Staff Reporter

IWG, Standard Chartered launch co-working space within bank branch

Spaces@SCB is located within the bank’s Serangoon Gardens branch.

Techcombank reports profit before tax of $1.09b in 2022

Net interest income grew 13.5% during the year.

Citi named sole arranger of CABEI’s 10-year JPY7b and 10-year US$130m ESG bonds

The bonds will be issued to Japanese and Taiwanese investors, respectively.

Mortgage loans in Hong Kong drops by nearly 10% in December

Loans stood at HK$25.6b during the month, the Monetary Authority reported.

Natixis CIB names Cécile De Sousa as APAC COO

De Sousa will focus on developing domains of merging tech for the bank.

Natixis names Gregoire Bielle as APAC head of private credit sales

Bielle will be responsible for the bank’s private credit sales team in APAC.

Natixis names William Xiong as new head of loan syndicate for APAC

Xiong first joined Natixis CIB’s loan syndication team in 2017.

Deutsche Bank names Johanes Oeni as SEA head of international private bank

Prior to his new role, Oeni led the WM business of Credit Suisse in Indonesia and Malaysia.

Hong Kong banks offer up to 30% salary raise amidst talent crunch

Talents for in-demand roles can clinch salary increments as high as 30%.

Bank of the Philippine Islands' issues $373m fixed-rate bonds due 2024

BPI Rise Bonds have an interest rate of 5.75% per annum.

UnionBank net income up 12% to $233.59m in 2022

Revenue hit a record high, whilst consumer loans rose after acquiring Citi’s assets.

Thailand's KBank targets 5-7% loan growth in 2023

Thailand's economy will recover unevenly, varying across different businesses, KBank's CEO noted.

High inflation, interest rates may increase Southeast Asian banks’ loan problems

Both asset quality and profits will weaken but should be manageable, says Moody’s.

Better rates, lower fees not enough for digital banks to make a profit: analyst

Those who can tap into their parents’ customer base have the best chance of success.