Frances Gagua

Both branches will reopen on Saturday.

Its Shatin and Sha Tsui Road branches will reopen Friday, and Fortress Hill on Monday.

They have also been assigned to the bank’s RPT committee.

SMBC will introduce clients entering or expanding in Thailand to the EECO.

This comes as the share of cash payments is expected to fall further by 2025.

Sambamurthy has a 34-year career with Citi prior to his new role.

And HSBC’s UK unit plans to stop collecting gender data as part of inclusivity push.

The restructuring will only provide temporary relief, not solve the problem.

Bottom lines are expected to remain flat in the same year.

This highlights the need to tighten regulatory oversight of escrow accounts, Fitch said.

A declining installed base in China is pushing down the numbers.

Wielding this tool the right way is key to pushing and meeting ESG goals, says Experian’s Sisca Margaretta.

Bellino’s prior career spans two decades with EY and Goldman Sachs.

Singapore’s financial regulator expects to publish the draft framework in the coming months.

NPLs across the 39 domestic banks in the country totalled US$1.98b.   Taiwan banks’ average non-performing loans ratio stood at 0.16% in May, 0.05 percentage points lower than in the same month in 2021, according to data released by the Financial Supervisory Commission (FSC).   NPLs across the 39 domestic banks in Taiwan totalled US$1.98b (NT$57.58b), an increase of US$0.01b (NT$0.32b) from the $1.97b (NT$57.16b) as of end April.   Total outstanding loans across 39 domestic banks rose to $7.14b (NT$207.5b) during the same period.

And UBS appoints Iqbal Khan as head of its wealth management division.