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Hang Seng Bank taps Derek Ngai as new head of audit
Ngai was head of audit for Hong Kong and Macau at HSBC.
Hang Seng Bank taps Derek Ngai as new head of audit
Ngai was head of audit for Hong Kong and Macau at HSBC.
Health, retirement are affluent Asians’ top financial worries in 2024
Globally, 3 in 10 Baby Boomers surveyed are still behind their savings goals, says HSBC.
Malaysia's private loans grew 5.5% in July
Growth of working capital loans drove up the number of business loans.
Risk mgmt efforts to preserve Citic Group’s capital vs profit pressures
Banking subsidiary to manage “modest growth appetite” despite narrowing margins.
Maybank kicks off Islamic banking operations in the Philippines
It is the first commercial bank in the country to get an IBU license.
HK-listed Chinese banks deliver 23% higher returns in 8M 2024
Major banks’ plans to distribute interim dividends lifted market sentiment.
Hong Kong’s ZA Bank achieves monthly net profitability
The bank has over 800,000 users in the city.
Siam Commercial Bank announces disruptions to SCB EASY app
It will be unavailable from 1AM to 5:30 AM on September 21-22.
Weekly Global News Wrap: Tech, rate woes weigh on regional lenders; VP Bank exiting Hong Kong?
And Russia’s Sberbank says it's business in India is booming.
Net interest margin to strain China Construction Bank’s profitability
Lower provisions could help offset earnings pressures.
Citi nabs J.P. Morgan banker to head investment banking financing
Achintya Mangla is now in charge of financing duties for Citi’s global DCM, ECM, syndicate and private capital markets.
CashOn to explore digital currency lending matching services
It signed a strategic cooperation memorandum with Wuxi Huishan (Shenzhen) Innovation Center.
iFAST Global Bank unveils cross-currency transfer service
This allow money transfers to over 50 countries in more than 25 currencies.
Bank of China to weather potential losses, asset quality strains: S&P
Bad loans ratio for its mainland property loans has shrunk to 4.94% in June 2024.
Citi nabs BofA, ex-Goldman Sachs’ bankers to boost ANZ markets business
The new senior hires also come from Perennial Partners and MST Financial.
Agricultural Bank of China to withstand property crunch
Exposure to the mainland property sector has shrunk to 3.67% of its loan book.
UnaFinancial reaches $2b in loan disbursements
At least 65% of its 17.7 million customers get another loan from them.
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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. GXS Bank launches term deposit product Boost Pocket 2. China’s big four banks face $100b shortfall in loss-absorbing capital 3. Labour force upskilling needed as SG nears 'super-aged' status 4. Cambodian banks breach covenants as bad loans surge 5. Tottenham Hotspur taps Ant International as global payment solutions, digital wallet partnerEvents
<time datetime="2024
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