Wholesale Banking
Mizuho Bank names new global transaction banking head
Mizuho Bank names new global transaction banking head
Hidekatsu Take will remain head of global corporate & investment banking.
Citi appoints Chelsea Chu as Taiwan head of Corporate Banking
Chu brings over 26 years of banking experience.
BOCHK partners with Manulife to launch multi-asset income solutions
It will draw on global income sources such as preferred securities and others.
Citi hires HSBC banker as head of China global banking network
Luen-Yuan Chu will head the corporate banking of international companies operating in China.
Commonwealth Private unveil self-directed investment option for wholesale investors
Private Wealth Advantage is a self-directed investment option for wholesale investors.
Cross-border B2B payments to reach 18.3 billion in 2030
Stablecoins unlock massive potential but need significant infrastructure to be built.
Mizuho to acquire 100% shares of energy advisory firm August & Co
The August & Co brand will be maintained.
OCBC names Elaine Heng as head of global commercial banking
Tan Yuen Siang will join the global wholesale banking leadership team.
Franklin Templeton names new co-heads of Global Official Institutions Group
The new office will serve central banks and sovereign wealth funds globally.
CIMB launches 6-year roadmap to enhance operations
Forward30 aims to position CIMB for long-term growth.
Deutsche Bank, Yonyou ink MOU to enhance treasury management services
They aim to support the globalization strategies of Chinese enterprises.
Ant Int’l sees growth in 4 divisions, Alipay+ holds 1.6 billion users
Cross-border transactions processed via Alipay+ tripled year-on-year in 2024.
Airwallex reports double-digit revenue, transaction growth for Q3
It expanded its startup and investment platforms in 2024.
Chinese banks set up offices at Dubai International Financial Centre
About 8 banks from China now have locations in the financial centre.
PH central bank completes proof-of-concept test for wholesale CBDC
Project Agila enabled banks to transfer funds during off-business hours.
Up to $50b of wholesale banks’ revenues at risk
But there’s about $15b in additional revenue up for grabs through 2027.
Citigroup’s profitability set to grow by 2025: Moody’s
Thanks to continued robust liquidity and strong capital levels.Citigroup and Citibank are expected to have a stable outlook, reflecting confidence in...
Commentary
Built to last: How Japan is approaching the cross-border payments challenge
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance