Henan Banking Scandal
Weekly Global News Wrap: Depositors hit by China’s banking fiasco to be repaid; HSBC pays £1500 to staff to help with living costs
Weekly Global News Wrap: Depositors hit by China’s banking fiasco to be repaid; HSBC pays £1500 to staff to help with living costs
And India’s Yes Bank is selling up to a 10% stake for $1.1b.
Chinese depositors call to release savings from frozen assets of 6 rural banks: report
The head of these banks' parent company is on the run and wanted for financial crime.
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1. UOB unveils FDI Advisory Centre in South Korea 2. Singapore places fourth for most ‘ATMs near me’ Google searches 3. Singapore’s financial sector turns to contract hiring for cost control 4. RCBC boosts rural presence with ATM Go 5. Alipay+ goes live in Sri Lanka with 14 e-wallets enabled for paymentResource Center
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PH banks and insurers face MSME credit gap, AI fraud, climate risk
Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
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