News
CIMB Singapore rebrands Change Alley Mall to CIMB Plaza
The bank’s new centre has been refurbished with lounges for affluent banking clients.
CIMB Singapore rebrands Change Alley Mall to CIMB Plaza
The bank’s new centre has been refurbished with lounges for affluent banking clients.
Japan megabanks’ bad loans edge up to highest in six years
Billion-dollar exposures to Russia contributed to the negative outlook.
MUFG Bank names ex-Indonesia country head as new Regional Exec for APAC
Daisuke Ejima was country head of Indonesia prior to his new role.
Guilty! Majority of Singaporeans believe their banks are greenwashing
Around half of consumers enjoy the availability of green financial services.
Bank of East Asia reduce emissions by 15%, increase green loans five-fold in 2021
The bank also donated millions to support flood relief efforts.
MUFG names two new heads in global corporate, investment banking APAC unit
Both Campbell and Sivarajah will be based in Singapore.
Citi Hong Kong makes two senior appointments in Institutional Client Group
The new appointments will be effective immediately.
MAS to explore digital assets use cases with Project Guardian
The first pilot sees DBS, JP Morgan, and Marketnode explore lending on a public blockchain.
Public Bank net profits down 8.6% in Q1 as one-off tax bites
The operating environment remains challenging, the bank’s founder said.
South Korea financial system face short-term crisis risk as inflation ramps up: poll
One in four experts warned of possible shocks.
Bank Raya offers instant bailout funds for faster small loan disbursements
Borrowers can access up to US$1,700 in loans.
Maybank adopts cautious outlook amidst geopolitical tensions, volatility
The Malaysia lender saw its Q1 profits fall compared to the same period last year.
Asia’s Top 20 banks by revenue bounce back in 2021
But the recovery may not be sustained in 2022 as constraints pile up.
MAS slaps S$330m add'l capital requirement at OCBC after phishing fiasco
The review found deficiencies in the bank’s risk mitigation and incident management.
EastWest Bank to appoint new CEO, President
New CEO is current strategy consultant for the bank’s parent company Filinvest.
Over 17 million Koreans use online financial services daily: central bank
Two in three Korean respondents use mobile financial services.
Bank of Singapore appoints global head of investments
Robert Reid has 30 years of legal, consulting, and financial services experience.
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