News
Visa names new chairman and regional president for APAC
Visa names new chairman and regional president for APAC
Visa Japan’s country head Stephen Karpin is the new regional president, whilst Chris Clark ascends as chairman.
Malaysian banks troubled by weak loan growth in 2023
Loan applications contracted 16.1%, according to UOB Kay Hian.
Standard Chartered clinches approval to set up securities firm in China
It will receive an initial capital injection of over $155m.
ZA Bank names former chief executive of rival virtual bank as new CEO
Ronald Iu joined ZA Bank’s parent ZA International in February 2022.
GXS Bank names former SGX president as group CEO
Since stepping down in 2019, Muthukrishan Ramaswami has served on the boards of GovTech Singapore and Temus.
Nomura Holdings’ net income up 11% to $508m in Q3
Net revenue was up 24% compared to the year ago.
Weekly Global News Wrap: Grupo Mexico clinches $5b to buy Citi assets; Brazilian banks may set aside $890m for Americanas losses
And the UK lays out plans to regulate cryptocurrency.
IWG, Standard Chartered launch co-working space within bank branch
Spaces@SCB is located within the bank’s Serangoon Gardens branch.
Techcombank reports profit before tax of $1.09b in 2022
Net interest income grew 13.5% during the year.
Citi named sole arranger of CABEI’s 10-year JPY7b and 10-year US$130m ESG bonds
The bonds will be issued to Japanese and Taiwanese investors, respectively.
Mortgage loans in Hong Kong drops by nearly 10% in December
Loans stood at HK$25.6b during the month, the Monetary Authority reported.
Natixis CIB names Cécile De Sousa as APAC COO
De Sousa will focus on developing domains of merging tech for the bank.
Natixis names Gregoire Bielle as APAC head of private credit sales
Bielle will be responsible for the bank’s private credit sales team in APAC.
Natixis names William Xiong as new head of loan syndicate for APAC
Xiong first joined Natixis CIB’s loan syndication team in 2017.
Deutsche Bank names Johanes Oeni as SEA head of international private bank
Prior to his new role, Oeni led the WM business of Credit Suisse in Indonesia and Malaysia.
Hong Kong banks offer up to 30% salary raise amidst talent crunch
Talents for in-demand roles can clinch salary increments as high as 30%.
Sustainable fund inflows reach record high, but Asian firms register slowdown
Asia ex-Japan and China lost $22m of funding in Q4.
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