Staff Reporter
Grab unveils new financial brand GrabFin
Grab unveils new financial brand GrabFin
It also rolled out its investment product, Earn+, with a projected yield of up to 2.5% per annum.
Foreign banks in South Korea see earnings fall in 2021
Fee and commission income shrank by over 230% during the fiscal year.
Citi Australia appoints Mark England as new head of securities services
England is currently APAC co-head of sales for Citi Securities Services.
Liechtenstein’s VP Bank scales up Asian operations with new hires
The bank has appointed Johnny Heng as head of its Singapore branch.
Philippine-based Netbank launches all-in-one financial app for overseas workers
Filipino foreign workers can remit and send money to the Philippines at a lower cost.
Lockdowns threaten Chinese banks' loan quality: analyst
Exposure to the ‘vulnerable’ engineering & construction sector could deteriorate asset quality.
Chart of the Week: Mobile wallet payments pick up pace in South Korea
High smartphone and internet use drive its use.
APAC card market to grow 13.7% in 2022
China remains king of the credit and charge card market in the region.
Mizuho taps Deloitte partner as new exec, deputy compliance officer
The appointments are effective 1 June.
Singapore fintech talents record 2nd highest turnover rate globally: study
Beyond attractive compensation, fintechs should also emphasise wellbeing, flexiwork.
Mastercard forms Greater China Division
Greater China Division President Dennis Chang will serve as its head.
Citi Global Wealth appoints new COO
Valderrabano worked with Coca-Cola prior to joining Citi.
Outseer holds roundtable to stop fraud right at the doorsteps
The roundtable will discuss various measures to counter cyberthreats and fraud risks.
Malaysia’s new digital banks fated to remain niche in medium term
Regulatory limits and competition make it unlikely to break into the mainstream until 2026.
Thailand bank loans up 6.9% in Q1
Corporate loans continue to grow whilst consumer loans slowed amidst the Omicron outbreak.
DBS to launch 5 partnerships to enhance SMEs’ digital supply chain capabilities
SMEs from Singapore, Hong Kong, China, Indonesia, and India will benefit.
Weekly Global News Wrap: Deutsche Bank not financing $3.5b Africa oil pipeline; Berkshire Hathaway bets $2.9b on Citi
And Goldman Sachs reach a $79.5m shareholder settlement over 1MDB fiasco.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
