APAC
HSBC sells Argentina banking operations with $1b loss
Grupo Financiero Galicia will be paying $550m for the unit.
HSBC sells Argentina banking operations with $1b loss
Grupo Financiero Galicia will be paying $550m for the unit.
60% of commercial banks don’t have women in C-suite roles
No woman was appointed CEO of a commercial bank over the past year.
Visa tokens bring $15b to Asia Pacific digital commerce in 2023
The company said Visa token issued has so far reached 1 billion.
APAC ex Japan investment banking fees in Q1 falls to lowest level in 8 years
Equity capital market fees were halved, whilst debt capital market fees were static.
StanChart’s SC Ventures and NEXT176 unveil Shariah-compliant wealth platform
It will merge SC Ventures’ Autumn with NEXT176’s 22seven into one new platform.
Brunei, Laos central banks formally join Regional Payment Connectivity Initiative
There are now a total of eight ASEAN central banks in the regional payment link.
Embedded finance market to double in four years
The industry’s growth is seen to continue at least in the next four years, mainly due to the B2B market.
The Transformative Power of Finance for the People
At the end of the day, financial inclusion should not be a privilege, but a fundamental right.
Empathy deficit erodes customers’ trust in banks
Customers who feel valued are willing to spend more for banking products.
SMBC reels new managing executive officer and co-head for Asia Pacific
Katsufumi Uchida succeeds Yuichi Nishimura in this role.
APAC banks ready for Basel III
Transition is not expected to have a substantial impact on capital requirements.
Asia's Voluntary Carbon Markets Beyond the Storm: New Opportunities for Financial Services?
There is considerable potential that voluntary carbon credits can become an asset class in its own right.
Are ATM cash withdrawals making a comeback?
About 2 in 3 markets studied saw ATM withdrawals rise as inflation squeezes on income.
How have banks’ wealth management pivots played out?
There’s up to $25b in fees to be made in Asia, but it’s a tough market, an analyst said.
Citi names Marc Luet as Asia North & Australia Cluster and Banking Head
Luet replaces Angel Ng, who is retiring on 5 April after 26 years with the bank.
Game changer: Gen AI can transform how banks tackle regulation and risk
Banks are advised to prepare a catalog of prod ready gen AI services and solutions.
Bancassurance market to surge 8.4% in CAGR by 2028
Market dynamics are seen to impact the stakeholders' behaviours and pricing decisions in the sector.
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Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024
![Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024]()
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The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
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Most Read
1. Labour force upskilling needed as SG nears 'super-aged' status 2. Cambodian banks breach covenants as bad loans surge 3. MAS, IBF working on gen AI job impact map 4. Australia’s P&N Bank scraps proposed merger with Beyond Bank 5. Australia’s P&N, Beyond Bank likely to seek other merger opportunitiesEvents
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