Staff Reporter
Nomura eyes $1b potential revenue boost from equities, wealth: report
Nomura eyes $1b potential revenue boost from equities, wealth: report
CEO Kentaro Okuda said that it needs to raise revenues in these businesses to boost Nomura’s returns.
MAS, BOJ renew bilateral local currency swap agreement
The two central banks can exchange local currencies of up to S$15b.
DBS Asia Capital names Lindsay Chu as new CEO
Prior to joining DBS, has worked senior roles in HSBC, Nomura, and J.P. Morgan.
FinTechs to prioritise securing talent: PwC
Lack of domestic talent was cited amongst the main weaknesses in Singapore’s industry.
Dah Sing Bank joins Mastercard’s Priceless Planet Coalition
As a banking partner, Dah Sing Bank will raise customer awareness towards reforestation.
South Korea’s credit card payments market to be worth $890b in 2026
In the near term, rising interest rates may discourage card use.
Citi Philippines grants $20m loan to financially assist low-income women entrepreneurs
ASA Philippines Foundation supports 2 million women across the country.
APAC banks to have steady financial performance in 2023: Fitch
Sri Lanka will deteriorate; Singapore’s profits may rise to higher than pre-pandemic.
Cambodia’s ABA Bank launches instant card issuance kiosks
Over 191,000 cards have already been issued since launch.
Techcombank teams up with Adobe to deliver personalized banking solutions
The bank will use Adobe’s cloud platform to analyze customers’ browsing behavior.
HSBC Global Private Banking launches discretionary digital platform in Asia
It makes use of building blocks to construct clients’ portfolios.
Thai banks called to supercharge profitability by enacting future-oriented strategy
They’ve lagged behind their peers, with market cap falling to just 8% of ASEAN.
Maybank’s net profit rises 28.5% to $658.5m YoY in Q3
The bank benefitted from Southeast Asia’s improving economic environment.
Thailand banks’ loans up 5.3% in Q3
Corporate loans rose from a year ago and consumer loans also grew.
DBS completes intraday repo transaction on a blockchain-based network
Repo transactions will finish within hours instead of one to two days.
UOB EVOL unveils feature for offsetting electric carbon footprint
Customers need only to charge their SP utilities bills to their UOB EVOL card.
BDO Capital Named as PH’s Corporate and Investment Bank of the Year for 5 Consecutive Years
BDO Capital & Investment Corporation (BDO Capital) has been recognized as the country’s Corporate and Investment Bank of the year for the 5th straight year at the Asian Banking & Finance Awards. BDO Capital’s remarkable achievement is a testament to its consistent excellence in delivering best-in-class investment banking services across various product lines in the Philippine capital markets.
Commentary
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