Frances Gagua
PH’s Sarangani Rural Bank ex-officers charged for breaking banking law
PH’s Sarangani Rural Bank ex-officers charged for breaking banking law
They have been sentenced to 5 years’ imprisonment and fined up to $877 each.
MAS unveils responses for proposed regulation of DPT service providers
Regulations are expected to take effect in phases beginning mid-2024.
The resilience and growth of Islamic Banking in Bangladesh
Islamic banking has played a pivotal role in creating employment opportunities for the 120 million individuals in Bangladesh.
Swiss Fintech Rides High with Fresh Strengths – Time for Onshore Collaboration?
In economic & business cycles, asset prices gyrate from time-to-time. Many fresh opportunities also emerge from these cycles.
Hong Kong’s ZA Bank to roll out US stock trading services
The Hong Kong SFC has lifted previous conditions to the bank's securities license.
Maybank profits up 21% to $1.48b in 9M 2023
Profit before tax is up 14.4% in the first nine months of the year.
Kasikornbank increases stake in Indonesia’s Bank Maspion to 84.55%
The Thai bank is injecting an additional US$226m in Bank Maspion.
Weekly Global News Wrap: State-owned Russian bank files lawsuit against JP Morgan; Morgan Stanely names new wealth management head
And minority- and women- owned investment banks are making small waves in Wall Street.
CIMB Singapore announces 2.88% interest rate for CIMB BusinessGo
There are no minimum fall-below fees until 31 January 2024.
Citi names new senior leaders for Asian banking clusters
Leadership changes abound for its investment banking and corporate banking businesses.
Thai banks’ profits improve in Q3, but bad loans also rose
Authorities to monitor debt serviceability of SMEs and households.
Digital loan platform Lendela secures $5m in funding round
Chocolate Ventures and Cocoon Capital led the round.
GBA’s financial services industry more ‘bullish’ for future prospects: PwC
Tech advancements are paving the way to new opportunities for cross-industry servicing.
UOB, Visa, SG fintech Doxa to facilitate quicker payments for contractors
JTC and Kimly have joined the trials in the Doxa Connex platform to simulate payments.
Mastercard can commence domestic bankcard clearing activity in China
This follows after authorities first approved Mastercard NUCC’s application in 2020.
Bank of China HK disables screen capture, recording on Android apps
This was due to a rise of malware scams.
Maybank opens Islamic wealth management hub in Singapore
It will offer end-to-end Islamic wealth solutions.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
