News
DBS imposed with $1.6b additional capital requirements for service disruptions
Total additional regulatory capital has now reached about S$1.6b (US$1.2b).
Landmark receives payment license in Singapore
It began its operations after acquiring the license.
Hang Seng Bank warns of fraudulent facebook account
The bank said that it will never ask customers to give their personal information through embedded links.
Amanda Lee named APAC head of third party manager solutions for Citi
All of Citi’s mutual fund sales team members in the region report to her.
HSBC study: What type of wealth succession do Chinese entrepreneurs prefer?
56% of the surveyed hope to achieve risk isolation through family trusts.
BOCHK raises prime lending rate to 5.75%
The HKD savings deposit rate was also adjusted.
Hang Seng Bank changes its board composition
Michael Wu Wei Kuo retired as the Independent Non-executive Director.
Michael Wu takes final bow as Hang Seng Bank's Non-executive director
He also retired as chairman and member of some of the bank's committees.
Improved mortgages to support ANZ’s earnings over the next two years
Net interest margin improved 7bps in the six months ending 31 March 2023.
Australia’s Macquarie Bank’s earnings to rise by retail banking business: S&P
The bank’s parent company will also enjoy income growth from outside Australia.
Bank of East Asia raises standard savings rate to 0.75% pa
It will take effect on Monday, 8 May.
Wealth management industry challenged to rear investors to safe-haven assets
StashAway says 80% of affluent clients are receptive to receiving advisory services from AI and other digital channels.
Natixis CIB Global Markets Leadership Team branches out in Australia
Thomas Moffat and Oscar Austin have been chosen.
Airwallex Hong Kong’s gross revenue grows threefold
Its consumer base also grew more than double.
Australia-based CoinJar lays foot on US grounds
The CEO remains confident despite regulatory risks.
Public Bank raises interest rates by 0.25%
Its standardised base rate will now be 3%, whilst base lending rate is 6.72%.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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