Retail Banking

Why LINE Bank chose Indonesia as its third home

After successful launches in Thailand and Taiwan, LINE is going steady in Indonesia.

Why LINE Bank chose Indonesia as its third home

After successful launches in Thailand and Taiwan, LINE is going steady in Indonesia.

Does geopolitics heighten risks of an East-West divide in the financial industry? 

HSBC’s potential Asia split may signal that decoupling between the West and China is growing.

Indonesia's PermataBank names new president director

Rusli has worked for international institutions, including Goldman Sachs and Accenture.

KASIKORNBANK’s stake buy of PT Bank Maspion unlikely to dent strength: Fitch 

Thai banks are on an expansion spree overseas amidst weak chances domestically.

MUFG closes HK$1.35b dual currency green term loan for Xinyi Glass Holdings

The three-year syndicated loan was 2.25 times oversubscribed.

Citi joins the Alliance for Green Commercial Banks in Asia

HKMA and the IFC jointly launched the Asia chapter of the alliance in 2020.

83% of StanChart SG employees are in hybrid work arrangements

The bank covered $5.09m in costs in April 2021 to help employees set up home offices.

MUFG Bank names ex-Indonesia country head as new Regional Exec for APAC

Daisuke Ejima was country head of Indonesia prior to his new role.

How Citi’s hiring spree sets into motion its $150b new AUM goal by 2025

The bank looks to hire 1,500 new employees in Singapore alone and triple AUM.

Public Bank net profits down 8.6% in Q1 as one-off tax bites

The operating environment remains challenging, the bank’s founder said.

Maybank adopts cautious outlook amidst geopolitical tensions, volatility

The Malaysia lender saw its Q1 profits fall compared to the same period last year.

Asia’s Top 20 banks by revenue bounce back in 2021

But the recovery may not be sustained in 2022 as constraints pile up.

EastWest Bank to appoint new CEO, President

New CEO is current strategy consultant for the bank’s parent company Filinvest.

Bank of Singapore appoints wealth planning head for Greater China

The bank has also hired a senior wealth planner, to be based in Singapore.

Foreign banks in South Korea see earnings fall in 2021

Fee and commission income shrank by over 230% during the fiscal year.

Liechtenstein’s VP Bank scales up Asian operations with new hires

The bank has appointed Johnny Heng as head of its Singapore branch.