News
DBS merges brokerage, digital exchange with treasury markets business
The new group, Global Financial Markets (GFM), will be headed by Andrew Ng.
DBS merges brokerage, digital exchange with treasury markets business
The new group, Global Financial Markets (GFM), will be headed by Andrew Ng.
PH bank AUB takes e-wallet overseas with Alipay+ partnership
HelloMoney users can now pay via QR code in South Korea, Malaysia, and Hong Kong.
Standard Chartered, FreightAmigo team up to streamline financing for HK’s SMEs
The partnership will utilise "federated learning" developed by the Hong Kong ASTRI.
ASEAN banks show impressive uptime performance in 2023 – Brankas
The report calls for better customer awareness of disruption and recommends institutions to keep at least a 99% uptime.
UOB, CCPIT forge partnership to boost SEA trade
Both parties aim to strengthen supply chains, drive innovation, and promote sustainable development.
KakaoBank expands AI research at ICN10 data centre
Digital Realty's ICN10 data centre was selected for its optimized AI deployments.
South Korea cracks down on noncompliant private equity fund firms
Authorities first introduced the cancellation scheme in October 2021.
Citi names Luke Lu as head of banking in China
He will oversee all of Citi’s business and operations in China.
SMBC subsidiary establishes aircraft financing, leasing platform
The investment is targeted at US$1.5b for a three-year period.
BPI Debit Mastercard to undergo maintenance on 4 Feb
ATM, e-commerce, and POS transactions will be unavailable from 12AM to 12NN.
Bangkok Bank enables remote account identity verification through Boonterm kiosks
Customers need only a smart Citizen ID card and their reference code from the app.
Thailand banks’ profits underperform in Q4
Thai banks are expected to see THB130b in new bad loans in Q1, UOBKH warns.
Hong Kong banks should play ‘long con’ to reap 2025 growth benefits
2024 is expected to be challenging for Hong Kong banks, KPMG reports.
Higher loan demand, low credit losses spell better year for PH banks
Philippines’ digital banks will continue to make losses due to weak asset quality.
Alipay+ unveils campaigns, promos for Chinese New Year
These include special voucher bundles of up to 90% off.
Thailand’s KBank targets 5% loan growth in 2024 under ‘3+1’ strategy
The bank is scaling up its wealth advisory business to grow fee income.
Mizuho names crisis chief for specialty assigned matters
The position change is effective on 29 January.
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