News
13.36 million credit cards in circulation in Australia: study
Credit cards contributed about AU$18.6b in national debt due to accrued interest.
13.36 million credit cards in circulation in Australia: study
Credit cards contributed about AU$18.6b in national debt due to accrued interest.
Mizuho Securities US aims for 100 hires by next year
The Japan-headquartered company said it aims to expand its workforce by 30% by 2026.
Endowus Private Wealth expands alternative offerings
The new offering covers a broad range of asset classes.
StanChart, Atome lender-of-record partnership book 100,000 transactions
Atome customers who successfully activate their new StanChart credit card will receive S$250 in Atome+ points.
Natixis CIB names APAC head of financial sponsors group
Anurag Poddar was most recently a managing director for Natixis CIB in New York.
HSBC launches global private banking business in India
It will service clients with investable assets of over $2m.
OCBC unifies branding, renames Hong Kong and Macau subsidiaries
OCBC Wing Hang has been renamed as OCBC Bank (Hong Kong).
Paywatch inks MOU with Visa to offer EWA solution across Asia
Paywatch will make use of Visa’s cross-border capabilities and network.
New requirements published for DPT service providers
It will mitigate the risk of loss or misuse of customers’ assets.
StanChart Singapore launches mass-affluent miles card
Rewards points accumulated with the card do not expire.
Family offices spur growth of financial wealth in Singapore
There are now 800 family offices in the city, compared to only 100 five years ago.
Credit Agricole CIB Singapore names new senior country officer
His tasks include being group coordinator for Crédit Agricole entities in Singapore
Bank of International Settlements names new head of SG innovation hub
Their appointment is effective from 1 October.
Dah Sing Bank, YOOV partner for easy SME loan application
SME loan applications and approvals will be simplified.
Indian banks’ bad assets improve to 10-year low: CareEdge
SCB’s recorded a 10-year low of 3.9% for its GNPA.
Approved mortgage loans soar 20.3% MoM in May
The increase was likely due to the uptick in applications during the same month.
DPM Wong is the new chairman of MAS’ board of directors
Wong will survive beginning 8 July up to 31 May 2026.
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