Markets
Korean banks began compensating investors for HK ELS-linked losses
Shinhan Bank and Hana Bank have begun compensating customers.
Korean banks began compensating investors for HK ELS-linked losses
Shinhan Bank and Hana Bank have begun compensating customers.
Natixis IM names Mark Kwek as head of wholesale in SEA
Kwek joins from JPMorgan Asset Management.
The Transformative Power of Finance for the People
At the end of the day, financial inclusion should not be a privilege, but a fundamental right.
Japan’s policy rate may rise to 0.25% by end-2025: Fitch
Regional banks will not benefit much from rising interest rates, however.
BSP says ‘Currency Computing Mining Machines’ not under its purview
The Philippine central bank also warned against SKPOOLS MINING CORPORATION.
The Philippine central bank has warned the public against “Currency...
Asia's Voluntary Carbon Markets Beyond the Storm: New Opportunities for Financial Services?
There is considerable potential that voluntary carbon credits can become an asset class in its own right.
Japan exits negative interest rate policy on record wage hikes
With salaries rising by 5.28% on average, the BOJ sees cycle of wages and prices more “solid”.
EXIM Thailand inks MOU with SINSOURE; to provide risk, investment support
It aims to facilitate market penetration for Thai and Chinese exporters.
11 South Korean financial firms found violating rules in selling HK-tied securities
Authorities will soon issue a guideline for the firms to compensate investors.
Malaysia, Cambodia float plans to link domestic payment systems
They are also aiming to eventually enable cross-border QR payments between the two countries.
Citi names J.P. Morgan banker as head of banking, executive vice chair
Viswas Raghavan was CEO of J.P. Morgan in EMEA since 2017.
Citi names Joy Cheng as head of Hong Kong commercial bank arm
Cheng brings 30 years of banking experience to the role.
German, Philippine central banks ink MOU for personnel training
Deutsche Bundesbank will carry out training services and advisory assistance for BSP personnel.
Thai broker KKPS, Nasdaq ink deal for banking and brokerage risk platform
KKPS is expected to benefit from a rapid onboarding process.
Norinchukin Bank agrees to invest in food and agri startup fund
The bank will also support growth of food and agri startup companies.
Mizuho names new president and CEO for trust banking arm
Kenichi Sasada was head of the asset management division and real estate unit.
South Korea cracks down on noncompliant private equity fund firms
Authorities first introduced the cancellation scheme in October 2021.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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