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.
MUFG names two new heads in global corporate, investment banking APAC unit
Both Campbell and Sivarajah will be based in Singapore.
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.
South Korea financial system face short-term crisis risk as inflation ramps up: poll
One in four experts warned of possible shocks.
Bank Raya offers instant bailout funds for faster small loan disbursements
Borrowers can access up to US$1,700 in loans.
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.