News
Mizuho submits business improvement plan following tech failures
Mizuho most recently saw disruptions to its corporate online bank services on 11 January.
Mizuho submits business improvement plan following tech failures
Mizuho most recently saw disruptions to its corporate online bank services on 11 January.
Union Bank’s capital buffers to weaken following Citi purchase: analyst
Any potential earnings boost remain uncertain; whilst reduced capital will take years to rebuild.
Standard Chartered appoints Roel Louwhoff as chief of tech, operations, and transformation
He replaces current COO David Whiteing, who is moving back to Australia.
DBS to only send 'essential' SMEs to retail, wealth customers
The bank assured customers that it employs a multi-layered defence system against fraud.
Singapore launches new measures to bolster digital banking security
Banks are asked to remove links in emails and SMS sent to customers.
Cryptocurrency ATMs close down in Singapore following MAS clampdown: report
Two operators, Daenerys and Deodi, have shut down their ATM machines in the city.
Grab Singapore includes more banks in linked account feature
Users can now link accounts from Bank of China, DBS, Maybank, OCBC, StanChart, and UOB.
Will Request To Pay displace card payments in the future?
The potential is there, but tech roadblocks prevent wider adoption in the industry.
Citi names new head of Global Subsidiaries Group for APAC
And the search for a new head of corporate banking for Australia and New Zealand is on.
Singapore bans promotion of cryptocurrency trading in public
The new guidelines instruct against marketing DPT services in public areas.
Contactless payments snare Singapore’s boomers
Loyalty programs are also rated as important by consumers in the city.
Nominations are now open for the highly anticipated Asian Banking & Finance Awards 2022
Banks and financial institutions are invited to submit their entries for the Wholesale Banking Awards, Retail Banking Awards, and Corporate and Investment Banking Awards 2022.
Financial institutions key for energy investments, B&R Initiative to go green: PwC
Decisions on green finance now will lock in emissions trajectories for decades.
Bank of China Hong Kong poised to benefit from GBA: analyst
A possible rate hike in March will also positively affect the bank.
APAC’s total investment banking fees in 2021 highest-ever on record
The region recorded its highest-ever equity capital market fees collected in a year.
Weekly Global News Wrap: Morgan Stanley’s top performers get 20% bonus raise; Credit Suisse files insurance claims worth $1.17b
And Mexico alert on antitrust implications for local Citi consumer franchise asset sale.
UOB buys Citi’s retail businesses in 4 SEA markets for US$3.65b
UOB is paying for the net asset value plus a premium of US$690m.