Markets
China injects $15.5b cash into the financial system to maintain liquidity: report
The nation’s top leaders recently described economic recovery as “unbalanced and unstable.”
China injects $15.5b cash into the financial system to maintain liquidity: report
The nation’s top leaders recently described economic recovery as “unbalanced and unstable.”
China’s digital currency fails to excite locals: report
Chinese people showed little interest in switching from mobile payment systems of Ant, Tencent.
Singapore's finance sector to create 6,500 jobs in 2021: regulator
Approximately 6,000 of these new jobs are permanent positions.
Alternative Benchmarks for the New Normal
Latest Trends in LIBOR Transitions in Japan
Singapore, Thailand launch real time cross-border payments system
Participating banks’ clients will be able to transfer up to S$1,000 or THB25,000 daily.
HSBC stokes discontent amongst senior staff with pivot to Asia: report
Senior bankers reportedly expect friction with the regional chief, sources said.
DBS to acquire 13% stake in Shenzhen Rural Commercial Bank for $810m
It will become SZRCB’s largest shareholder upon the deal’s completion.
Citi APAC to add 1,100 relationship managers, private bankers for wealth arm
The bank expects AUM to expand by $150b under its Win-in-Wealth campaign.
Citi appoints co-heads of Citi Global Wealth in APAC
The bank saw record net new money inflows of $20b in the region last year.
MUFG appoints new head of ESG finance for APAC
In the newly created role, Colin Chen is expected to build the bank’s finance strategy in the region.
Japanese bank’s risk controls under test following Archegos fallout
After Nomura and MUFG, other banks are likely to announce losses related to the US investment firm.
Citi appoints Kartik Mani as the Head of Consumer Banking in Asia
He replaces Gonzalo Luchetti, who is the new head of consumer banking in the US.
ABF Wholesale Banking, ABF Retail Banking and ABF Corporate & Investment Banking Awards 2021 now open for nominations
Be a part of the prestigious celebration on 1 July.
MUFG's securities unit warns $270m in losses from unnamed US client: report
The losses will be reflected in the unit’s first quarter financial statement.
Japan's financial firms face activist climate votes as AGMs near
Mizuho was forced to vote on a climate-focused resolution in its AGM last year, but more firms are being targeted in 2021.
Mergers imminent amongst Japan’s regional banks: study
Ultralow rates, competition will hurt profits to the point where revenue no longer covers operating expenses.
HSBC Singapore names new global liquidity head
Winnie Yap will be responsible for treasury solutions for Singapore firms.
Thought Leadership Centre
In Association with
In Association with
Resource Center
Read Here
Advertise
Sign Up
Event News
Event News
Technology to underpin future of financial services
![Technology to underpin future of financial services]()
Banking Technology
Banks should boost their online infrastructure as digital assets become the norm.
Banks should boost their online infrastructure as digital assets become the norm.
Videos
Partner Sites
Thought Leadership Centre
In Association with
In Association with