Staff Reporter
Crypto and DeFi cannot circumvent Russia financial sanctions: MAS
Crypto and DeFi cannot circumvent Russia financial sanctions: MAS
The regulator said appropriate measures will be taken for FIs who will breach these sanctions.
India’s HDFC Bank merging with housing company HDFC
Post completion, HDFC Bank will be owned 100% by public shareholders.
CIMB Niaga, Sun Life Indonesia deepen bancassurance partnership
Sun Life will provide insurance solutions to CIMB Niaga’s customers through all channels.
Four in five Singaporean Gen Z have tried to go fully cashless: Visa
And 6 in 10 SG consumers tried to go cashless in bills payment.
Korean online banks’ loans up 8% in Q1
Newly-launched Toss Bank extended the most loans.
Fintech Pace launches BNPL payment card in Singapore
Consumers can use the card for online purchases with Pace merchants.
Tonik hires former Google and Facebook exec
He will take on the role of Chief People Officer.
Supporting multinationals to uncover ambitions in Asia
Citi views sustainable financing as both a mandate and an opportunity to partner clients in their ESG journey.
RHB appoints Mohd Rashid Mohamad as new group CEO
He formerly served as managing director of group wholesale banking.
Axis Bank’s Citi purchase to improve profits long-term: S&P
Positive effects will only be felt starting fiscal year 2025 and onwards.
MAS, BIS develop prototype supervisory analytics platform
Project Ellipse aims to identify potential risks to individual banks and the banking system.
Axis Bank to buy Citi’s Indian consumer business for $1.6b
Axis Bank expects to gain more or less 3 million customers.
Taiwan bad loans increased to $2.24b in February
The regulator says the asset quality of domestic banks remain ‘manageable’
China’s largest banks resilient to negative shocks in 2022: Natixis
Government stimulus is expected to support loan growth throughout the year.
Bank of China shifts attention back to mainland for growth: S&P
Traction from its wealth management business will support profits.
Malaysia’s Islamic banks headed for more growth: Moody’s
Government support pushes the sector to an upward trajectory.
Weekly Global News Wrap: Britain to unveil crypto regulations; Deutsche Bank CFO now co-deputy CEO
And HSBC steps up scrutiny of Russian clients amidst sanctions.
Thought Leadership Centre
Most Read
1. Mizuho to acquire majority of Upsider’s shares for $309.8m 2. Singapore launches electronic deferred payments to ease cheque phase-out 3. NAB invests $55m to upgrade over 100 branches across Australia 4. Airwallex gains capital markets services license in Singapore 5. SMBC appoints Joy Kwek to lead capital markets & solutions in APACResource Center
Read Here
Advertise
Sign Up
Event News
The digital bank was recognised as the Digital Bank of the Year - Hong Kong at the Asian Banking & Finance Retail Banking Awards 2025.
Commentary
What kids without wallets can teach us about the future of finance
What is best practice when setting up an in-house bank?
How technology and regulation are reshaping the lending landscape
Protecting against the mobile Trojan horse in your pocket
Beyond the code: How mobile banking is weaving a new financial narrative in Asia