Staff Reporter
United Overseas Bank hailed at ABF Retail Banking Awards 2024 for trailblazing performance
United Overseas Bank hailed at ABF Retail Banking Awards 2024 for trailblazing performance
Its strengthened franchise brings unrivalled regional perspective and reach to customers.
WeLab Bank disbursed HK$61.56m subsidies for HS Chau Foundation
The students come from 354 government and private secondary schools across the city.
IFC, HSBC team up to introduce $1b risk-sharing facility
It is part of IFC's Global Trade Liquidity Programme.
Mizuho lists Saudi Arabia ETF on Tokyo Stock Exchange
The ETF invests in the Saudi Arabian equity market.
Airwallex reports double-digit revenue, transaction growth for Q3
It expanded its startup and investment platforms in 2024.
South Korean industrial lending rises by $12.14b in Q3 2024
Lending for working capital rose by $2.16b (KRW 3.1t).
Principled AI key to transformation of financial services
Companies must be transparent and fair to maintain trust and mitigate reputational risks.
RCBC names Anthony Cariaso as deputy CEO
The Philippine bank announced a slew of leadership changes.
Bank of America’s CashPro app set to hit $1t in payment approvals
The platform is reportedly used by around 40,000 companies globally.
Chinese banks set up offices at Dubai International Financial Centre
About 8 banks from China now have locations in the financial centre.
ING names James Haines as Japan country manager
Haines was a general manager and deputy group head at Aozora Bank.
VCs invest $31.1b in fintech companies in 2024
Enterprise software companies and health companies got the most investments.
National Bank of Cambodia, Mastercard team up to launch Bakong Tourists App
Tourists can top up their account by linking it to their Mastercard.
Hong Kong central bank warns against unauthorized finance firm
The firm reportedly does not have authorization to take deposits.
7 in 10 Singaporeans financially struggle with partners: survey
Couples identified unexpected expenses as a leading cause of stress.
Vietnam, Cambodia to strengthen ties in central bank management
Both parties also reaffirmed their commitment to connect retail payments using QR codes.
SEA, Japanese banks vie for Panin Bank’s state: report
OCBC and CIMB are interested, whilst Maybank is exploring a potential bid, according to sources.
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1. SMBC appoints Joy Kwek to lead capital markets & solutions in APAC 2. DBS and UOB earnings to show impact of SORA, credit costs 3. HSBC’s Q2 results ‘solid’ despite BoCom loss and Hang Seng’s weak profits 4. NAB invests $55m to upgrade over 100 branches across Australia 5. Automation stalls hiring at Singapore’s top banksResource Center
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