Retail Banking

Citi unveils 12-week sabbatical leave programme for long-time employees

The programme is available to employees in Singapore, Hong Kong, and Japan initially.

Citi unveils 12-week sabbatical leave programme for long-time employees

The programme is available to employees in Singapore, Hong Kong, and Japan initially.

Citi appoints Angel Ng as head of APAC Global Wealth Management

She takes over from co-heads Fabio Fontainha and Steven Lo.

RHB appoints Mohd Rashid Mohamad as new group CEO

He formerly served as managing director of group wholesale banking.

Axis Bank’s Citi purchase to improve profits long-term: S&P

Positive effects will only be felt starting fiscal year 2025 and onwards.

Axis Bank to buy Citi’s Indian consumer business for $1.6b

Axis Bank expects to gain more or less 3 million customers.

China’s largest banks resilient to negative shocks in 2022: Natixis

Government stimulus is expected to support loan growth throughout the year.

Bank of China shifts attention back to mainland for growth: S&P 

Traction from its wealth management business will support profits.

DBS China appoints Ginger Cheng as new CEO

Current CEO Neil Ge will be retiring from the bank at the end-June 2022.

MUFG Bank joins think tank for CO2 and storage capture tech

CCS is expected to play a role in reducing CO2 emissions in the world.

1 in 4 retired investors interested in digital wealth management services: study

Wealth managers are called to ramp up digital services for retired investors.

Gov't support, high vax rates buoy Korean banks’ asset qualities: Fitch

But increased competition in lending may give rise to risks in the long-term.

Could China’s financial infrastructure play 'white knight' to embattled Russia?

Any move to play saviour could also damage China, warns Natixis.

Over 2 in 5 Citi Asia women bankers in senior roles

In Taiwan, 60% of its female employees are AVPs and MDs, according to Citi.

Commonwealth Bank of Australia sells 10% stake at Bank of Hangzhou for $1.3b

CBA has agreed to maintain a 5.57% shareholding in the bank until Feb 2025.

Standard Chartered India appoints Saurabh Jain as new WM head

Jain first joined Standard Chartered in 2019 as CEO of its Indian securities business.