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. OCBC could distribute $460.7m in additional capital to investors 2. UOB CEO calls for banks, fintechs, regulators to align on AI standards and trust 3. Singapore pursues digital economy ties with ASEAN and global blocs: DPM 4. Asia’s regulators need to match banks’ digital pace, GFTN says 5. Singapore builds a three-tier strategy to future-proof its workforceResource Center
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Equinix empowers banking modernisation and interconnection across Malaysia and Southeast Asia
Experts explored how hybrid multi-cloud strategies and interconnected data centres are shaping the future of banking in the region.
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