Frances Gagua
Singapore's MAS reprimands AIA FA, Prudential, Aviva FA & CEO for breach of rules
Singapore's MAS reprimands AIA FA, Prudential, Aviva FA & CEO for breach of rules
They failed to properly monitor individuals onboarded as advisors, directors.
Bank of Singapore appoints Paul Chua as global head of wealth planning
Chua spent 18 years with UBS Wealth Management prior to his new role.
Chart of the Week: South Korean card payments to grow 4.9% through 2024
Average frequency of use is 136.2 times in 2020, higher than in France, US, and UK.
Public Bank reassures COVID-hit loan customers it will continue to offer support
The bank has assisted over 160,000 customers affected by the pandemic.
Taiwanese bills finance companies to be unaffected by recent COVID surge: Fitch
The country’s economic resilience has eased BFCs’ operational pressures.
Hana Financial clinches prelim nod to set up asset manager in Singapore
The group said that its entry in Singapore is a springboard to expanding globally.
Hong Kong bankers to retain right to access corporate registry: report
A new government rule plans to tighten public access to company director’s personal info.
Standard Chartered grants first green banker’s guarantee in ASEAN
ENGIE is building an underground district cooling system for Singapore.
South Korea’s Hana Bank floats $600m in ESG bonds: report
It carries an annual interest rate of 1.25%.
Hong Kong’s consumer credit demand rebounds in Q1
Mortgages and credit card demand rose, whilst unsecured credit hit a historical low.
HSBC Singapore appoints new board directors
CEO Wong joins as executive director, and a retired EY partner also joins the board.
Why the hybrid work model is here to stay for banks
Banks stand to lose on cost savings and even on attracting talent if they stubbornly push for the return of pre-pandemic work set-up.
Balancing regulatory drivers and customer experience in financial institutions
The event will bring together experts from LexisNexis Risk Solutions and the city’s leading financial players.
India’s largest bank invests in payment services provider Cashfree
Cashfree processes $20b worth of transactions annually.
UNObank clinches Philippines’ third digital bank license
Parent DigibankASIA will work alongside partners Mambu, Backbase, and AWS in developing its services.
Maybank introduces two new designs for Family & Friends Card
New customers may choose between the original black, as well as the new lilac and silver designs.
HSBC plans to split leadership of Asia with two co-heads: report
Wong protege David Liao and India’s Surendra Rosha are rumored to become co-heads.
Thought Leadership Centre
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1. OCBC CEO Helen Wong to retire; Tan Teck Long named successor 2. Banks, insurers rethink app strategy to solve real user problems 3. OCBC Bank Hong Kong sets up team to support entrepreneurs 4. GXS Bank launches GXS Invest 5. Japan’s SMFG eyes $1.1b additional investment in India’s Yes Bank: reportResource Center
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Protecting against the mobile Trojan horse in your pocket
Beyond the code: How mobile banking is weaving a new financial narrative in Asia