News

Bad loans of Philippine alternative lenders to decrease in 2022: study

The rate of their bad loans has hovered around 10% to 10.5%.

ING appoints ex-Westpac senior director as head of real estate finance in Australia

Darren Beatty has worked for the institutional banking teams of Westpac and CBA. 

Talent crunch threatens Hong Kong’s financial sector as expats flee: report

Inconveniences in overseas travelling may reportedly turn away much-needed talent.

OCBC implements anti-scam measures following increased phishing attacks

One measure is the removal of the clickable links in SMSes sent by the bank.

Hong Kong's ZA Bank can now offer investment services

The license will allow the bank to offer investment services.

MAS, Bank Indonesia beef up bilateral cooperation

The institutions will collaborate on payments innovation projects amongst others.

South Korea mulls easing restrictions on investing in fintech: report

The country’s top regulator shared plans to enact a new law on the matter.

Mizuho submits business improvement plan following tech failures

Mizuho most recently saw disruptions to its corporate online bank services on 11 January. 

Union Bank’s capital buffers to weaken following Citi purchase: analyst

Any potential earnings boost remain uncertain; whilst reduced capital will take years to rebuild.

Standard Chartered appoints Roel Louwhoff as chief of tech, operations, and transformation

He replaces current COO David Whiteing, who is moving back to Australia.

DBS to only send 'essential' SMEs to retail, wealth customers

The bank assured customers that it employs a multi-layered defence system against fraud.

Singapore launches new measures to bolster digital banking security

Banks are asked to remove links in emails and SMS sent to customers.