News

Citi names Vikram Singh as CEO of Malaysia franchise

He reports directly to South Asia and ASEAN head Amol Gupte.

Citi names Vikram Singh as CEO of Malaysia franchise

He reports directly to South Asia and ASEAN head Amol Gupte.

Citi’s institutional, corporate banking arm in Asia sees 14% higher revenue in Q1

The Institutional Clients Group’s net income for Asia went up 31% compared to Q1 2022.

India’s Yes Bank records 45% net profit drop: report

Net profit fell much lower than anticipated by analysts.

Singapore and China launches taskforce for green finance

The collaboration will be co-chaired by Gillian Tan and Dr. Ma Jun.

Steady margins will push Daegu Bank to stable profits in 2023

The bank’s dividend payouts will remain at current levels of 40% to 50%, Moody’s reported.

Japan’s Chiba bank to maintain above domestic average profitability

The bank will maintain strong loan quality and liquidity, Moody’s said.

MAS unveils Finance for Net Zero Action Plan

The new net zero plan has expanded to include transition finance.

SG fintech Adyen appoints Priyanka Gargav as country manager

She will continue her role as head of commercials for SEA and Hong Kong.

CIMB Bank and OxPay join forces for digital payment solutions

The partnership will serve as a starting point for additional talks that may involve signing separate agreements.

HSBC says split bank would result in ‘erosion of earnings’

The bank responded to the strong statement regarding a break-up plan by Ping An.

Weekly Global News Wrap: UBS to retain only few Credit Suisse senior bankers; open banking to increase liquidity risk

And the UK must make it easier for banking staff to work remotely, says industry body. 

Chinese banks' bad loans to hit $95b in 2024

Stress from property sector continues to weigh.

Digital finance platform Funding Societies has disbursed $3b of funding to SMEs

The company offers lending, payments, and collections services.

Brankas-MPT mobility partnership grants motorists quick toll reload via bank accounts

This collaboration targets to attract new app users that will benefit from lower service fees.