Frances Gagua
Citi Hong Kong launches program for women seeking work after career break
Citi Hong Kong launches program for women seeking work after career break
Successful candidates will be placed in a range of roles based on experience and skill set.
Barclays appoints Hossein Zaimi as head of markets APAC
He spent 17 years in HSBC prior to joining Barclays.
Payments platform YouTrip unveils YouBiz offering zero FX fees and unli cashback
YouBiz is also launching a credit facility offering flexible financing to SMEs.
Standard Chartered opens US$40m Greater Bay Area Centre in Guangzhou
More than 700 employees are now based in the GBA Centre.
DBS, Shenzhen Rural Commercial Bank to offer Wealth Mgmt Connect Southbound services
DBS Hong Kong said that 80% of WMC Southbound service clients are new customers.
Alternative payments disrupt Philippines’ e-commerce payment market
GCash is king in the country.
Airwallex rolls out virtual borderless card in Singapore
Businesses will be able to transact in more than 140 currencies and wherever Visa is accepted.
Malaysia grants five digital bank licenses
Two will be Islamic digital banks.
HSBC unveils Well+, incorporates banking and insurance in one platform
Customers can earn rewards of up to $2,000.
RHB, Boost secure Malaysian digital bank license
Boost will own 60% of the digital bank whilst RHB will own 40%.
DBS, Xero simplifies SMEs loan application with data-sharing partnership
Xero customers now has the option of sharing their transaction records to DBS.
Singapore banks report lower earnings in unison
DBS, OCBC, and UOB all saw their profits fall 10% year-on-year.
South Korean banks’ interest rates rise to eight year-high: report
The rising rates have spawned worries in households' repayment abilities.
UOB profits down 11% to S$906m in Q1 amidst market volatility
Loan fees grew, but credit card and wealth fees recorded declines.
OCBC reports S$1.36b net profit in Q1
Profits were 10% lower than last year, but 39% higher than Q4 2021.
DBS posts US$1.3b net profit in Q1, second-highest on record
Wealth and investment banking fees were lower after 2021’s exceptional year.
Sumitomo Mitsui appoints former J.P Morgan banker as head of M&A advisory of SFDA
The newly created role sees Chirolli leading SMBC’s M&A advisory efforts in Asia.
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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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Compliance and legacy systems stall B2B payment shift
Retail drives digital payments as B2B adoption lags.
Commentary
The Asian connection: China's path to sustainable growth