Frances Gagua

Bendigo and Adelaide Bank warns of impersonation scams

Criminals pose as bank brands to phish money and banking information.

Citi Securities Services launched FIX API connectivity in ETF platform

This comes at just the right time with the ETF industry's impending move to T+1.

Hong Kong mulls raising deposit protection limit to HK$800,000

The raise is 60% higher than the previous protection limit of half a million dollars.

Korean financial regulator vows to fight contagion risks from property financing: report

Lee called these real estate PF risks a “detonator” of the South Korean economy.

National Australia Bank appoints Andrew Irvine as new group CEO

He will also become NAB’s managing director, beginning 2 April.

DBS CEO Piyush Gupta takes S$4.14m variable pay cut for tech disruptions

The group management committee’s compensation was reduced by 21%.

DBS proposes bonus share issue for shareholders

The bank plans to give one bonus share for every 10 ordinary shared held.

Citi names Cristina Chang as head of markets for Australia, New Zealand

Chang will retain her role as head of asset backed financing.

SMFG profits up 3.5% to $5.3b

An earnings per share of approximately $4 has been announced for the period.

SG AI fintechs score funding wins amidst fintech investment downturn

This bucked the global trend, where AI fintechs overall clinched less investments.

PH central bank optimistic it’ll achieve digital payment targets

The country aimed to have 50% of all retail payments be digital by end-2023.

India’s Paytm meets with central bank following suspension of deposits: report

Paytm is reportedly seeking to extend the RBI’s 29 February deadline, a source said.

Thai banks’ credit costs rise as tech difficulties, bad loans pile up

Despite their targets to decrease costs, three banks saw them rise instead.

Commercial property woes weigh on Hong Kong banks

But receding risks in mainland China properties will help offset impact, says Fitch.