News
Deutsche Bank appoints Ruchir Sharma as co-head of Global Foreign Exchange
He will work with Darren Boulus.
Deutsche Bank appoints Ruchir Sharma as co-head of Global Foreign Exchange
He will work with Darren Boulus.
HSBC names Sharnika Silva as SEA head of trust and fiduciary services
She has worked with HSBC Trustee for 15 years.
UOB unveils refreshed branding with new logo, seal mark
The bank will also be kicking off a regional brand campaign involving TV films and ads.
Australian regulator grants IN1Bank a second extension on restricted ADI license
The digital bank is still aiming to get a full license by the end of the year.
Weekly Global News Wrap: Citi to divest Mexico consumer arm via sale or IPO; Wells Fargo hires third-party race auditor
And China’s homeowners rush to offload mortgages.
Singapore’s digital bank Trust reaches 100,000 customers
Users were aged 18 to over 90 years old, Trust Bank said.
HDBank’s plan to buy unnamed “weak bank” to weaken loss buffers: Moody’s
Little is known about the target bank and what incentives Vietnamese authorities offer.
DBS unveils targets for decarbonisation, data coverage under net zero goal
It plans to reduce emissions from O&G sector by 28% in 2030.
Citi, Yahoo launch personal finance hub Life and Money
It is hosted on Yahoo Finance in Singapore.
Singapore’s wealthtech venture funding surge sevenfold in four years
More rich people, digital tools are behind the rise
DBS buy virtual land at The Sandbox metaverse to create DBS BetterWorld
It will acquire a 3x3 plot of land to develop.
CIMB Singapore raises fixed deposit rate to up to 2.7% per annum
It’s available for 12 and 18 month periods.
Taiwan bad loans increased by $400m in July
Total outstanding loans increased to $1.19t at the end of July.
Standard Chartered, MonetaGo launch service to avoid duplicate financing fraud
It is accessible via SWIFT’s global API.
Citi Philippines raises Home Credit’s facility to $14.3m
This is almost double the $7.36m it approved last May.
Citi names Aditya Sharma as Asia head of custody
He has spent 19 years with Citi.
Singapore’s fintech funding hit three-year high for an H1 period, but fizzles from H2 2021
The funding was the highest for a first-half period since 2019, but 15% lower than in H2 2021
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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.
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