News

Mizuho reports disruption in corporate online banking services

This comes almost a year after Mizuho suffered system failure in early 2021.

DBS named APAC’s top green, sustainability-linked mandated lead arranger 2021

The bank extended $4.86b in green syndicated and club loans across 40 deals.

UnionBank to buy Citi’s Philippine consumer banking franchise for $908m

Around 1,750 Citi employees are expected to transfer to UnionBank.

Taipei Fubon Bank to build new wealth management platform

The new platform will be launched in Hong Kong and Singapore before its Taiwan roll-out.

Citi Vietnam appoints new country officer

Ramachandran A.S. will oversee Citi’s operations and serve as main regulatory representative.

Hong Kong’s livi bank doubles customer base to 200,000 by end-2021

Its buy now, pay later service has received over 60,000 applications.

Reaching the future of banking through modernised operations and data management

Banks are now compelled to up the ante to compete with fintechs who have grown wise in leveraging data.

Happy holidays, one and all!

Asian Banking & Finance will be back on 10 January 2022. 

India’s card payments market to grow 31.2% in 2022

Growing adoption of electronic payments will help push up the card market.

VP Bank appoints Chris Chee as Chief Risk Officer for Asian operations

He has held leadership positions in RBC Singapore, ANZ, UBS, and DBS.

NTUC Income’s BIX onboard UOB Asset Management’s digital advisory service

UOBAM Invest is the first partner to be onboarded in the BIX platform.

Westpac hit with protest vote against exec pay plans: report

The Australian lender faces paying up to $81m for charging fees to dead people.

Why banks need more tech experts in their board rooms

Massive adoption of tech without critical tech advice from experts could spell doom for lenders.

Philippine-based BDO to reimburse 700 clients hit with online fraud

Clients allegedly lost thousands from unauthorised transfers to a UnionBank account.

Malaysia’s Kenanga Investment Bank appoints non-independent non-executive director

Choy Khai Choon also serves as independent non-exec chairman at Zurich Life.