News
Citi names Gunjan Kalra as APAC head of Citi Commercial Bank
Kalra has been APAC head of corporate sales and solutions since 2021.
Citi names Gunjan Kalra as APAC head of Citi Commercial Bank
Kalra has been APAC head of corporate sales and solutions since 2021.
SkorLife takes $4m seed funding to empower Indonesians with financial literacy
This fintech startup plans to leverage technology to lift the Indonesian market’s potential for better financing.
Syfe launches Syfe Income+ product in Hong Kong, target 6% to 8.6% payouts
The digital investment platform held a seminar alongside the product’s launch.
OCBC offers digital invoice financing to SMEs
Over 55,000 SMEs are registered in InvoiceNow.
DBS chief Piyush Gupta sells 100,000 shares, nets S$3.42m
Of these, 91,900 were sold at S$34.2253.
Hang Seng Bank opens two new cross-boundary wealth management centres
One is in Shenzhen and the other is in Tsim Sha Tsui.
Half of fintech investments in SEA are from Singapore – Robocash
Indonesia comes second with $20.8b.
Mastercard enables China visitors payment option through WeChat Pay
Inbound cross-border travel to China improved to around 50% of 2019 levels.
Big banks, investors fund Endowus digital wealth leadership in Asia
It was able to raise $35m from global banks, existing investors, and four Asian billionaire families.
MAS pledges S$150m to aid the financial sector
The scheme aims to back projects and maximise the use of technologies.
Chart of the week: alternative payments used in 1 in 3 online shopping transactions
Singapore’s e-commerce market is forecast to grow by 15% this year.
Explore the transformative power of AI in Asian banking
Ahead of the Asian Banking and Finance Summit, XiXun Asia CEO and Founder Fridolin Blumer opens up on the role of AI in transforming the industry.
OCBC prices S$550m perpetual capital securities at 4.5%
OCBC served as the sole lead manager and bookrunner for this issue.
Mizuho partners with KOKO Networks to offer carbon credits to clients
Proceeds from the sale of premium carbon credits are distributed as substantial discounts on KOKO Fuel.
Vietnam’s HDBank registers $232.4m in profits for first semester
It also finished adopting Basel III standards.
Fasset superapp aims to use digital assets to drive financial inclusion
The digital asset company plans to eventually offer remittance, lending, and borrowing.
HSBC names UBS banker as new head of global private banking for SA
Tommy Leung will take over the role on 19 October.