Staff Reporter
Online card and wallet acquiring now available in Spring by Citi platform
Online card and wallet acquiring now available in Spring by Citi platform
Spring by Citi integrates online payment methods with back-office treasury management systems.
DBS adds carbon calculator in LiveBetter platform
Users can also now access a curated portfolio of carbon projects to help reach offset goals.
Does geopolitics heighten risks of an East-West divide in the financial industry?
HSBC’s potential Asia split may signal that decoupling between the West and China is growing.
Indonesia's PermataBank names new president director
Rusli has worked for international institutions, including Goldman Sachs and Accenture.
Real estate woes threaten Chinese banks’ profits: Natixis
Bad loans are growing whilst new regulations' effects are yet to reflect.
Weekly Global News Wrap: State Street not buying Credit Suisse; Italy to expire bad loan scheme
And China gives the first nod to revive Ant IPO.
From Reuters:
Financial services and bank holding company State Street has denied reports that it is looking to buy Credit Suisse.
KASIKORNBANK’s stake buy of PT Bank Maspion unlikely to dent strength: Fitch
Thai banks are on an expansion spree overseas amidst weak chances domestically.
Singapore establishes framework to push for high quality green bonds
A committee will oversee the Singapore Green Bond Framework.
SG-based loan platform Capital C Corporation bags $53.72m in fresh funds
The firm was founded by brothers Jeames Cheow and JJohn Cheow in 2011.
MUFG closes HK$1.35b dual currency green term loan for Xinyi Glass Holdings
The three-year syndicated loan was 2.25 times oversubscribed.
Citi joins the Alliance for Green Commercial Banks in Asia
HKMA and the IFC jointly launched the Asia chapter of the alliance in 2020.
Dah Sing Bank reopens Ocean Walk Branch
The branch was closed earlier this week.
OCBC appoints first-ever head of Group Data Office
MacDonald led the creation of the bank’s dedicated AI unit in 2018.
Taiwan banks ordered to take measures to safeguard elderly customers
Regulator urges banks to treat elderly customers fairly and reasonably.
HSBC names Jeffrey Yap as head of investments and wealth solutions for SEA
Yap has served as interim head since November last year.
Standard Chartered launches sustainable account solution for SG corporates
Corporates can allocate their surplus cash to support the net zero agenda.
Hong Kong’s Dah Sing Bank temporarily closes Ocean Walk Branch
Staff members will be tested for COVID.
Commentary
The Asian connection: China's path to sustainable growth