News
Nomura appoints North Asia Head of Wealth Management
Nomura appoints North Asia Head of Wealth Management
This is in line with the company’s goal to build its International Wealth Management business.
Visa names Paulina Leong as Hong Kong, Macau market lead
Her role as the appointed General Manager is effective immediately.
Philippine’s NextPay reaches P3.2b transactions volume in 2022
The company is also looking forward to a Series A funding round in the second half of 2023.
Singapore and Malaysia launch cross-border QR code payment links age
Person-to-person fund transfers are targeted to finish by year-end.
Hang Seng China unfolds cross-boundary wealth management centre in GBA
It is the first cross-boundary wealth management in China.
Citi makes new appointments to Treasury and Trade business
This follows the ASEAN appointments from earlier this week.
Hong Kong-based Statrys launches SMEs cross-border payments system
The local payments solution will allow SMEs to make transactions in multiple currencies.
CICC hosts China-Japan Finance and Eco-Forum, launches fixed income app
The conference discusses the industry’s key issues and opportunities in China, Japan and Asia.
Sergio Ermotti returns as UBS CEO
The UBS board says his experience is ideal to manage the Credit Suisse acquisition.
Bank of Singapore appoints Ranjit Khanna as Middle East global market head and Dubai branch chief
The appointment is effective 3 April 2023 and subject to regulatory approval.
Disruption of DBS’ digital services is unacceptable – MAS
The last digital disruption happened 16 months ago or November 2021.
Citi names Rajak Madhok as global head of Citi Commercial Bank credit risk
Madhok will relocate to New York.
Weekly Global News Wrap: UBS appoints Sergio Ermotti as group CEO; French authorities search banks on suspicion of fiscal fraud
And a top US regulator said Silicon Valley Bank did a terrible job of managing risk.
Philippine President supports the merger of two state-run lenders
The merger of the two banks would make it the largest Philippine bank in terms of assets.
Crédit Agricole CIB opens wholly foreign-owned enterprise in Mainland China
The business will focus on cross-border mergers and acquisitions, encompassing purchases, disposals and capital raising.
HSBC launches AI-driven structured product for private banking clients in Asia
The portfolio is rebalanced weekly.
Hang Seng Bank, Chubb enter exclusive 15-year distribution agreement
Chubb will offer Hang Seng banking customers general insurance products and solutions.
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