Markets

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...

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...

Singapore to invest S$180m for AI research

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

Hong Kong mulls launching own digital currency: financial secretary

This is part of HKMA's initiative to 'push all banks to go fintech'.

Climate Finance Taxonomy: 5 Principles to Steer Transition 

The accelerating impact of climate change is growing more evident by the day, necessitating substantial shifts in financial market structures and...

Citi names global head of D10X under institutional clients group

The D10X focuses on the development of new solutions for Citi's institutional clients.

China deems 19 banks 'too big to fail'

These banks face new capital and regulatory requirements.

China mulls adding crypto mining to 'negative list' of industries: report

Industries under the list are deemed off-limits for investments.

Only six new digital banks in the Philippines for now: BSP head

All nine additional applicants failed to submit documents.

Hong Kong bankers’ exodus accelerates amidst strict quarantine rules: report

UBS recently shifted to two senior bankers and might move eight more to China.

Relaxed regulation heightens Thailand banks’ systematic risks: S&P

NPL ratio is expected to rise to its highest since the 2009 financial crisis.

Citi APAC appoints head of sustainability & corporate transactions for BCMA group

Rapheal Mun will relocate from Singapore to London for her new role.

Banks welcome launch of Wealth Management Connect in Guangdong-Hong Kong-GBA 

BEA highlights hiring plans, whilst Citi says it will offer 100 types of wealth products under WM Connect.

China’s anti-graft agency investigates China Development Bank VP: report

He Xingxiang is suspected for “severe discipline and law violations.”

Citi boosts Asia ECM team with new hires

A couple of former JP Morgan bankers are joining the global bank’s ECM crew in Asia.

China makes biggest cash injection in banking system since February: report

The PBOC has injected a net CN¥120b into the system for this week.