News

Citi names Varun Matta as TMT investment banking head for ASEAN

Matta will be a managing director and will also cover some sponsor clients for the region.

Citi names Varun Matta as TMT investment banking head for ASEAN

Matta will be a managing director and will also cover some sponsor clients for the region.

Refinitiv launches electronic trading service in Indonesia

This is the country’s first interbank electronic marketplace for the trading of rupiah.

Real-time payment ties cash as preferred payment method in SEA markets

Three in five consumers from four markets name it as their favoured way of paying.

Citi APAC raises record $25b in sustainable funds for clients in H1 2021

Amongst the transactions is Alibaba Group’s $5b four-part offering in February.

HKMA, Hong Kong banks warn public against phishing attacks

Phishing emails and messages detected in the first half were 145% higher.

What does ‘gold standard’ mean for Asia’s payments and e-commerce scene?

The market’s diverse challenges open the door for solutions that tackle country or region-specific issues.

Citi appoints 5 Singaporeans to senior positions across APAC

This includes the new head of Integrated Corporate Bank for its Taiwan business.

Citi Private Bank names southern, western Mainland China global market manager

Seamus Yin will be responsible for leading coverage of clients in central, western, and southern China.

Southeast Asia’s neobank market to grow 50% in 2021

Funding and winding down of the pandemic’s impact on the economy will push this market.

Singapore extends ESG loan facility to banks, FIs

Since being launched in April 2020 it has disbursed S$13.3b to FIs in support.

AIA Hong Kong, Bank of East Asia launch bancassurance partnership

They launched seven products that provide comprehensive life, critical illness, savings, and retirement protection.

Internet-only lender K-Bank’s users rise by over 2 million in Q2

As of end-June the banks said that it has over 6.19 million customers.

UOB Malaysia appoints new deputy CEO

Ng Wei Wei will retain her current role as head of wholesale banking alongside this promotion.

MAS to follow up on Binance's Singapore unit amidst scrutiny

Binance Asia Services has a grace period during which it can operate in the country.

Goldman Sachs Japan gearing up for move to new Tokyo HQ: report

This is in line with CEO David Solomin’s commitment to return to the office.

Second wave of COVID infections impairs Indian banks’ performance through 2022

Recovery will be more subdued as households prioritize rebuilding their savings.