Singapore

Return on equity is pegged at 11.2%.

Today, bank compliance departments are under greater pressure than ever before. As the global economy struggles to recover, many banks are experiencing decreasing budgets and fewer resources dedicated to compliance functions.

Victor Choi was also promoted to head of markets and investment solutions in Asia.

He reports to Mr Marc Van de Walle, Global Head of Products.

See who will be leading which department.

Fitch Ratings’ outlook for Asia-Pacific (APAC) banks is a broad reflection of their ability to handle the risks of a less favourable external environment.

While private equity (PE) firms tend to be cautious and meticulous recruiters, rapidly growing players in Asia are willing to take a longer term view on hiring.

Batra replaces Ken Stratton who has decided to go into semi-retirement after 32 years in banking.

Decreasing NIM is the culprit.

Visa cardholders can now use their Visa cards to pay for transactions at select merchants in Myanmar.

It's not enough to offset higher funding costs.

Worse-than-expected margin deterioration is one risk.

Mild uptick in credit costs offsets single-digit revenue growth, says Barclays.

It recently partnered with Myanmar Agribusiness Public Corporation to host an investment forum.

It will provide services to alternative investment funds.

The financial globalization echo emotive gains primarily because of the deemed connectivity between highly fluid capital flows and the financial crises, that have become more pronounced in the past three decades.