News

It’s the most wonderful time of the year!

We’re taking the time off and will be back on 9 January 2023.

It’s the most wonderful time of the year!

We’re taking the time off and will be back on 9 January 2023.

Citi winds down China consumer banking business

The exit does not include its institutional business, Citi said.

HSBC to stop funding new oil and gas projects: report

They will continue to finance energy companies at a corporate level to help them transition.

Standard Chartered upskills 8,000 Singapore employees through diSCover

The portal offers over 400 courses in specialist areas.

MUFG Bank signs BTNZ as first client for green deposits product in New Zealand

The funds are used for green loans in clean transportation and green development.

Hang Seng Bank warns of fake KOL Hazel Instagram account, website

The bank said that it will never ask customers to log in through embedded links.

Standard Chartered names David Rego as global head of payments, transaction banking

He is currently the global head of liquidity, deposits, and escrow solutions.

China’s shadow banks scramble for new business as property credit collapses: report

One shadow banking employee saw his yearly pay plunge from $500,000 to $34,000.

Hong Kong’s Fusion Bank offer digital loans for BYD electric cars

The loan has an annual percentage rate (APR) of as low as 3.9%.

DBS to launch IATA Pay in Hong Kong, Indonesia, Singapore

Airlines can access up to US$20b in savings from payment processing fees.

Hang Seng Bank appoints new Chief Marketing Officer

Jordan Cheung will take the position, starting 19 December. 

CIMB unveils sustainability-linked treasury programme

Clients may get a rebate upon achieving ESG-related targets.

Go green using fit-for-gifting currency notes: MAS tells public

Residents are encouraged to use the Fit notes instead of new notes.