Markets

DBS appoints Helge Muenkel as chief sustainability officer

Muenkel was ING’s head of APAC for sustainable finance and GCM.
16 hours ago

DBS appoints Helge Muenkel as chief sustainability officer

Muenkel was ING’s head of APAC for sustainable finance and GCM.
16 hours ago

South Korea completes first phase of digital currency feasibility test

The second phase of the test will be carried out until 22 June.
2 days ago

Talent crunch threatens Hong Kong’s financial sector as expats flee: report

Inconveniences in overseas travelling may reportedly turn away much-needed talent.
4 days ago

Citi names new head of Global Subsidiaries Group for APAC

And the search for a new head of corporate banking for Australia and New Zealand is on.

China’s new foreign-friendly financial market brimming with opportunities, but limits still abound

If authorities remove the “execution-only” restriction in WM Connect, money flows in the channel could grow ten times bigger than the $22.5b quota, says EY’s Christine Lin.

Malaysia’s Kenanga Investment Bank appoints non-independent non-executive director

Choy Khai Choon also serves as independent non-exec chairman at Zurich Life.

Climate Risk and the Role of the Finance Sector

Climate change is the most urgent threat facing the world. It affects us all. The imminent risks are spelt out in detail in the recent IPCC Report, which was headlined around the world as “Code Red for Humanity.” The subsequent COP26 conference in Glasgow has seen world leaders agree on certain measures designed to reduce emissions and take concrete steps towards the decarbonisation of the world economy, including agreement on halting and even reversing deforestation. 

APAC banks' outlook stable, but face uneven recovery: Moody’s

Bank to maintain solid balance sheets with stable liquidity.

New COVID outbreak, inflation, rising interest rates pose risks to Singapore’s financial stability: MAS

Banks should have enough buffers and find climate transition risks manageable.

Deutsch Bank Wealth Management announces three new leadership appointments

Felicia Tan and Edmund Lee join from BNP Paribas; Dita Darmawan, from UBS.

HSBC appoints co-heads for commercial banking business in Asia: report

Amanda Murphy will lead South Asia and SEA whilst Frank Fang, the GBA.

Deutsche appoints ex-UBS exec as wealth vice chairman in APAC 

Mahesh is rejoining Deutsche after leaving in 2017.

Why a hybrid approach could help wealth managers to reduce client churn

Attributed to Gery Dachlan, Managing Director, South Asia and Australia, Avaloq.

Swiping away bank fraud

Authentication and verification of consumers require flexibility, convenience, and security. But the onus has always been on the customer to prove their identity.

Singapore to invest S$180m for AI research

Heng kicked off the SFF 2021 and announced two new national AI programmes.