Markets

Growing exodus of junior bankers poses talent shortage for banks in Asia: report

Even raises of up to 30% has failed to stop junior investment bankers from leaving.
1 day ago

Growing exodus of junior bankers poses talent shortage for banks in Asia: report

Even raises of up to 30% has failed to stop junior investment bankers from leaving.
1 day ago

Hana Financial clinches prelim nod to set up asset manager in Singapore

The group said that its entry in Singapore is a springboard to expanding globally.
4 days ago

Balancing regulatory drivers and customer experience in financial institutions

The event will bring together experts from LexisNexis Risk Solutions and the city’s leading financial players.
10 days ago

China’s Huarong likely to receive extraordinary government support: S&P

This also bodes well for its overseas bond issuer Huarong International.
14 days ago

India, Philippines banks in trouble amidst renewed infection surge

Emerging banks in Asia continue to be in a tough operating environment, says Fitch.
15 days ago

Bank of Korea to carry out mock test on functionality of digital currency: report

The test will reportedly start in August and run until June 2022.
21 days ago

Indonesia mulls digital rupiah: report

The central bank is looking at how it will help monetary policy goals.
22 days ago

Global banks on a hiring craze as they vie for rich Asians’ assets

HSBC, Goldman Sachs, and Citi are all eyeing a piece of the region's trillion-dollar financial market.
28 days ago

Qatar National Bank continues to be largest bank in MEA: S&P

It is also the 100th biggest bank globally.
29 days ago

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.”
1 month ago

China’s digital currency fails to excite locals: report

Chinese people showed little interest in switching from mobile payment systems of Ant, Tencent.
1 month ago

Singapore's finance sector to create 6,500 jobs in 2021: regulator

Approximately 6,000 of these new jobs are permanent positions.
1 month ago

Alternative Benchmarks for the New Normal

 Latest Trends in LIBOR Transitions in Japan
1 month ago

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.
1 month ago

HSBC stokes discontent amongst senior staff with pivot to Asia: report

Senior bankers reportedly expect friction with the regional chief, sources said.
1 month ago

DBS to acquire 13% stake in Shenzhen Rural Commercial Bank for $810m

It will become SZRCB’s largest shareholder upon the deal’s completion.
1 month ago

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.
1 month ago