Markets

Asia’s bank-heavy funding model constrains capital growth

Deloitte says deeper domestic investment markets are needed to channel Asia’s growing savings into businesses and future growth.

Digital currencies lead Asia payment coverage at 26%

Quick response code and wallet connectivity ranked second with a 24% share.

Singapore banks displace chip stocks in July rally

Oversea-Chinese Banking Corporation delivered a 17.5% total return and led the benchmark.

Ant Group firms lead Asia media mentions over DBS and Visa

Visa ranked third at 165 whilst Mastercard logged 158.

APAC banks risk losing clients without digital assets

Institutions that delay infrastructure investment risk surrendering client relationships.

Investing in an inefficient market

In Indonesia, price manipulation remains common, regulatory enforcement requires improvement, and liquidity is thin.

Asia-Pacific M&A hits lowest Q1 level in at least three years

The quarter was dominated by smaller asset management and insurance activity.

Asia’s electronic markets reach an inflection point of transformation

Across volatility, multi-asset trading, and digital assets, technology is increasingly viewed as essential to navigating complexity.

Citi Korea posts strongest Q1 since 2018 as net income surges 61%

Total revenues and net income rose by 23% and 61%, respectively.

Citi forms new investor group to replace asset managers cluster

Vikram Chavali will continue to lead FSI for JANA and Asia South.

ANZ names Michael Peric and Trevor Vail as Markets co-managing directors

Peric and Vail report to Mark Whelan, group executive Institutional at ANZ.

Citi launches Korea desk in Chicago to back Korean firms’ US expansion

Citi Korea opened its first Korea desk in New York in 1993.

SMBC appoints Salim Zaman as global head of FX

Zaman will continue to serve as co-head of global markets and treasury in APAC.