03/28/2023
Xapo Banks marks a watershed moment for digital asset innovation by enabling members to bypass costly and time-consuming SWIFT payments and deposit and withdraw via USDC instead.
03/28/2023
With this Investment, VPBank will become an equity method affiliate of SMFG and SMBC.
03/27/2023
Included in this group are the Hong Kong arms of Bank of Communications, Bank of China and Shanghai Pudong Development Bank.
03/27/2023
Wee’s pay hike coincides with UOB’s record profits in 2022 which rose 12 percent to S$4.6 billion, largely due to higher net interest income from rising rates.
03/22/2023
The new branch is part of broader plans to «capture the growing Greater China-ASEAN trade and investment flows».
03/13/2023
The new service - the first of its kind among banks in Hong Kong - enables eligible individual customers to open an HSBC HK bank account with a passport via the HSBC HK App remotely.
03/06/2023
The completed sale of our consumer business in Vietnam puts us one step closer to delivering on our divestiture mandate as part of the firm’s strategy refresh.
03/03/2023
The completion of the acquisition had also included the transfer of approximately 575 Citigroup related staff to UOB Vietnam.
03/02/2023
Citi will also transfer approximately 3,200 employees to Axis and the transaction is expected to result in a regulatory benefit of $1.4 billion for the US lender.
02/24/2023
Group net profit for FY21 was S$4.86 billion, an increase of 35% from a year ago, underpinned by strong growth in non-interest income and lower allowances, which offset a decline in net interest income amid a low interest rate environment.
02/23/2023
Transformational Citigroup acquisition showing positive results.
02/10/2023
Appointment enables DBS to offer low-cost loans to help accelerate decarbonisation in the world’s second-largest economy
02/10/2023
Singapore banks, among the most well capitalised in the world, are also expected to report record full-year results, stoking market expectations of special dividends.
02/07/2023
The most recent financial development was a signed agreement between Hong Kong and Saudi Arabia’s stock exchanges to explore new collaborative opportunities, including cross-listings.
02/02/2023
CBA is the first Australian bank to provide account “NameCheck” on its digital banking platforms, as new “CallerCheck” feature is launched to verify it’s the bank calling a customer.
02/01/2023
The agreement also delivers on Nano’s strategy to focus on being a provider of technology to financial services companies rather than a home loan provider.
01/25/2023
The impairments will result in a reduction in AMP’s FY 22 statutory profit.
01/25/2023
Stablecoins are intended to hold a set value, for example $1, and come in a variety of forms.
01/20/2023
Retail banks need to develop core capabilities to improve customer centricity and deliver more delightful digital experiences.
01/13/2023
“The 25 basis point hike in January should be the last in the current rate-hike cycle,”