News
China reopening to lift Hong Kong banks’ earnings: Fitch
Fitch Ratings expect higher net interest income and NIM.
China reopening to lift Hong Kong banks’ earnings: Fitch
Fitch Ratings expect higher net interest income and NIM.
UOB prices A$1.5b dual tranche 3-year senior unsecured bond
The notes are expected to be issued on 16 March 2023.
Weekly Global News Wrap: Nomura cuts entertainment budget; crypto bank Silvergate closes down
And Bank of America CEO says he and the bank are “capitalist” as anti-ESG critics gain steam.
Credit Suisse clinches approval to launch wealth business in China: report
The Swiss bank is pushing to roll out its wealth business by the first half of 2023.
DBS CEO Piyush Gupta earned 13.3% more in 2022
Gupta’s salary is S$1.5m in 2022, up from S$1.2m in 2021.
DBS officially launches Dhaka representative office
This is DBS’ 19th market globally.
Public Bank offers repayment relief to Malaysia flood victims
Customers affected by the floods can defer monthly loan payments for up to 6 months.
Card payments trump cash in Singapore
Over 9 in 10 of respondents in Visa’s latest study said they use cards to pay.
DBS’ Lareina Wang on why role models matter to women in banking
Only 20% of bankers in C-Suite and senior leadership roles in Hong Kong are women.
No more full gov’t support for Shoko Chukin Bank after stake sale recommendation: report
The potential stake sale is a governance risk, Moody’s warned.
Hang Seng Bank celebrates 90th anniversary
A celebratory event was held with Hong Kong’s chief executive and the bank’s chairman and CEO.
HSBC launches RewardCash-based e-shop for Hong Kong Visa platinum cardholders
They can now ship at Watsons, PARKnShop, and Fortress with their RewardCash.
Indonesia’s Danamon to appoint Daisuke Ejima as president director
This plan will be submitted after obtaining approval from the Company's Annual General Meeting of Shareholders (RUPST) on 31 March.
Southeast Asian banks’ well-placed to ride fintech’s digital disruption: Moody’s
Supportive regulation, digital investments, and fintechs slowing growth will play to banks’ favor.
Weekly Global News Wrap: Credit Suisse woos the wealthy with higher deposit rates; Citi cuts jobs
And Goldman Sachs signals possible sale of consumer business assets.
Citi names Stella Choe as APAC head of new Global Network Banking
GNB brings together relationship managers across Citi’s different banking businesses.
Bank of East Asia launches Mainland account opening service for Hong Kong residents
The service is offered in 15 designated BEA branches across Hong Kong.
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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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