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Natixis names William Xiong as new head of loan syndicate for 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%.
Sustainable fund inflows reach record high, but Asian firms register slowdown
Asia ex-Japan and China lost $22m of funding in Q4.
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.
RHB Singapore offers 4.28% interest for its 12-month fixed deposit
The promotional rate is available only at RHB’s refreshed Cecil Branch and Premier Centre.
Hong Kong’s card payments market to hit $106.7b in value by 2026
But rising interest rates and ongoing geopolitical tensions threaten growth.
Singapore banks to report flattish Q4 22 earnings amidst slow global growth
NIMs will rise but the expansion could decelerate due to higher funding costs.
Chart of the Week: India’s card payments market to reach $581.2b by 2026
The card payments market value grew 26.7% in 2022, according to estimates.
Weekly Global News Wrap: BNP Paribas vows to slash oil lending; Bank of America employees awarded restricted stock
And Barclays names ex-Credit Suisse dealmaker as head of investment banking.
China overseas loan commitments dwindle as firms adapt “small is beautiful” approach
Only 28 new loan commitments were recorded in 2020 and 2021.
Less than 10% of global energy financing went to renewables: study
Of the $2.5t funneled to energy firms, only $178b were for clean energy activities, the report said.
Korean banks’ bad loans ratio up 0.02ppt in November
Ratio reflects loans overdue by at least one month.
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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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