Staff Reporter
Go green using fit-for-gifting currency notes: MAS tells public
Go green using fit-for-gifting currency notes: MAS tells public
Residents are encouraged to use the Fit notes instead of new notes.
Hong Kong’s livi bank, FWD General Insurance launch home insurance plan
Those who avail of the plan can enjoy insurance coverage of up to HK$5m.
Malaysian banks “well-placed” to weather 2023 headwinds: S&P
Credit costs are expected to stay flattish and slowing credit growth should be manageable.
UOB transforms HR services with Workday’s Human Capital Management
Enhanced data analytics enables UOB to make improved real-time HR decisions.
Citi Bangladesh names Md. Moinul Huq as Citi Country Officer
He has over 25 years of experience across a number of banking fields.
Citi announces leadership appointments in Asia Pacific Markets business
The new heads will be based in Singapore and Hong Kong.
Hong Kong’s livi bank unveils new app interface, adds rewards feature
Customers can win cash rewards and enter a lucky draw to win round-trip tickets to Hokkaido.
HDBank to issue $500m in convertible bonds to international investors
Proceeds will be used for the bank’s medium and long term capital.
Weekly Global News Wrap: Citi negotiating return of $500m Revlon loan payment; Well Fargo cuts mortgage roles
And US banks report $71.7b profit in Q3.
ZA Bank kicks off sandbox trial for online business account opening service
Trial for ZA Dash will run until 30 December.
DBS Hong Kong names Wallace Nam as head of institutional banking
Prior to joining DBS, Nam served various leadership roles in HSBC.
HSBC sells Canadian banking operations to Royal Bank of Canada for $10.1b
The bank expects to generate an estimated pre-tax gain of $5.7b.
Visa appoints Adeline Kim as Singapore, Brunei country manager
She was most recently head of data solutions for Asia Pacific.
HSBC to close 114 branches in the UK
Some of the closing branches serve less than 250 customers a week.
Public Bank’s net profit up 3% to $1b in 2022
A second interim dividend of 4 sen per share has been announced.
Bank of East Asia offers preferential interest rate to green mortgage customers’ time deposits
It follows in the footsteps of BEA’s Green Mortgage Plan.
Over 75% Singaporeans ‘definitely’ want better online banking services
The majority of Singaporeans now use mobiles apps for bank services.
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1. Revolut Singapore hits first year of net profitability in 2024 2. CIMB Philippines says fund transfer issue ‘resolved’ 3. Bank of America appoints Phil Carmalt as head of APAC GPS 4. HSBC Singapore unveils wealth centre at The Star Vista mall 5. Citi names Goldman Sachs banker as head of markets solutions in Asia South & NorthResource Center
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