News
MAS names Gillian Tan as new chief sustainability officer
Tan will lead the sustainability group for tighter coordination of MAS’ sustainability initiatives
MAS names Gillian Tan as new chief sustainability officer
Tan will lead the sustainability group for tighter coordination of MAS’ sustainability initiatives
Korean banks’ in solid position to weather strong US dollar
Expectation of strong government support and solid foreign currency liquidity will support banks.
Thai banks face shrinking margins, ballooning costs amidst economic woes: analyst
Thailand can’t rely on tourism to buoy reserves.
Hong Kong steering group launches sustainable finance internship
The programme aims to encourage students to make a career in the field.
Taiwan banks’ bad loans dropped to $1.86b
NPL ratio remained at 0.16%.
BNPL, digital wallets accelerates growth of e-commerce fraud: study
Global e-commerce fraud will exceed $48b in 2023, and 22% will be from Asia.
Expect faster credit, more government issuance in China through 2022: ING
Government spending should continue to increase in order to provide enough job stability.
Citi names Keith Lee as Hong Kong high net worth market manager
He has 25 years of experience in the financial industry.
Malaysia, Indonesia sukuk markets to slow in near-term: Fitch
Issuance in core markets, which include the two countries, fell 14.4% in Q3.
China new bank lending rise in September: report
Household loans rose to CNY650.3b in September.
HSBC Global Private Banking launches Chengdu, Hangzhou units
The newly established teams are comprised of relationship managers and investment counselors.
Citi TTS to launch 24/7 USD clearing service in Q4
Clients can make USD payments globally 24/7, even during holidays.
Fintechs to play transformative role in cross-border payments: MAS
MAS said the current state of cross-border payments is unfit for the 21st century.
Standard Chartered unveils digital trade portal Trade Track-It
Customers can track vessels and check sustainability compliance.
Bank of China HK warns of fake website
It has already been reported to the HKMA and the local police force.
Sumitomo Mitsui securities unit suspended from block trading for 3 months
SMBC Nikko employees were suspected of conducting illegal stabilization transactions.
Mizuho Securities buys 19.99% of Rakuten Securities’ common stock
The two have also signed a shareholder agreement.
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