Frances Gagua

Yen has depreciated by up to 30% so far, offering great opportunities for clients to invest.

Lee Bok-hyun said the FSS is looking for ways to encourage lenders to diversify income streams.

WealthTechs are breaking down barriers to entry by fractionalising costs of assets, analysts said.

The past few years has seen embedded finance proliferating in the APAC region, with digital technology lowering not just the costs of financial services but also their access barriers.

It is expected to have minimal impact on local banks’ capital position.

This is in connection with Hangke’s $172.85m IPO of tis GDRs.

This was reportedly thanks to higher income and lower loan loss allowances.

Improving regional economic activities and lower net impairment losses led to the growth.

Bao Fan was first reported missing on 16 February.

Rising consumer spending will rally the market to extend 2022’s growth.

Hong Kong is aiming to attract 200 family offices to set up shop in the city by 2025.

And Europe bank stocks could still rally higher, analysts said.

Full-year dividend is at 68 cents per share, 28% higher than in 2021.

UPI registered a 75.9% growth in 2022.

The bank aims to increase its international business income to 4% of its total net income.

The bank has announced a fourth interim dividend of HK$2 per share.