APAC
Citi’s institutional, corporate banking arm in Asia sees 14% higher revenue in Q1
The Institutional Clients Group’s net income for Asia went up 31% compared to Q1 2022.
Citi’s institutional, corporate banking arm in Asia sees 14% higher revenue in Q1
The Institutional Clients Group’s net income for Asia went up 31% compared to Q1 2022.
HSBC says split bank would result in ‘erosion of earnings’
The bank responded to the strong statement regarding a break-up plan by Ping An.
Global fintech funding down in 2022: S&P
S&P Global expects fintech funding to rebound in 2023
Rethinking fintech growth with a product-led approach
As we continue to experience economic uncertainty across the world, the Asia Pacific and Japan (APJ) region hasn’t been spared from the volatility.
Standard Chartered, IFC ink $700m investment to boost global trade
Since 2009, the programme has supported over $20.5b worth of transactions.
Delays in the Digitalisation of Asset Servicing Operations Lead to Financial, Reputation Losses
A range of industries has embarked on their digital transformation. In banking and finance, while payments and many customer-facing departments now offer digital banking services, many departments – such as asset servicing – continue to perform manual processes painstakingly.
Risk mitigation, the right partner is key to maximise efficiency, ROI
Whilst a large part of the banking and finance industry has embarked on its digital transformation, asset servicing operations – which include fund services, custody and accounting, outsourcing services, securities lending, payment of dividends, stock splits, tender offers, mergers and acquisitions, amongst others – continue to be driven by manual processes.
Discover the connection between performance, profitability, and sustainability with SAP
The virtual roundtable event explores the impact of driving holistic targets on a company.
Nomura appoints North Asia Head of Wealth Management
This is in line with the company’s goal to build its International Wealth Management business.
Citi makes new appointments to Treasury and Trade business
This follows the ASEAN appointments from earlier this week.
Sergio Ermotti returns as UBS CEO
The UBS board says his experience is ideal to manage the Credit Suisse acquisition.
Citi names Rajak Madhok as global head of Citi Commercial Bank credit risk
Madhok will relocate to New York.
HSBC launches AI-driven structured product for private banking clients in Asia
The portfolio is rebalanced weekly.
Citi makes two key appoints for markets, TTS business
Vandana Bhatter and Anoushka Dua have been named in key ASEAN leadership roles.
Did digital banks fail to disrupt?
Most became niche players, yet served their regulatory purpose, said McKinsey associate partner Hernán Gerson.
Technology Revolutionizes Capital Markets Platforms in Japan
The focus for financial and capital markets have shifted to a balancing act of monetary tightening to lower inflation without tipping into recession.
Project Nexus successfully links Eurosystem, Malaysia, Singapore’s payment systems
For the next phase, Indonesia, Thailand, and the Philippines will link their payment systems with Singapore and Malaysia.