Frances Gagua
Hang Seng Bank, Chubb enter exclusive 15-year distribution agreement
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.
Banks lagging behind net zero energy goals
Only 7% of energy-related financing extended by banks between 2016 to 2022 went to green energy projects.
Singapore reaffirms creditor hierarchy following Credit Suisse AT1 wipeout
Equity holders will absorb losses before AT1 and Tier 2 bondholders, MAS said.
Credit Suisse’s AT1 debt write down to raise market prices for new issuances
This could hamper issuance of new AT1 in the future.
Standard Chartered’s Straight2Bank launches working capital, loan services
Clients can initiate and approve new loan drawdowns and rollover requests.