Frances Gagua
HSBC appoints Annie Lim as GPB desk head for Singapore
HSBC appoints Annie Lim as GPB desk head for Singapore
Lim joins from Lombard Odier and spent 11 years with Credit Suisse.
Australia’s ANZ appoints HSBC wealth head as next CEO
Nuno Matos will receive $2.5m fixed remuneration per annum and will relocate to Melbourne.
Banks to face trade tensions, tariff-linked policy shifts, and property woes in 2025
The still-high interest rates might push banks’ credit losses to increase by 7% in 2025.
China, Philippine banks most impacted with rate cuts: Fitch
Their net interest margins are likely to decline until fiscal year 2026.
SCB’s Mae Manee app temporarily available on Dec 13-14
It will be down from December 13, 11PM to December 14, 5AM
Ant International joins SWIFT program exploring cross-border treasury mgmt
The program explores business scenarios on cross-border end-to-end transactions.
Bank of East Asia foresees ‘moderate’ economic growth in Hong Kong for 2025
Home prices are slated to recover by around 5% in 2025, BEA’s chief economist said.
Visa inks MOU with Vietnam's FPT to modernize public services
They aim to expand access to finance by equipping SMEs with business credit cards.
PH central bank completes proof-of-concept test for wholesale CBDC
Project Agila enabled banks to transfer funds during off-business hours.
CommBank walks back on account migration
Select accountholders would have been moved to a tier that has an A$3 withdrawal fee.
Chinese banks see improved earnings in Q3
Interest income and fee income declines narrowed.
Cross-border shopping, e-wallets to shape Philippine payments in 2025
Evolving security frameworks will also redefine the payments experience, says Visa.
Concerns over Teh Family's Public Bank stake sale “overdone”: analyst
The estate will dispose of a 13% stake in the Malaysian bank.
RHB projected to log 50% full cash divided payout ratio for 2024
The Malaysian bank is on track to surpass its 4.5% loan growth target.
HDFC Bank teams up with Pennant to offer quicker loan processing
HDFC will be able to quickly launch new loan products, amongst others.
ING names Deepali Bhargava as head of research, APAC chief economist
Bhargava joins from Kohlberg Kravis Roberts & Co.
RACQ Bank’s insurance arm sale heralds' step towards revenue stability: report
Revenue from its insurance business has been volatile, according to Moody’s Ratings.
Commentary
The Asian connection: China's path to sustainable growth