Frances Gagua
DBS names new Singapore country head, group head of IBG
DBS names new Singapore country head, group head of IBG
Han Kwee Juan and Lin Him Chuan will take over their new roles on 1 Jan 2025.
Wealth transfer a critical topic for APAC advisers: survey
Sensitivity to talking about death and inheritance is named as the top challenge.
BNY names Ashvin Parkash as head of global markets trading for APAC
Parkash joins from Nomura and brings 25 years of industry experience to the role.
Japanese banks see loans and deposits rise in November
Foreign banks saw their total yen-denominated loans jump 25.2% YoY.
Vietnam’s Cake Digital Bank achieves profitability
Revenue per user is US$12 in 2024, and payment transactions are $4.7b.
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.
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1. How digital payments are forcing QSRs to rebuild checkout and staffing 2. OCBC new investors triple as bank braces for 2026 gold, silver uptick 3. MariBank links remittances to Weixin Pay via TenPay Global 4. DBS pilots Visa Intelligent Commerce for agent-initiated payments 5. Japanese banks face bond yield shocks as yields hit 2.23%Resource Center
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