Markets
Japan to extend RE loans to Costa Rica
Loans to help Costa Rica become carbon neutral by 2021.
Top Indian and Spanish banks sign cooperation agreement
MOU will support business operations of their clients.
New Indonesian banking law implemented by 2014
Limits foreign ownership in banks to only 51%.
RBI should regulate all home loans
State Bank of India sees no need for a separate regulator.
Heavy penalties for Singapore banks that facilitate tax evasion
New law takes effect in July.
Bank Danamon to distribute US$124 million dividend
Amount is equivalent to 30% of net income last year.
Taiwan’s FSC concerned about new business tax
Says it would cut weak profits in an unfavorable economic environment.
Exploring Asia’s banking dilemma on spending vs austerity
When Asian banks look to their European and US counterparts they see the polar opposite of their own post-GFC lending and banking reform initiatives...
Standard Chartered names Alvaro Patron as head, global corporate sales, financial markets
According to a release, Standard Chartered has appointed Alvaro Patron as Head, Global Corporate Sales, Financial Markets. Alvaro will be based in...
MUFG acquires Deutsche Bank real estate subsidiary
Japan's largest financial group buys US$3.7 billion loan portfolio of UnionBanCal.
Exploring financial accessibility for SMEs
According to ADB's recent news release showing that a gap of some USD 425 billion between importers and exporters among developing countries is to be...
China reorganizes Monetary Policy Committee
Cause is the retirement and reshuffling of committee members.
Chinese banks' shares underperform for the second consecutive month
Blame it CBRC's new rules for the WMP market.
RBI slams proposal for Unified Financial Agency
Central bank also nixes plan to remove its debt management powers.
Aussie banks investing massively in Asia
Australia’s cash flush banks’ holdings of Asian assets jump 315% since 2008.
HSBC says new Indian banking regulation not “sensible”
Indian and foreign-owned banks won’t be able to meet the new norms.
India likely to have one regulator for the finance sector
Five regulating agencies to be merged into a Unified Financial Agency.
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Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024
![Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024]()
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The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
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1. Labour force upskilling needed as SG nears 'super-aged' status 2. MAS, IBF working on gen AI job impact map 3. Australia’s P&N Bank scraps proposed merger with Beyond Bank 4. Australia’s P&N, Beyond Bank likely to seek other merger opportunities 5. Singapore’s financial sector employment rose 4,800 in 2023Events
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