Frances Gagua
Japan’s new PM a positive for banks’ earnings outlook: Jefferies
Japan’s new PM a positive for banks’ earnings outlook: Jefferies
Banks’ credit costs are expected to undershoot their guidance.
Banks welcome launch of Wealth Management Connect in Guangdong-Hong Kong-GBA
BEA highlights hiring plans, whilst Citi says it will offer 100 types of wealth products under WM Connect.
Large, mid-sized Chinese banks’ capital pressures easing: Fitch
Stress test shows NPL ratio likely to rise, but not to levels PBOC expects, the ratings agency said.
Wider use of CBDCs for cross-border settlements dents banks’ fee income
Lenders will have to reduce cross-border fees once CBDCs become more mainstream.
DBS rolls out self-managed card payment control features
Users will be able to set spending limits and block cards, amongst other features.
Weekly Global News Wrap: Americans miss BNPL payments; Wells Fargo fined $250m
And Mastercard bets on crypto with acquisition of CipherTrace.
China’s anti-graft agency investigates China Development Bank VP: report
He Xingxiang is suspected for “severe discipline and law violations.”
Australia’s top banks won’t do business with crypto firms: report
Two local digital currency exchanges said that none of the top four banks would do business with them.
Indonesia’s Bank Neo Commerce teams up with Qualtrics to improve digital banking experience
It will make use of Qualtrics services to personalize its banking journey.
MAS forms sustainability group to drive green finance agenda
Former chief sustainability officer of Thai Union Group is the head of MAS' new group.
Bank of East Asia warns of fake website
Customers who used the site are advised to report their cases to the police.
Standard Chartered, NTUC’s BetaPlus for JV to launch Singapore digital-only bank
They will contribute S$144m and S$96m, respectively, in the joint venture.
Loan forbearance extension clouds Indonesian banks’ asset quality for longer
The extension is a positive for their asset quality and profits, but credit costs will remain elevated.
Citi unveils help desk to help Chinese emerging companies expand in Singapore
Clients will be able to access advice about local operating and regulatory environments, amongst others.
Binance to cease select Singapore services
It will be removing its app from the Singapore iOS and Google Play Store.
Citi boosts Asia ECM team with new hires
A couple of former JP Morgan bankers are joining the global bank’s ECM crew in Asia.
CIMB Niaga, JCB launch contactless credit card In Indonesia
Transactions below $70 (IDR1m) do not require customers to enter a pin.
Thought Leadership Centre
In Association with
Most Read
1. Revolut Singapore hits first year of net profitability in 2024 2. CIMB Philippines says fund transfer issue ‘resolved’ 3. Bank of America appoints Phil Carmalt as head of APAC GPS 4. HSBC Singapore unveils wealth centre at The Star Vista mall 5. Citi names Goldman Sachs banker as head of markets solutions in Asia South & NorthResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Event News
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