News
Hang Seng Bank names ex-Ping An deputy chief exec as new general counsel
Hang Seng Bank names ex-Ping An deputy chief exec as new general counsel
Mabel Chu served as deputy chief executive (functions) of Ping An OneConnect Bank.
Singapore leaders pay tribute to late banking tycoon Wee Cho Yaw
Wee was hailed as a visionary leader and for his contributions to education and culture.
UOB charman emeritus Wee Cho Yaw passes away at 95
He expanded UOB to a multinational bank present in over 19 countries and territories.
Hang Seng Bank names new risk committee chairman
Kenneth S Y Ng is stepping down from the role.
SG SMEs seek cross-border payments for overseas goals
6 in 10 small businesses use an app to make int’l payments, with 3 in 10 having experienced issues.
DBS merges brokerage, digital exchange with treasury markets business
The new group, Global Financial Markets (GFM), will be headed by Andrew Ng.
PH bank AUB takes e-wallet overseas with Alipay+ partnership
HelloMoney users can now pay via QR code in South Korea, Malaysia, and Hong Kong.
Standard Chartered, FreightAmigo team up to streamline financing for HK’s SMEs
The partnership will utilise "federated learning" developed by the Hong Kong ASTRI.
ASEAN banks show impressive uptime performance in 2023 – Brankas
The report calls for better customer awareness of disruption and recommends institutions to keep at least a 99% uptime.
UOB, CCPIT forge partnership to boost SEA trade
Both parties aim to strengthen supply chains, drive innovation, and promote sustainable development.
KakaoBank expands AI research at ICN10 data centre
Digital Realty's ICN10 data centre was selected for its optimized AI deployments.
South Korea cracks down on noncompliant private equity fund firms
Authorities first introduced the cancellation scheme in October 2021.
Citi names Luke Lu as head of banking in China
He will oversee all of Citi’s business and operations in China.
SMBC subsidiary establishes aircraft financing, leasing platform
The investment is targeted at US$1.5b for a three-year period.
BPI Debit Mastercard to undergo maintenance on 4 Feb
ATM, e-commerce, and POS transactions will be unavailable from 12AM to 12NN.
Bangkok Bank enables remote account identity verification through Boonterm kiosks
Customers need only a smart Citizen ID card and their reference code from the app.
Thailand banks’ profits underperform in Q4
Thai banks are expected to see THB130b in new bad loans in Q1, UOBKH warns.
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