Frances Gagua
Singapore unveils industry guidelines for sustainable private banking
Singapore unveils industry guidelines for sustainable private banking
The industry group sustainability taskforce has also developed a training benchmark.
How are superapps changing the digital banking landscape?
In the future, a one-stop-shop may just be the way to go for bank customers.
Weekly Global News Wrap: Higher capital req’s to curb lending, says Citi exec; Interest rates may hit over 4.5%
And France’s Orange exploring “all opportunities” amidst reports it's selling its bank arm.
MAS names Gillian Tan as new chief sustainability officer
Tan will lead the sustainability group for tighter coordination of MAS’ sustainability initiatives
Korean banks’ in solid position to weather strong US dollar
Expectation of strong government support and solid foreign currency liquidity will support banks.
Thai banks face shrinking margins, ballooning costs amidst economic woes: analyst
Thailand can’t rely on tourism to buoy reserves.
BNPL, digital wallets accelerates growth of e-commerce fraud: study
Global e-commerce fraud will exceed $48b in 2023, and 22% will be from Asia.
Expect faster credit, more government issuance in China through 2022: ING
Government spending should continue to increase in order to provide enough job stability.
Citi names Keith Lee as Hong Kong high net worth market manager
He has 25 years of experience in the financial industry.
Malaysia, Indonesia sukuk markets to slow in near-term: Fitch
Issuance in core markets, which include the two countries, fell 14.4% in Q3.
China new bank lending rise in September: report
Household loans rose to CNY650.3b in September.
HSBC Global Private Banking launches Chengdu, Hangzhou units
The newly established teams are comprised of relationship managers and investment counselors.
Does the future of banking lie in the metaverse?
Virtual reality may be the answer to more digitally optimized financial services that does not sacrifice personalisation.
Citi TTS to launch 24/7 USD clearing service in Q4
Clients can make USD payments globally 24/7, even during holidays.
Standard Chartered unveils digital trade portal Trade Track-It
Customers can track vessels and check sustainability compliance.
Bank of China HK warns of fake website
It has already been reported to the HKMA and the local police force.
Sumitomo Mitsui securities unit suspended from block trading for 3 months
SMBC Nikko employees were suspected of conducting illegal stabilization transactions.
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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. Citi names Goldman Sachs banker as head of markets solutions in Asia South & North 5. UOB inks MOU with Accenture for AI adoption and applicationResource Center
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The Asian connection: China's path to sustainable growth