01/03/2023
According to Reserve Bank of India (RBI) data, 2,331 fraud cases involving Rs 87 crore were reported by banking entities during the six-month period as against 1,532 frauds involving Rs 60 crore.
12/16/2022
The announcement of its China wind-down marks the final outstanding APAC market for withdrawal, as per an April 2021 announcement to exit 14 consumer markets globally where the bank lacks the scale to compete.
12/08/2022
Since March 2021, Hex Trust has been the first licensed digital asset custodian to support NFTs, including those that provide access to metaversal platforms such as The Sandbox.
12/05/2022
With this, customers can retire well by optimising their drawdowns of savings, investments and other retirement benefits wisely in real time
11/25/2022
Krungsri will hold 75% of the shares of HC Philippines and 75% of the shares of HC Indonesia, MUFG Bank will hold 25% of the shares of HC Philippines, and ADMF will hold 10% of shares of HC Indonesia.
11/22/2022
StanChart, which operates in 59 countries with a focus on Asia, Middle East and Africa, is seeing its European and U.S. clients move more business to low-cost Asia.
11/15/2022
The new HQ marks HSBC’s long-term commitment to Singapore and recognizes the city-state’s position as the regional hub for wealth management, innovation and sustainability, the bank announced.
11/08/2022
“It’s important to continue to examine how future exit strategies (from ultra-loose policy) will affect markets, and whether market participants will be well prepared for them,”
11/03/2022
The bank’s head of wealth research Surakiat Kahaboonsirihansa is looking to diversify clients’ portfolios, while also tapping into attractive regional themes including the economic reopening and growth in renewable energy investment.