London Interbank Offered Rate
APAC banks on track for LIBOR phase-out: S&P
APAC banks on track for LIBOR phase-out: S&P
Singapore banks are leading the way in adopting alternative reference rates.
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1. Revolut Singapore hits first year of net profitability in 2024 2. CIMB Philippines says fund transfer issue ‘resolved’ 3. Union Bank of the Philippines ‘aggressive’ growth strategy brings more problem loans 4. Bank of America appoints Phil Carmalt as head of APAC GPS 5. HSBC Singapore unveils wealth centre at The Star Vista mallResource Center
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Compliance and legacy systems stall B2B payment shift
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