APAC

CIMB appoints new CEO

Novan Amirudin will overtake Dato’ Abdul Rahman Ahmad next month.

How a global credential helps treasury professionals stand out in the Asia-Pacific job market

In a competitive skills-based job market, the CTP designation helps treasury professionals boost their credibility.

Streamline your bank with Appian: How low-code automation can fuel digital transformation

Learn how banks can leverage low-code automation to improve efficiency, transform digitally, and deliver better customer experiences.

Mizuho ties up with LSEG to enhance carbon credit market

Carbon credits can be issued as dividends, providing investors with a long-term supply.

UBS merges with Credit Suisse, APAC gets new lead

Iqbal Khan’s role will be effective 1 September.

India’s commercial banks’ non-performing assets shrank in 2023

Credit costs have declined, with public sector banks holding “substantial buffers”.

Top banks’ assets expanded 5.1% in 2023

HSBC is a top performer, whilst China Merchant’s Bank saw fees decline.

Fintech Nium chosen to issue virtual cards for HappyEasyGo

Nium is able to fund and issue virtual cards in over 20 local currencies.

Morgan Stanley’s James Corman to step down as executive chairman

He highlighted the successful transition of the new CEO in his announcement.

Swift extends ISO 20022 across entire payment chain

It worked with 14 banks globally, to standardise payments.

SG fintech UnaFinancial establishes microfinance company in Uzbekistan

The installment loans to be offered will have repayment terms of 3, 6, or 9 months.

HSBC unveils US thought leadership programme for Asian UHNWs

The three day programme will connect the UHNWs to tech leaders.

Islamic finance to become a $6.7t industry by 2027: LSEG

Malaysia and Indonesia are amongst the world’s top Islamic finance markets.

Low carbon push adds $8.4b addt'l revenue for APAC banks

Between 2031 to 2050, APAC banks will likely 

Only 60% of financial firms have cyber risk plans

The survey also revealed the top 10 business risks institutions are facing.

Shell companies and crypto propel money laundering risks in APAC

Trade-based ML is also on the rise, warned Forrester in its new report.