Staff Reporter
Citi Commercial Bank targets mid-sized corporates in Japan
Citi Commercial Bank targets mid-sized corporates in Japan
This follows CCB’s expansion in France and Ireland in 2023.
Evergreen Group obtains financing license to expand in Malaysia
With the license, the company can fund affordable housing for civil servants.
DBS targets $370b in wealth assets by 2026
DBS saw a 23% increase in wealth assets in 2023.
Citi appoints new sales head for key Asian markets
She previously worked at Bank of America and JPMorgan.
Natixis CIB appoints new APAC equity derivatives head
Arnaud Davoust will report to Eric Elbaz.
MAS and BIS launch blueprint for climate risk data platform
The platform integrates regulatory and climate data from corporate disclosure documents.
UOB and EnterpriseSG launch sustainability-linked financing programme for SMEs
The programme will help SMEs reduce sustainability-linked costs by 85%.
OCBC Ignite aims to double poly graduate intake
Only 3% of graduates join the financial sector full-time permanently.
Singapore’s big banks aim for 96% emissions cut by 2050
DBS, OCBC, and UOB have set S$200b loan portfolio emissions targets.
China's bank assets grow to $60.14t in Q1 2024
This grew by 8.1% on a year-on-year basis.
UOB Thailand ushers in new CEO
Richard Maloney will begin his role on 1 July.
Korean financial firms invest $42.1b in overseas real estate
This was an increase of $876m.
HSBC unveils new face for trade services with Global Trade Solutions
The bank outlined plans to give a safer, smoother digital trade experience.
Alipay+ and GHL enable cross-border payments in the Philippines
Mobile wallets include AlipayHK, KakaoPay, Touch ‘n Go, and Alipay.
Visa launches Subscription Manager service
It enables cardholders to view and stop recurring payments as needed.
Three Indian banks’ profitability to improve
However, their rising share of risky loans will weigh on asset quality.
Taiwan banks show stable asset quality
Fitch sees a favourable outlook for Taiwanese banks in the next 2 years.
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1. CIMB Philippines says fund transfer issue ‘resolved’ 2. UOB inks MOU with Accenture for AI adoption and application 3. Cambodia and Japan enable QR code payments between the two countries 4. Standard Chartered appoints Noelle Eder as group head of tech & operations 5. HSBC group chairman Mark Tucker announces retirementResource Center
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