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.
Thought Leadership Centre
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1. Leading banks, financial companies lauded at Asian Banking & Finance Awards 2025 2. UOB acknowledges penalty for anti-money laundering breaches 3. Exceptional fintech leaders, innovations honoured at Asian Banking & Finance Fintech Awards 2025 4. OCBC Bank (Malaysia) Berhad recognised at Asian Banking & Finance Wholesale Banking Awards 2025 5. Revolut partners with Ant Int’l to enable transfers to China via AlipayResource Center
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The financial institution bagged the ASEAN SME Bank of the Year, SME Bank of the Year - Hong Kong, and SME Bank of the Year - Indonesia.
Commentary
Beyond the code: How mobile banking is weaving a new financial narrative in Asia