Staff Reporter
Citi names new Asia cluster heads
Citi names new Asia cluster heads
Singapore Citi Country Officer Gupte is now head of South Asia & ASEAN.
DBS grants A$295m green loan to GIC
It is DBS’s first AUD-denominated green loan.
BigPay unveils cash pickup for remittances to the Philippines, Indonesia
It boasts over 14,000 pickup locations across the two countries.
livi bank, Mastercard offer private film screening at the CORONET
Each booking entitles users to a 20% cash back and a bottle of Prosecco.
Japan fintech investments fall to five-year low in Q1
There were only eight investment transactions during the quarter.
CIMB Islamic, StanChart Saadia enter US$227m Collateralised Commodity Murabahah transaction
Proceeds will be used for SDG-compliant projects.
UBS, Credit Suisse’s wealth ambitions in Asia besieged by deleveraging
Both banks posted dismal wealth results in Q1.
Monetary tightening tests Australia’s residential mortgage-backed security market
Rising interest rates will put pressure on arrears, said S&P.
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.
Commentary
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Beyond the code: How mobile banking is weaving a new financial narrative in Asia