Omicron variant
New COVID outbreak, inflation, rising interest rates pose risks to Singapore’s financial stability: MAS
New COVID outbreak, inflation, rising interest rates pose risks to Singapore’s financial stability: MAS
Banks should have enough buffers and find climate transition risks manageable.
Sukuk issuance slowdown may dawn earlier over Omicron variant: Fitch
Uncertainty over Omicron's impact may drive this slowdown.
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1. Hang Seng unveils MTR Jordan Station Retail Banking Centre 2. Malaysia fines Maybank Islamic for info submission lapses 3. HSBC Malaysia penalized $690,000 for customer screening non-compliance 4. Malaysia fines two banks for non-compliance with AML/ CFT requirements 5. Citi nabs BofA banker to lead Chinese banking operationsResource Center
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BCG’s Tushar Agarwal emphasises that transformation relies on mobilising people and understanding their motivations
He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
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Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?