Retail Banking
Could China’s financial infrastructure play 'white knight' to embattled Russia?
Could China’s financial infrastructure play 'white knight' to embattled Russia?
Any move to play saviour could also damage China, warns Natixis.
Over 2 in 5 Citi Asia women bankers in senior roles
In Taiwan, 60% of its female employees are AVPs and MDs, according to Citi.
Commonwealth Bank of Australia sells 10% stake at Bank of Hangzhou for $1.3b
CBA has agreed to maintain a 5.57% shareholding in the bank until Feb 2025.
Standard Chartered India appoints Saurabh Jain as new WM head
Jain first joined Standard Chartered in 2019 as CEO of its Indian securities business.
Chinese banks urged to support affordable rental housing dev't: report
This comes after Beijing vowed to keep the property market stable.
Uncertainties arising from Ukraine invasion threaten Asian banks’ asset quality: analysts
Impact on the financial market will ultimately depend on how events will unfold in the coming days.
Standard Chartered names global heads for CPBB business
Xie Wen and Mohamed Kerain are tasked with growing SC’s CPBB business.
Thailand banking system rallies to higher profits in 2021
Net profit is 23.6% higher compared to 2020.
Weekly Global News Wrap: Commerzbank profits better-than-expected; Goldman Sachs raises financial targets
And US investment banks turn bullish on China.
Industrial Bank of Korea fined $3.93m for selling fraudulent funds
IBK sold fraudulent funds of Discovery Asset Management, according to FSC.
BRI employs AI ‘brain’ to merge its digital and physical presence
BRIBrain has helped the bank reduce loan application times from 2 weeks to 2 minutes
Philippine banks’ credit costs to further decline in 2022
Profits are expected to strengthen throughout the year as the economy recovers.
Bank of the Philippine Islands’ asset quality is on the path for improvement: S&P
The bank’s non-performing loans ratio is expected to further decline in 2022.
Weekly Global News Wrap: India poised for digital rupee launch; UBS reports best annual profits since GFC
And Goldman Sachs’ US staff returns to office for the first time in 2022.
Thailand to issue virtual bank guidelines and allow fintech investments by lenders: report
BOT is aiming to issue the new guidelines by June.
SEA banks' more crypto exposure could hit earnings in the long run: Fitch
Banks looking to dab in crypto face operational, reputational, and legal risks.
Maybank appoints Dato’ Khairussaleh Ramli as group president and CEO
He rejoins Maybank from RHB, where he served as group managing director.
Commentary
From automation to agency: Asia’s wealth leaders can reinvent, not just streamline
Singapore aced its FATF evaluation — now comes the hard part
Are Asia’s digital banks prepared for the stablecoin era?
Why APAC is building home-currency stablecoins
Why Southeast Asian wealth managers must design the business before buying the technology
Why trust in Asian banking increasingly gets built off the record
Hong Kong cleared stablecoins for take-off. Getting them to work across Asia is the hard part
The financing challenge behind Asia’s wealth transfer
Banks need to rethink identity governance for AI agents
From stablecoins to sovereignty: The rise of trust-based digital dollar systems