News

India’s Axis Bank names central bank ex-deputy governor as non-executive chairman

N.S. Vishwanathan will assume the role on 27 October, pending approval.

India’s Axis Bank names central bank ex-deputy governor as non-executive chairman

N.S. Vishwanathan will assume the role on 27 October, pending approval.

Bank of East Asia extends weekend business hours in three branches

They will be open from 1PM to 5PM until 9 July 2023.

No changes to Hang Seng Bank's HKD dollar prime, savings deposit rates

Savings accounts with a total relationship balance of HK$1m or above will enjoy a bonus interest of 0.001% per annum.

MAS provides Sygnum IPA for licence

This expands their offering of regulated crypto brokerage service.

Dah Sing Bank shows solid capitalisation, funding and liquidity: Moody’s

The bank has a stable outlook due to its capability to maintain strong credit profiles, including solid capitalisation, funding, and liquidity. 

Citi to provide custody and fund services to Fubon’s latest Hong Kong ETF

The bank works with over 40 ETF issuers covering 500 ETFs in APAC.

Bank of China HK’s HKD prime rate, savings deposit rate unchanged

Savings accounts with HK$1m will enjoy a bonus rate of 0.001% per annum.

BNY Mellon names Hong Kong chief executive

Francis Giglio will sit in place and his designation is effective immediately.

livi bank, FWD General Insurance launch pet care insurance

Survey shows that 77% of pet owners have not purchased any pet insurance.

HSBC winding down wealth, personal banking business in New Zealand

The bank can no longer justify investing into this business, it said in a statement.

Citi launches sustainable time deposit for India-based institutional clients

This is the product’s third market, after Singapore and Hong Kong.

HSBC plans to become top choice for VCs: report

It also plans to expand its focus to the Singapore market.

Bank of China Int'l Holdings issues first tokenised notes in Hong Kong

The product was derived from UBS, to which it marketed to its APAC clients.

SG banks strong and stable despite uncertain AT1 issuance market: experts

Banks are ramping up AT1 bond issuances after the Credit Suisse wipeout put a halt on issuances, observers said.

Kenanga Investment Bank commemorates 50 years

Clients can anticipate the Wealth SuperApp launch.

UOB outlook stable despite muted operations: Moody’s

Its recent acquisition will contribute positively to profitability.

Malaysia's AmBank, Alp Capital unveil point-of-sale QR payment for retailers

The new feature reduces the time spent reconciling transactions and e-wallet payments separately.