News

Bank of China HK’s HKD prime rate, savings deposit rate unchanged

Savings accounts with HK$1m will enjoy a bonus rate of 0.001% per annum.

BNY Mellon names Hong Kong chief executive

Francis Giglio will sit in place and his designation is effective immediately.

livi bank, FWD General Insurance launch pet care insurance

Survey shows that 77% of pet owners have not purchased any pet insurance.

HSBC winding down wealth, personal banking business in New Zealand

The bank can no longer justify investing into this business, it said in a statement.

Citi launches sustainable time deposit for India-based institutional clients

This is the product’s third market, after Singapore and Hong Kong.

HSBC plans to become top choice for VCs: report

It also plans to expand its focus to the Singapore market.

Bank of China Int'l Holdings issues first tokenised notes in Hong Kong

The product was derived from UBS, to which it marketed to its APAC clients.

SG banks strong and stable despite uncertain AT1 issuance market: experts

Banks are ramping up AT1 bond issuances after the Credit Suisse wipeout put a halt on issuances, observers said.

Kenanga Investment Bank commemorates 50 years

Clients can anticipate the Wealth SuperApp launch.

UOB outlook stable despite muted operations: Moody’s

Its recent acquisition will contribute positively to profitability.

Malaysia's AmBank, Alp Capital unveil point-of-sale QR payment for retailers

The new feature reduces the time spent reconciling transactions and e-wallet payments separately.

DBS launches multi family office platform

The bank is already in talks with over 20 clients and prospects across Asia.

UBS, Credit Suisse SG operations "uninterrupted" post-acquisition: MAS

Both banks will operate on separate licences in Singapore.

40% of APAC susceptible to scam, youth more vulnerable: Visa

The youth are 1.3 times more likely than older adults to have been victimised by scams.

UOB opens 10th FDI Advisory Centre in Japan

Since its launch, the advisory unit supported about 4,000 companies investing in the region.