Markets
SMBC, RCBC ink MOU to promote foreign direct investments to the Philippines
They do this alongside the Philippine Economic Zone Authority.
SMBC, RCBC ink MOU to promote foreign direct investments to the Philippines
They do this alongside the Philippine Economic Zone Authority.
Mizuho, BPI renew business cooperation agreement
The agreement aims to provide Japanese companies with banking support in the Philippines.
Malaysian central bank warns against entities impersonating it
A social media post had claimed that the central bank is supporting an investment platform.
MUFG aims to double asset management exposure to JPY200t by 2029
The bank has outlined growth plans to grow its AM business.
Mizuho aims to join “trillion dollar club” in asset management: report
The bank is reportedly in talks with overseas asset managers for deals.
Former PH finance secretary appointed to monetary board
He joins a seven-member board headed by BSP governor Eli Remolona, Jr.
BDO to issue $89.2m in fixed-rate sustainability bonds
It has a tenor of 1.5% years and a coupon rate of 6.025% per annum.
Standard Chartered names ex-Citi banker as head of global securities
Stella Choe was most recently head of global network banking for APAC in Citi.
It's the most wonderful time of the year for ABF!
Asian Banking & Finance will be back on 8 January 2024.
MUFJ to buy Aussie pension company Link Group
The Japanese banking giant is acquiring 100% of issued shares of Link Group.
MUFG purchases 100% stake in Australian holding group
The acquisition is valued at AU$1.1b.
Banks face negative outlook in 2024 amidst bad loans, higher costs
ASEAN banks, however, will benefit from policy changes arising from geopolitical tensions.
Japan’s Mizuho invests in SG-based carbon exchange CIX
CIX will use the funding to build out its existing platforms and deepen offerings.
PH’s Sarangani Rural Bank ex-officers charged for breaking banking law
They have been sentenced to 5 years’ imprisonment and fined up to $877 each.
Mastercard, NTU launches new masters program on cybersecurity
The program is tailored for professionals seeking a spot in the cybersecurity space.
GBA’s financial services industry more ‘bullish’ for future prospects: PwC
Tech advancements are paving the way to new opportunities for cross-industry servicing.
Singapore to pilot use of wholesale CBCDs in 2024: Menon
MAS is also rolling out GPRNT.AI, an ESG data platform for financial institutions.