Staff Reporter
ANZ to lay off 3,500 staff, reduce services contractors engagement
ANZ to lay off 3,500 staff, reduce services contractors engagement
It expects a restructuring charge of $560m before tax in H2 2025.
Top companies are looking for top talent — they’re looking for CTPs
What if there was one credential you could get that would be recognized worldwide and set you apart from your peers? In today’s environment, companies are looking for proven professionals. They are looking for CTPs.
New Zealand seeks feedback on liquidity framework and new CLF
It proposes changes for open market operations, such as reducing the max tenor.
CZBank Shanghai, XTransfer ink agreement for cross-border finance
The two will jointly offer cash management services to Chinese foreign trade enterprises.
Taiwan’s outstanding loans and bad loans inch up in July
The NPL ratio rose by 0.01 percentage points
Australia’s ASIC inks MOU with India to enhance cooperation arrangements
They aim to facilitate mutual assistance and information sharing, amongst others.
SCB EASY app adjusts maximum daily transaction limit
Transactions included are transfers to other SCB accounts, accounts to other banks, etc.
Malaysian banks to sustain profits despite slower loan growth
S&P expects loan growth to slow to 4%-5% over the next two years.
CIMB names new growth markets, Singapore unit chief
Victor Lee Meng Teck has resigned and will be on “gardening leave.”
India’s Bank of Baroda teams up with SIDBI to back MSE sustainability
It is part of the bank’s efforts to foster a greener and more sustainable future.
ING expands eFX capabilities, sets up regional trading hub in Singapore
It is investing in advanced algorithm capabilities and direct API integration.
Societe Generale names Alvaro Huete as country head for Singapore and SEA
Alvaro will oversee the bank’s GBIS business.
SeaBank Philippines rebrands name to MariBank Philippines
Both the central bank and local SEC have granted approval for the corporate name change.
NAB names Kanishka Raja as CEO of Ubank
Raja has held leadership roles in Ubank for the past four years.
Philippine banks’ loans up 11.8% in July
This extends the growth in June, albeit at a slower pace, official data showed.
Philippine regulators propose enhancing NBFI monitoring framework
The council noted increasing interconnectedness of NBFIs with the financing system.
South Korean depository corporations raise industrial lending by 2.7% in Q2
Lending for working capital and facilities investment rose during the quarter.
Commentary
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