Frances Gagua
Malaysia, Cambodia float plans to link domestic payment systems
Malaysia, Cambodia float plans to link domestic payment systems
They are also aiming to eventually enable cross-border QR payments between the two countries.
Maybank’s full year net profits up 17.5% to $1.96b
The total dividend of 60 sen per share is its highest post-pandemic.
Hang Seng Bank expresses support of budget measures for SME, financial market
Amongst initiatives were the advancement of digital finance and support for SMEs.
Digital bank deposits to surpass $20t by end-2024
Convenience of remote banking has changed how people manage their money.
StashAway launches wealth management offering for Hong Kong’s HNWs
HNW clients make up 65% of StashAway’s AUM in the city.
ZA Bank officially unveils US stock trading service in Hong Kong
The bank charges a trading commission of US$0.012 per share.
OCBC net profit up 27% S$7.02b in FY2023; final dividend is 42 cents
Total dividend of 82 cents is 12% higher than the previous fiscal year.
Citi opens two new wealth centres in Singapore
One Holland Village and Parkway Parade have floor areas exceeding 3,000 sqft.
Norinchukin Bank announces senior leadership changes
The leadership changes are effective 1 April 2024.
Ant Group outbids Citadel for Credit Suisse’s China investment bank venture: report
But this faces a “thorough review” because China favors a foreign buyers, sources said.
Mastercard, Octopus enable contactless payments in 180,000 HK touchpoints
Travelers will be able to use their Mobile Octopus across all MTR routes.
Australia’s central bank names first-ever COO
Susan Woods has served as Assistant Governor (Corporate Services) at RBA since 2018.
Citi names J.P. Morgan banker as head of banking, executive vice chair
Viswas Raghavan was CEO of J.P. Morgan in EMEA since 2017.
Hong Kong’s BEA launches WMC 2.0 Southbound services
BEA offers 250 eligible fund products under the expanded WMC scheme.
DBS, Sheng Siong to build sustainable business ecosystem with 1,000 SMEs
DBS will offer upskilling courses and sustainable financing solutions.
E-angpaos sent in CNY tripled in 2024: OCBC
The $100 amount is the most popular e-angpao amount this year.
BSP okays adoption of sustainable finance taxonomy guidelines
It has a “traffic light system” in classifying if finance activities are SFTG-aligned.
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1. CIMB Philippines says fund transfer issue ‘resolved’ 2. UOB inks MOU with Accenture for AI adoption and application 3. Cambodia and Japan enable QR code payments between the two countries 4. Standard Chartered appoints Noelle Eder as group head of tech & operations 5. HSBC group chairman Mark Tucker announces retirementResource Center
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