Frances Gagua
Mizuho Bank charged $6.75b negative interest rate by BOJ
Mizuho Bank charged $6.75b negative interest rate by BOJ
This is the first time in 7 months that a megabank was charged.
MUFG Bank launches branch in India’s GIFT City
The bank now has six branches throughout India.
UnionBank transforms wealth digital platform with Avaloq
It will standardize the front, middle, and back office of UnionBank’s wealth mgmt functions.
WeChat Pay now available as payment method in Deliveroo Hong Kong
New users are entitled to an HK$50 voucher for single purchases of HK$100 or more.
DBS appoints Dennis Lam as CEO of DBS Vickers Hong Kong
He was former the deputy head of research in DBS Hong Kong.
Australia’s mortgage delinquency rate to rise in coming quarters
It is beset with the same issues as of its peers: inflation and interest rates.
How can real-time personalisation drive your CX strategy?
Digitalisation shouldn’t just be limited to processing automation – it can significantly improve customer experience.
Citi names Aveline San as CEO of Hong Kong and Macau
San joined Citi in April 2019.
Weekly Global News Wrap: Credit Suisse China beset with senior staff exodus; Israel’s Bank Hapoalim optimistic with interest rate rise
And Tencent’s NFT platform to stop selling new NFTs.
Bengalaru remains India’s fintech leader
WealthTech captured most of the seed funding; Marketplace Lending unlikely to rebound.
Recovering business activity props up Thai banks’ revenues
Credit costs will remain elevated in the long-term, however.
Malaysia’s card payment market value to grow 15.2% in 2022
A perfect storm for card adoption is brewing in the country.
China’s new bank loans plummet in July amidst COVID fare-ups, property jitters
Analyst warned that new lending may continue to disappoint in the near term.
Property woes, unemployment threaten structure letting Chinese banks offload bad loans
NPL securitisations allows banks to sell NPLs to a vehicle.
Dah Sing Bank temporarily closes its Maritime Square Branch
It will reopen in 13 August.
Grab unveils US$1m GrabScholar programme, new GrabMerchant Centre
The superapp aims to support small businesses and upskill the future workforce.
BOC HK, BOC Life launch green savings insurance plan
It offers up to a 3% annualised guaranteed rate of return at policy maturity.
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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. The Asian connection: China's path to sustainable growthResource Center
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The Asian connection: China's path to sustainable growth