News

AFIN, R3 partner for CBDC testing

AFIN will launch a new digital currency sandbox in APIX.

AFIN, R3 partner for CBDC testing

AFIN will launch a new digital currency sandbox in APIX.

UOB pilots digital bond issuance on Marketnode's asset issuance platform

It is the first financial institution on the platform as an issuer and bond house.

Singapore's MAS reprimands AIA FA, Prudential, Aviva FA & CEO for breach of rules

They failed to properly monitor individuals onboarded as advisors, directors.

Bank of Singapore appoints Paul Chua as global head of wealth planning

Chua spent 18 years with UBS Wealth Management prior to his new role.

Chart of the Week: South Korean card payments to grow 4.9% through 2024

Average frequency of use is 136.2 times in 2020, higher than in France, US, and UK.

Public Bank reassures COVID-hit loan customers it will continue to offer support

The bank has assisted over 160,000 customers affected by the pandemic.

Hana Financial clinches prelim nod to set up asset manager in Singapore

The group said that its entry in Singapore is a springboard to expanding globally.

This Asian Banking and Finance podcast discusses the challenges and best practices when it comes to managing corporate actions automation

SmartStream’s Neil Sheppard and Alan Jones shared their insights about the changes they have seen in operations control both before and after the pandemic.

Japan's LINE launches digital bank in Indonesia

Indonesia is the third market in which LINE Bank is operating.

Hong Kong bankers to retain right to access corporate registry: report

A new government rule plans to tighten public access to company director’s personal info.

Standard Chartered grants first green banker’s guarantee in ASEAN

ENGIE is building an underground district cooling system for Singapore.

Chinese banks warned against rising bad debt as measures subside

CBIRC also warned against emerging local real estate bubbles.

Hong Kong’s consumer credit demand rebounds in Q1

Mortgages and credit card demand rose, whilst unsecured credit hit a historical low.

UOB to pilot 'Sign with Singpass' for e-signature authentication

The bank will test the feature with retail and corporate clients for 12 months.

China orders banks, insurers to draft 'living wills': report

This is to ensure that troubled financial institutions won't end up needing costly bailouts.