News

APAC finance professionals more confident on economy but talent risks rise

US economy resilience and improvements in China and Japan propped up their confidence.

APAC finance professionals more confident on economy but talent risks rise

US economy resilience and improvements in China and Japan propped up their confidence.

PH’s BillEase clinched $5m investment from Credit Saison lending arm

BillEase has achieved profitability in 2023 and delivered 47% return on equity.

VPBank’s asset quality at risk amidst housing slowdown

About 1 in 5 of its loans are real estate loans.

Funding Societies, SGeBIZ to offer embedded finance solution for SG businesses

The solution aims to help businesses manage their cash flow.

Bank of Singapore HK names ex-chief of Credit Suisse HK as its new chief executive

Rickie Chan succeeds Cindy Wong, who will serve as advisor until 31 May.

Deutsche Bank cuts 10 private banking roles in Asia: report

The bank has cut about 60 roles in Singapore and Hong Kong over the past year.

Deutsche Bank appointed by Euroclear as cash settlement and forex bank in Korea

It involves bond activities for Korea Treasury Bonds and Monetary Stabilization Bonds.

StanChart joins Visa’s B2B Connect to enhance cross-border payments

It aims to facilitate faster and more cost-effective business-to-business (B2B).

Hong Kong’s Mox Bank one of fastest growing digital banks worldwide

Mox has the 7th largest credit card book in the city and has 550,000 customers.

Thailand’s TMBThanachart Bank eyes higher dividend payouts in 2024: analyst

The bank’s net profits rose 24% in Q1 compared to a year ago.

SCB X reports 2.6% higher net profit of $305.43m in Q1

Net interest income rose by fees and other income dropped.

1 in 2 Hong Kong adults trying to break free from parents’ bad money habits

Adults have the tendency to mirror their parents’ money habits, both good and bad.

Standard Chartered launches open banking marketplace with over 100 APIs

Clients can discover, identify, and test APIs in a sandbox environment.

Citi names Amit Dhawan as head of CCB Singapore

Dhawan has been head of emerging corporates for Asia since 2017.

4 in 10 Hong Kongers use alternative payments for online purchases

Online payment modes and payment cards are most preferred by Hong Kong shoppers.