Frances Gagua

SGX welcomes ETF tracking APAC financial institutions

It has S$47m in assets under management at launch.

Standard Chartered names three leaders to global transaction banking team

The three new hires are previously from J.P. Morgan, DBS, and Bank of America.

Daegu Bank bets long-term with digital amidst home market issues

The Korean bank has turned its eyes to Seoul to grow its retail banking activities.

Why banks need fintechs to buoy loan growth

Loan demand has doubled in Singapore, and fintechs can help onboard quality clients.

No contagion risk for Vietnam banks from billionaire corruption scandal

But it exposed structural weaknesses in Vietnam’s banking and financial industry.

UOB grants 30,400 shares to eligible non-executive directors

The share awards are part of the directors’ remuneration for 2023.

Taiwan e-payments rose to $475.4m in Q1

A total of 1.897 billion non-cash payment transactions have been recorded.

Taiwan cards' revolving credit rise to NT$107.3b in March

There are over 37 million active credit cards on the island.

OCBC logs record net profit of S$1.98b in Q1; EPS is S$1.76

Higher wealth management and insurance income pushed up fee income.

PH banks’ total assets expanded 9.2% to $439.3b in 2023

Both lending and investing activity grew during the period.

CIMB Thai’s de-risking and cost optimisation pays off

Moody’s Ratings says its asset quality, profitability and liquidity is “modest”.

TMT investment banking activity in APAC slated for growth in H2: Citi

Citi’s clients are “increasingly looking to raise capital” for growth and M&As, it said.