

Singapore banks are phasing out OTPs for logins

Banks will instead use digital tokens to authenticate bank account login attempts.

Japan’s Norinchukin Bank has hit 60% of its sustainable finance target

The bank also participated in 7 sustainability committee meetings in FY2023.

BDO wins big at the Asian Banking & Finance Awards 2024 with groundbreaking innovations

Pioneering financial education, wealth management excellence, and cutting-edge retirement solutions propel BDO to the forefront of the banking industry.

APAC investment banking fees drop to eight-year-low in H1

ECM underwriting fees fell to its lowest level since 2013.

OCBC unveils financial programme for SG’s 36,000 property agents

It offers preferential home rates and bonus interest, amongst others.

Maybank Singapore rolls out money lock feature

Customers will need to visit branches or use select ATMs to unlock funds.

Japan’s SMFG issues new shares worth $23.89m

The move is part of its stock compensation plans.

DBS HK fined US$1.28m for anti-money laundering, review lapses

The bank failed to conduct due diligence in ‘high risk situations’ from 2012 and 2019.

Here's why you shouldn't miss the 2024 Asian Banking & Finance and Insurance Asia Summit

Shape the future of financial services in Asia at the region's premier banking, finance, and insurance summit.

Hang Seng Bank sets benchmark in digital currency innovation with top honours at ABF Fintech Awards 2024

The Bank receives Digital Currency Award for its role as a leading advocate of central bank digital currency, through a hypothetical e-HKD-based e-Wallet prototype and demonstration of associated use cases.

Siam Commercial Bank inks MOU for green-linked forward contracts 

Costs are tied to the company’s performance in ESG criteria.