Staff Reporter
OCBC CEO Helen Wong appointed as executive director
OCBC CEO Helen Wong appointed as executive director
She will now assume responsibility for both roles.
Visa names new chairman and regional president for APAC
Visa Japan’s country head Stephen Karpin is the new regional president, whilst Chris Clark ascends as chairman.
Malaysian banks troubled by weak loan growth in 2023
Loan applications contracted 16.1%, according to UOB Kay Hian.
Asia's wealth managers faced with potential $25m revenue boost
Rising income will push the affluent and mass affluent segments’ wealth pool to $4.7t.
Singapore named one of top countries with most fintech unicorns
The Lion City ranked ninth and named amongst the world’s fintech capitals.
Standard Chartered clinches approval to set up securities firm in China
It will receive an initial capital injection of over $155m.
ZA Bank names former chief executive of rival virtual bank as new CEO
Ronald Iu joined ZA Bank’s parent ZA International in February 2022.
Improving cybersecurity in financial services
Akamai Technologies and Asian Banking and Finance will discuss trends and threats in their upcoming webinar.
GXS Bank names former SGX president as group CEO
Since stepping down in 2019, Muthukrishan Ramaswami has served on the boards of GovTech Singapore and Temus.
Nomura Holdings’ net income up 11% to $508m in Q3
Net revenue was up 24% compared to the year ago.
Weekly Global News Wrap: Grupo Mexico clinches $5b to buy Citi assets; Brazilian banks may set aside $890m for Americanas losses
And the UK lays out plans to regulate cryptocurrency.
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.
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1. Mizuho to acquire majority of Upsider’s shares for $309.8m 2. Singapore launches electronic deferred payments to ease cheque phase-out 3. SMBC appoints Joy Kwek to lead capital markets & solutions in APAC 4. NAB invests $55m to upgrade over 100 branches across Australia 5. Airwallex gains capital markets services license in SingaporeResource Center
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