Frances Gagua
Enterprise Agility: How Digital Banks Can Stand Out from the Crowd
Enterprise Agility: How Digital Banks Can Stand Out from the Crowd
Although digital banks have captivated financial institutions and end-customers alike, the concept often means different things to different people.
MUFG appoints June Raj as managing director for APAC Aviation
She is tasked with growing the bank’s aviation financing portfolio in Asia Pacific.
Citi appoints Angel Ng as head of APAC Global Wealth Management
She takes over from co-heads Fabio Fontainha and Steven Lo.
Return of tourism sparks further recovery of Australia's card payments market
Resumption of travel and tourism will help push card use.
South Korean banks to ease lending criteria in Q2: report
The incoming new president had emphasized need to ease lending rules.
Citi launches its Sustainable Trade and Working Capital Loans solution
It aims to give liquidity for international trade finance activities and other commercial activities.
Weekly Global News Wrap: Gender pay gap in UK banks at 32.1%; Spain mulls creating consumer protection authority
And over 200,000 globally apply for internships at Goldman Sachs.
India’s HDFC Bank merging with housing company HDFC
Post completion, HDFC Bank will be owned 100% by public shareholders.
CIMB Niaga, Sun Life Indonesia deepen bancassurance partnership
Sun Life will provide insurance solutions to CIMB Niaga’s customers through all channels.
Four in five Singaporean Gen Z have tried to go fully cashless: Visa
And 6 in 10 SG consumers tried to go cashless in bills payment.
Korean online banks’ loans up 8% in Q1
Newly-launched Toss Bank extended the most loans.
Fintech Pace launches BNPL payment card in Singapore
Consumers can use the card for online purchases with Pace merchants.
Supporting multinationals to uncover ambitions in Asia
Citi views sustainable financing as both a mandate and an opportunity to partner clients in their ESG journey.
Axis Bank’s Citi purchase to improve profits long-term: S&P
Positive effects will only be felt starting fiscal year 2025 and onwards.
MAS, BIS develop prototype supervisory analytics platform
Project Ellipse aims to identify potential risks to individual banks and the banking system.
Axis Bank to buy Citi’s Indian consumer business for $1.6b
Axis Bank expects to gain more or less 3 million customers.
China’s largest banks resilient to negative shocks in 2022: Natixis
Government stimulus is expected to support loan growth throughout the year.
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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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Cards & Payments
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