Wholesale Banking

BOK joins project exploring use of tokenisation to improve cross-border payments

Seven other central banks globally have joined the project.
5 days ago

BOK joins project exploring use of tokenisation to improve cross-border payments

Seven other central banks globally have joined the project.
5 days ago

SCB names ex-Citi banker as new SVP and chief wholesale banking officer

Parksuwan has worked for Citi Thailand and HSBC Bank Thailand.

Singapore to pilot use of wholesale CBCDs in 2024: Menon

MAS is also rolling out GPRNT.AI, an ESG data platform for financial institutions.

India assures banks it’s ready to manage outflow of Russian funds: report

Russian companies have accumulated billions of rupees in local banks.

UOB net profit up 53% in H1; 85 cents interim dividend announced

Net profit was S$1.4b in Q2 when including the one-off Citigroup integration expenses.

Singapore unveils industry guidelines for sustainable private banking

The industry group sustainability taskforce has also developed a training benchmark.

SWIFT rolls out pre-payment prediction service for cross-border payments

It identifies possible problems in the future payment based on previous data from 9 billion transactions.

SMBC names Priya Bellino as Head of ESG Solutions in APAC

Bellino’s prior career spans two decades with EY and Goldman Sachs.

RHB appoints Mohd Rashid Mohamad as new group CEO

He formerly served as managing director of group wholesale banking.

UOB chief’s salary climbs to S$10.9m in 2021

The group also reported a 40% surge in net profits for 2021.

Standard Chartered names global heads for CPBB business

Xie Wen and Mohamed Kerain are tasked with growing SC’s CPBB business.

Bank SinoPac clinches Taiwan Domestic Remittance Initiative of the Year at ABF Awards

It offered 110,000 migrant workers a safe and affordable platform to send their hard-earned money home.

MUFG Bank appoints head of institution investors coverage for Asia

Weehuizen has over 18 years of banking experience in APAC and Europe.

Regulation, late digitisation challenge Web 3.0 adoption in wholesale banking

Web 3.0 is taking over, but many businesses have yet to move past Web 1.5.

HSBC invests $2b to be a ‘digital first’ bank

Part of that investment means partnering with more fintechs to create digital banking products.