Wholesale Banking

Banks must expand net zero targets, set clearer O&G goals: org

Japan, SoKor have yet to set medium and long-term targets aligned with a 1.5°C scenario.

Banks must expand net zero targets, set clearer O&G goals: org

Japan, SoKor have yet to set medium and long-term targets aligned with a 1.5°C scenario.

StanChart rolls out ESG-linked cash account in Hong Kong, SG

Clients are rewarded when they meet ESG-related targets.

ING strengthens wholesale banking in the Philippines

The firm focuses on sustainable finance, digital investments, and infrastructure.

MUFG hires ex-UBS, SVB directors for healthcare finance arm

The hires strengthen MUFG’s middle market healthcare businesses.

EXIM Thailand inks MOU to support foreign investments

The bank will give special offers, such as special interest rates, to entrepreneurs.

Citi appoints new sales head for key Asian markets

She previously worked at Bank of America and JPMorgan.

Citi combines in Japan, North Asia, and Australia clusters

This covers markets in East Asia, Australia, New Zealand, Hong Kong and Macau.

SCB names ex-Citi banker as new SVP and chief wholesale banking officer

Parksuwan has worked for Citi Thailand and HSBC Bank Thailand.

Singapore to pilot use of wholesale CBCDs in 2024: Menon

MAS is also rolling out GPRNT.AI, an ESG data platform for financial institutions.

India assures banks it’s ready to manage outflow of Russian funds: report

Russian companies have accumulated billions of rupees in local banks.

UOB net profit up 53% in H1; 85 cents interim dividend announced

Net profit was S$1.4b in Q2 when including the one-off Citigroup integration expenses.

Singapore unveils industry guidelines for sustainable private banking

The industry group sustainability taskforce has also developed a training benchmark.

SWIFT rolls out pre-payment prediction service for cross-border payments

It identifies possible problems in the future payment based on previous data from 9 billion transactions.

SMBC names Priya Bellino as Head of ESG Solutions in APAC

Bellino’s prior career spans two decades with EY and Goldman Sachs.