Frances Gagua

CIMB Singapore rebrands Change Alley Mall to CIMB Plaza

CIMB Singapore rebrands Change Alley Mall to CIMB Plaza

The bank’s new centre has been refurbished with lounges for affluent banking clients.

Why The Crypto Winter Might Mean A Better Future for Crypto

By Sumit Kumar, Managing Director and Partner, Boston Consulting Group

Japan megabanks’ bad loans edge up to highest in six years

Billion-dollar exposures to Russia contributed to the negative outlook.

MUFG Bank names ex-Indonesia country head as new Regional Exec for APAC

Daisuke Ejima was country head of Indonesia prior to his new role.

How Citi’s hiring spree sets into motion its $150b new AUM goal by 2025

The bank looks to hire 1,500 new employees in Singapore alone and triple AUM.

Bank of East Asia reduce emissions by 15%, increase green loans five-fold in 2021

The bank also donated millions to support flood relief efforts.

MAS to explore digital assets use cases with Project Guardian

The first pilot sees DBS, JP Morgan, and Marketnode explore lending on a public blockchain.

Public Bank net profits down 8.6% in Q1 as one-off tax bites

The operating environment remains challenging, the bank’s founder said.

Maybank adopts cautious outlook amidst geopolitical tensions, volatility

The Malaysia lender saw its Q1 profits fall compared to the same period last year.

Asia’s Top 20 banks by revenue bounce back in 2021

But the recovery may not be sustained in 2022 as constraints pile up.

MAS slaps S$330m add'l capital requirement at OCBC after phishing fiasco

The review found deficiencies in the bank’s risk mitigation and incident management.

EastWest Bank to appoint new CEO, President

New CEO is current strategy consultant for the bank’s parent company Filinvest.

Over 17 million Koreans use online financial services daily: central bank

Two in three Korean respondents use mobile financial services.

OCBC invests S$25m to reduce carbon footprint in operations

The bank plans to retrofit its buildings with solar panels.