Frances Gagua
CIMB Islamic, StanChart Saadia enter US$227m Collateralised Commodity Murabahah transaction
CIMB Islamic, StanChart Saadia enter US$227m Collateralised Commodity Murabahah transaction
Proceeds will be used for SDG-compliant projects.
Why LINE Bank chose Indonesia as its third home
After successful launches in Thailand and Taiwan, LINE is going steady in Indonesia.
UBS, Credit Suisse’s wealth ambitions in Asia besieged by deleveraging
Both banks posted dismal wealth results in Q1.
Monetary tightening tests Australia’s residential mortgage-backed security market
Rising interest rates will put pressure on arrears, said S&P.
Will your next wealth relationship manager be a machine?
Technology-based investment solutions can crunch numbers faster than any human, are less prone to emotion-driven decisions and they never sleep. And in many cases, they don’t charge as much as their human competition.
Online card and wallet acquiring now available in Spring by Citi platform
Spring by Citi integrates online payment methods with back-office treasury management systems.
DBS adds carbon calculator in LiveBetter platform
Users can also now access a curated portfolio of carbon projects to help reach offset goals.
Does geopolitics heighten risks of an East-West divide in the financial industry?
HSBC’s potential Asia split may signal that decoupling between the West and China is growing.
Indonesia's PermataBank names new president director
Rusli has worked for international institutions, including Goldman Sachs and Accenture.
Real estate woes threaten Chinese banks’ profits: Natixis
Bad loans are growing whilst new regulations' effects are yet to reflect.
Alternative payments dominate Asia as credit card use dwindles
BNPL may not be the plastic killer everyone touts it to be, but it's attracting underserved customers.
Weekly Global News Wrap: State Street not buying Credit Suisse; Italy to expire bad loan scheme
And China gives the first nod to revive Ant IPO.
From Reuters:
Financial services and bank holding company State Street has denied reports that it is looking to buy Credit Suisse.
KASIKORNBANK’s stake buy of PT Bank Maspion unlikely to dent strength: Fitch
Thai banks are on an expansion spree overseas amidst weak chances domestically.
MUFG closes HK$1.35b dual currency green term loan for Xinyi Glass Holdings
The three-year syndicated loan was 2.25 times oversubscribed.
Citi joins the Alliance for Green Commercial Banks in Asia
HKMA and the IFC jointly launched the Asia chapter of the alliance in 2020.
Dah Sing Bank reopens Ocean Walk Branch
The branch was closed earlier this week.
Commentary
The Asian connection: China's path to sustainable growth