Frances Gagua
Citi makes new appointments to Treasury and Trade business
Citi makes new appointments to Treasury and Trade business
This follows the ASEAN appointments from earlier this week.
Citi names Rajak Madhok as global head of Citi Commercial Bank credit risk
Madhok will relocate to New York.
Weekly Global News Wrap: UBS appoints Sergio Ermotti as group CEO; French authorities search banks on suspicion of fiscal fraud
And a top US regulator said Silicon Valley Bank did a terrible job of managing risk.
HSBC launches AI-driven structured product for private banking clients in Asia
The portfolio is rebalanced weekly.
Hang Seng Bank, Chubb enter exclusive 15-year distribution agreement
Chubb will offer Hang Seng banking customers general insurance products and solutions.
Citi makes two key appoints for markets, TTS business
Vandana Bhatter and Anoushka Dua have been named in key ASEAN leadership roles.
Did digital banks fail to disrupt?
Most became niche players, yet served their regulatory purpose, said McKinsey associate partner Hernán Gerson.
Technology Revolutionizes Capital Markets Platforms in Japan
The focus for financial and capital markets have shifted to a balancing act of monetary tightening to lower inflation without tipping into recession.
Standard Chartered arranged $89.6m green loan for Vista Shipping
The funds will be used to buy two LNG-dual fuelled vessels.
Hong Kong’s Fusion Bank launches investment services
They can use the services for a subscription fee of as low as HK$10 or US$1.
Cambodia inks MOUs with Solomon Islands, Fiji for payments innovation
The MOU will see the three countries cooperate in financial innovation.
Project Nexus successfully links Eurosystem, Malaysia, Singapore’s payment systems
For the next phase, Indonesia, Thailand, and the Philippines will link their payment systems with Singapore and Malaysia.
OCBC has disbursed S$3.5b under Eco-Care Loans
Two thirds of Eco-Care Home Loan customers live in HDBs.
HSBC GPB appoints Henry Lam as APAC head of wealth planning and advisory
Lam joins from Credit Suisse.
Bank of China HK’s prime, savings deposit rate unchanged
Those with a daily account balance of HK$1m or above will get a bonus 0.001% bonus rate.
UOB CEO Wee Ee Cheong earned S$14.23m in 2023
His base salary remained the same.
US, Europe banking fiascos have little effect on Australian banks: analyst
They have different business models from banks in US and Europe.
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1. Revolut Singapore hits first year of net profitability in 2024 2. CIMB Philippines says fund transfer issue ‘resolved’ 3. HSBC Singapore unveils wealth centre at The Star Vista mall 4. UOB inks MOU with Accenture for AI adoption and application 5. Citi names Goldman Sachs banker as head of markets solutions in Asia South & NorthResource Center
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