Frances Gagua
1 in 4 retired investors interested in digital wealth management services: study
1 in 4 retired investors interested in digital wealth management services: study
Wealth managers are called to ramp up digital services for retired investors.
DBS CEO Piyush Gupta’s salary up 47.8% to S$13.57m in 2021
His cash bonus jumped 51% in 2021 compared to the previous year.
Australian mortgage market to 'hold steady' in 2022
Economic recovery will support performance and hold delinquencies steady.
Dah Sing Bank reopens four branches
They are open on weekdays.
DBS forges on with net-zero goals in 2022
It is transforming its data centres and server rooms into carbon-neutral assets.
Weekly Global News Wrap: Citi’s commercial business to hire 900 staff; Russian payments pivot to China amidst sanctions
And global financial conditions are expected to tighten further over the coming years.
Gov't support, high vax rates buoy Korean banks’ asset qualities: Fitch
But increased competition in lending may give rise to risks in the long-term.
Cryptocurrency in Hong Kong – Regulated or Not
With the second-highest engagement after the United States, Hong Kong continues to be a significant market for cryptocurrency.
DBS establishes Board Sustainability Committee
It will be chaired by CEO Piyush Gupta and will consist of DBS board members.
Chinese banks seek workarounds amidst sanctions against Russia: report
Top banks reportedly mull passing some of their business to small domestic-focused peers to avoid secondary sanctions.
Singapore’s financial institutions on the lookout for risks arising from Russia
Local FIs are reportedly taking appropriate measures to manage risks, says MAS.
DBS Hong Kong suspends counter services in 14 branches
All branches will be closed every Saturday.
Could China’s financial infrastructure play 'white knight' to embattled Russia?
Any move to play saviour could also damage China, warns Natixis.
Over 2 in 5 Citi Asia women bankers in senior roles
In Taiwan, 60% of its female employees are AVPs and MDs, according to Citi.
Could Bakong pave the way for digital currency in Cambodia?
Similar to its namesake, the platform is now the backbone of the country’s digital payments system.
Commonwealth Bank of Australia sells 10% stake at Bank of Hangzhou for $1.3b
CBA has agreed to maintain a 5.57% shareholding in the bank until Feb 2025.
Standard Chartered India appoints Saurabh Jain as new WM head
Jain first joined Standard Chartered in 2019 as CEO of its Indian securities business.
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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