News
Weekly Global News Wrap: India poised for digital rupee launch; UBS reports best annual profits since GFC
Weekly Global News Wrap: India poised for digital rupee launch; UBS reports best annual profits since GFC
And Goldman Sachs’ US staff returns to office for the first time in 2022.
Thailand to issue virtual bank guidelines and allow fintech investments by lenders: report
BOT is aiming to issue the new guidelines by June.
Siam Commercial Bank joins the Equator Principles Association
SCB joins 128 financial institutions from around the world who are also signatories.
SEA banks' more crypto exposure could hit earnings in the long run: Fitch
Banks looking to dab in crypto face operational, reputational, and legal risks.
South Korean banks’ mortgage rates hit highest level in seven years: report
The loan rate averaged 3.63% in December, 0.12 ppt higher than a month earlier.
Philippines’ BSP announces countermeasures against fake banknotes from ATMs
The banking regulator earlier warned the public of counterfeit notes from ATMs.
Maybank appoints Dato’ Khairussaleh Ramli as group president and CEO
He rejoins Maybank from RHB, where he served as group managing director.
DBS appoints Helge Muenkel as chief sustainability officer
Muenkel was ING’s head of APAC for sustainable finance and GCM.
DBS acquires Citi’s Taiwan consumer banking business
DBS will pay Citi in cash for the net assets plus a premium of S$956m.
Maybank SG new banking app enables online SME current account opening
The new Maybank2u SG (Lite) app offers e-angbao gifting and other money management features.
Weekly Global News Wrap: Bank of America's senior bankers receive pay raise; UBS buys wealth mgmt provider Wealthfront
And Deutsche Bank said it’ll undertake a $339m share buyback.
UOB injects $316m in capital to China subsidiary
Capital will be used to develop cross-border services and push sustainability strategy.
Indonesia launches real-time payments infrastructure BI-FAST
Twenty banks are already live and have access to 24/7 real-time credit transfers.
Merger of Philippine banks Landbank, UCPB to take effect on March
All accounts under UCPB will be transferred under Landbank.
Philippines' central bank warns public of fake banknotes from ATMs
The public is urged to examine banknotes carefully after using a machine.
South Korea completes first phase of digital currency feasibility test
The second phase of the test will be carried out until 22 June.
Indonesia prohibits financial institutions from trading crypto
OJK clarified that supervision of crypto is under Babbepti and the Ministry of Trade.
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