Singapore

Commercial banks' minimum capital requirements up from US$67m to US$134m.

It has the largest USD loan exposure at 33%.

Its profits could decline by up to 1.7%.

Citi has appointed Fabio Fontainha ASEAN Head of Consumer Banking, effective December 1. Fabio will be based in Singapore and will report to Anand Selva, Head of Asia Pacific Consumer Banking. Citi’s Consumer Banking heads in Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam will report to Fabio. Fabio joined Citi in 1994 as a Management Associate in Rio de Janeiro, Brazil. He has held a number of senior roles, including Head of Consumer Banking in Malaysia, Head of Sales & Distribution and Consumer Investments in Japan and in International Personal Banking for Latin America. Having spent nine years working for Citi in Asia, Fabio returned to Brazil in 2013 tasked with restructuring the retail operation. Fabio is currently the Head of Consumer and Commercial Banking for Latin America. 

And Wells Fargo's new account openings almost halved in October.

It will be located at the Dubai International Financial Centre.

They are wealth managers of non-resident Indians.

And will UniCredit and Societe Generale merge soon?

Millennials demand faster and easier ways to pay.

The deadline for nominations is on 13 January 2017.

It will also launch in the US in early 2017.

He also reveals three key goals for the company.

New technology companies looking to break into the financial services sector are bringing fresh competition for banks – prompting a new era of digital innovation. But how can banks take advantage of this innovation and stay ahead of the competition?

Its net profit could rise 1.7%.

And Fed says banks tightened commercial property lending standards in Q3.

It will also be launched in Australia, Indonesia, Taiwan, Thailand and the Philippines.