APAC
Citi names Ed Huntsman as head of financing, markets for Asian markets
Citi names Ed Huntsman as head of financing, markets for Asian markets
Huntsman will remain global head of financing for spread products.
StashAway launches fixed-income Income Investing
It has a 5.51% per annum yield maturity.
Digital investment firm Arta Finance clinches approval to launch in SG
The firm offers access to alternative assets and credit channels.
Over 600,000 payment cards’ info stolen
Over 99% of stolen data include names, computer files, amongst others.
Data analytics key to SEA digital banks' profitability and retention
After the initial novelty and rewards, digibank users are likely to revert to their old bank.
Georges Elhedery is HSBC’s new group CEO
He is currently the CFO; Noel Quinn will retire on 2 September.
Financial services industry sees shift to digital, partnership-led business models, says PwC Partner
Industry innovations have become increasingly focussed towards customer centricity amidst keeping pace with evolving needs.
Indonesia and South Korea to enhance cross-border payments
The central banks expect that it will promote digital economy and benefit the tourism sector.
Banks to log $82b losses in 2024: S&P
This is due to credit costs normalisation and not asset problems.
Malaysian Islamic banks’ funding clean-up could take up to 5 years
Islamic banks need to strengthen their deposit base.
HSBC, Visa team up to develop multi-currency app Zing
Users can hold funds in 10 different currencies and transact in 200 countries.
APAC investment banking fees drop to eight-year-low in H1
ECM underwriting fees fell to its lowest level since 2013.
Here's why you shouldn't miss the 2024 Asian Banking & Finance and Insurance Asia Summit
Shape the future of financial services in Asia at the region's premier banking, finance, and insurance summit.
Outstanding banking and finance industry champions crowned at Asian Banking & Finance Awards 2024
The 2024 Wholesale Banking Awards, Retail Banking Awards, Corporate and Investment Banking Awards, and the inaugural FinTech Awards recognised the industry's top performers for their innovation, dedication, and exceptional client service.
APAC banks face 2.5 million shortage of skilled cyberstaff
Banks may not have the right people in-house to mitigate them.
Ant Group and Mastercard extend payments program to Chengdu, Chongqing
Tourist spending using Ant Group’s digital payments rose 13-fold in the two cities.
WTW urges APAC banks to consider non-payment insurance
Uncertainties like the Chinese real estate crisis call for effective credit risk management.
Commentary
Why most banks are struggling with AI, and what the smart ones are doing differently
Data, AI, and trust: The next era of financial crime prevention
From behavioural change to scalable inclusion: Cross-border payments in APAC
Device governance is not an IT problem. For SEA's financial sector, it is a boardroom one
Corporate acupuncture: How precision M&A is reshaping Asia’s competitive edge