Business
From banking to the FIA: what Citi’s new Singapore head Lee Lung-Nien brings to the F1 governing body
Lee Lung-Nien has helped turn around a financially dire FIA, to the tune of a net 28.7 million euro swing Lee Lung-Nien – the first…
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Banking
Business
From banking to the FIA: What Citi’s new Singapore head brings to the F1 governing body
Lee Lung-Nien has helped turn around a financially dire FIA, to the tune of a net 28.7 million euro swing Lee Lung-Nien – the first…
Business
DBS, UOB, OCBC keep an eye on risks while banking on tokenised assets for the future
Hurdles such as a talent shortage and regulations stand in the way of local banks Singapore banks are accelerating their push into asset…
Business
DBS, UOB, OCBC eye risks while banking on tokenised assets for the future
Singapore banks are accelerating their push into asset tokenisation, but they are wary of regulatory and talent hurdles. Take DBS, for…
Business
Net-Zero Banking Alliance formally winds down after Wall Street exodus
THE world’s biggest climate alliance for banks said on Friday (Oct 3) that it has ceased operations, bringing to a formal end a project…
Business
Cordlife Group faces one-year suspension over cord-blood banking service lapses
This is the latest setback for the company following its mishandling of cord-blood units in 2023 Cordlife Group has been served a notice…
Business
Citi names banking veteran Lee Lung-Nien as new Singapore country officer and banking head
He will step into the new role on Oct 6, and is the first Singaporean to hold the post in 50 years Citi has appointed Lee Lung-Nien as…
Business
Citi appoints ex-JPMorgan banking veteran as Apac investment banking co-head
Citi has named Kaustubh Kulkarni as its new co-head of investment banking for Japan, Asia North and Australia and Asia South. Kulkarni…
Business
Citi appoints banking veteran as Apac investment banking co-head
Kaustubh Kulkarni is making the move after spending nearly three decades at JPMorgan Citi has named Kaustubh Kulkarni as its new co-head…
Business
ANZ starts cutting jobs in institutional banking division
Precisely how many roles will be eliminated from the restructure remains unclear, and the bank has said that it will update investors on…
Business
JPMorgan to boost corporate banking in India on investment jump
JPMorgan Chase is strengthening its corporate banking presence in India, focusing on sectors such as electric vehicles, data centres, and…
Business
Deutsche Bank puts India retail banking business up for sale
Deutsche Bank is exploring the sale of its Indian retail banking assets and has invited bids from domestic and foreign lenders in the…
Business
Barclays latest British lender to quit climate banking alliance
The NZBA lists more than 100 members on its website, including leading international financial institutions Barclays has become the latest…
Business
US consumer finance watchdog says it will replace Biden-era ‘open banking’ regulations
A federal judge on Tuesday paused a lawsuit against the US Consumer Financial Protection Bureau that had sought to strike down “open…
Business
HSBC Global Private Banking appoints new senior leadership across S-E Asia, Australia markets
HSBC Global Private Banking announced on Tuesday (Jul 22) a series of senior appointments to deepen its coverage across South-east Asia,…
Business
Citi to boost Japan investment banking headcount up to 15%, executive says
Citigroup plans to raise its investment banking headcount in Japan by 10 to 15 per cent over the next year and make new hires in…
Business
US banking giants reap gains from dealmaking rebound
Large US banks expressed optimism about the investment banking outlook for the rest of the year after dealmaking rebounded in the second…
Business
US bank profits to climb on stronger trading, investment banking
Major US banks are expected to report stronger profits next week, driven by buoyant trading and a modest rebound in investment banking.…
Business
Barclays names several leadership changes in its Asia Pacific investment banking unit
Richard Satchwell has been appointed head of capital markets financing for Asia-Pacific at Barclays, among other key leadership changes…
Business
HSBC private banking arm names new Apac head of wealth planning
Ann Ling brings more than two decades of financial services experience to the role, which she will assume on Jul 1 HSBC Global Private…
Business
TrueMoney stands out in Thailand’s virtual banking shake-up after licence win
Thailand is shaking up its sleepy banking sector. The Thai Finance Ministry’s decision to grant virtual bank licences to three consortiums…
Business
Singapore’s banking hub has a corner where cash is still king
In the heart of Singapore, a financial hub where billions of dollars zip around the world over computer screens in nanoseconds, there’s a…
Business
Singapore’s banking hub has a busy corner where cash is still king
In the heart of Singapore, a financial hub where billions of dollars zip around the world over computer screens in nanoseconds, there’s a…
Business
Unified Monitoring and Auditing for Hybrid IAM in Banking: How Grafana, CloudWatch, and Elasticsearch Power Real-Time Security and Compliance
As financial institutions accelerate digital transformation and adopt hybrid cloud infrastructures, managing identity and access across…