News
Hong Kong’s Airstar Bank pilots corporate banking services for SMEs
The pilot trial is open to 100 small and medium enterprises.
Hong Kong’s Airstar Bank pilots corporate banking services for SMEs
The pilot trial is open to 100 small and medium enterprises.
Weekly Global News Wrap: Long journey for EU banks' green goals; Wall Street banks to flaunt resilience before Congress
And Greece's Alpha Bank taps JPMorgan, Goldman Sachs for plans to boost capital.
Chart of the Week: Hong Kong card payments value to grow 4.4% in 2021
This comes after two years of decelerating growth due to trade tensions, protests, and the pandemic.
Citi appoints new Singapore head of credit cards and personal loans
Serene Gay will oversee credit cards and unsecured lending covering Citi branded cards.
China’s $1.3t domestic debt hurtles to maturity as defaults surge: report
The huge debt, unprecedented pace of defaults underscores local authorities’ conflicting goals.
Global banks on a hiring craze as they vie for rich Asians’ assets
HSBC, Goldman Sachs, and Citi are all eyeing a piece of the region's trillion-dollar financial market.
China to account for half of mobile payments worldwide by 2023
The country’s mobile payment transaction value is expected to hit $1.3t this year.
StanChart signs MOU with Tazapay to enable digital escrow services in Proxtera
The bank will facilitate the opening of bank accounts in Tazapay.
Qatar National Bank continues to be largest bank in MEA: S&P
It is also the 100th biggest bank globally.
Need for speed: Industry leaders weigh on digital innovations in banking
Financial literacy is a prong that must be reinforced to improve digital services.
SB Finance, OneConnect to develop digital finance platform in the Philippines
It seeks to service the 65% of Filipinos who remain unbanked.
VCs flocking to "lucrative" APAC payments segment: report
Global VC deals rose to 620 in Q1 2021.
China injects $15.5b cash into the financial system to maintain liquidity: report
The nation’s top leaders recently described economic recovery as “unbalanced and unstable.”
Chart of the Week: Card payments in China to rebound 21.3% in 2021
Card payments are set to rise as economic activities gathers pace.
Citi APAC adds nearly 650 new wealth professionals in 2021 so far
The group has added over $5b in net new money in Q1 alone.
Goldman Sachs ramps up China ambitions with hiring spree: report
It is planning to add over 400 new people in its headcount in 2021 alone.
Citi appoints new head for private banking arm in South Asia
Lee will have direct responsibility over the private bank arm of Singapore, Malaysia.
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