APAC
APAC emerging markets buck global remittance decline
APAC emerging markets buck global remittance decline
China, India, and the Philippines remain “bright spots” for remittance activity, says Visa.
APAC banks grapple with rising commercial real estate risks
Office vacancies have jumped and CRE prices have dropped.
Citi appoints new sales head for key Asian markets
She previously worked at Bank of America and JPMorgan.
Natixis CIB appoints new APAC equity derivatives head
Arnaud Davoust will report to Eric Elbaz.
HSBC unveils new face for trade services with Global Trade Solutions
The bank outlined plans to give a safer, smoother digital trade experience.
Visa launches Subscription Manager service
It enables cardholders to view and stop recurring payments as needed.
High-net-worth market hits 4.8% in 2023
Thanks to an improving equity market and better macroeconomic environment.
Alipay+ enables QR payments in Mongolia for 12 foreign e-wallets
The e-wallets are from SEA, East Asia, and Italy.
CIMB appoints new CEO
Novan Amirudin will overtake Dato’ Abdul Rahman Ahmad next month.
test How a global credential helps treasury professionals stand out in the Asia-Pacific job market
In a competitive skills-based job market, the CTP designation helps treasury professionals boost their credibility.
Streamline your bank with Appian: How low-code automation can fuel digital transformation
Learn how banks can leverage low-code automation to improve efficiency, transform digitally, and deliver better customer experiences.
Mizuho ties up with LSEG to enhance carbon credit market
Carbon credits can be issued as dividends, providing investors with a long-term supply.
UBS merges with Credit Suisse, APAC gets new lead
Iqbal Khan’s role will be effective 1 September.
India’s commercial banks’ non-performing assets shrank in 2023
Credit costs have declined, with public sector banks holding “substantial buffers”.
Top banks’ assets expanded 5.1% in 2023
HSBC is a top performer, whilst China Merchant’s Bank saw fees decline.
Fintech Nium chosen to issue virtual cards for HappyEasyGo
Nium is able to fund and issue virtual cards in over 20 local currencies.
Morgan Stanley’s James Corman to step down as executive chairman
He highlighted the successful transition of the new CEO in his announcement.