Markets

HSBC Singapore names new global liquidity head

Winnie Yap will be responsible for treasury solutions for Singapore firms.

HSBC Singapore names new global liquidity head

Winnie Yap will be responsible for treasury solutions for Singapore firms.

Philippine banks' credit weakness to persist throughout 2021

Non-performing assets ratio is expected to rise to 5.5%-6% by the end of the year.

Bank accounts of suspected scammers can be frozen within a day: Singapore minister

Singapore Minister Desmond Tan lays out plans to prevent scams.

MAS unveils joint paper on managing remote working risks

Financial institutions are called to benchmark their practices against examples in the study.

No significant funds from Myanmar firms, individuals in Singapore banks: MAS

The regulator expects financial institutions to remain vigilant to any risk-posing transactions.

Japan's banking regulator surveys lenders on impact of COVID restrictions

The regulator is reportedly seeking to prevent a huge rise in bankruptices of businesses.

Bangladesh issues sovereign sukuk worth $463.24m

A total of 39 financial institutions participated in the auction.

Shopee parent Sea acquires Indonesia's Bank BKE

The tech startup has raised $3b in stock offering for its business expansion plans.

Pandemic-driven rapid digital growth benefits APAC incumbent banks

Despite the rise in digital banking demand, neobanks’ performances faltered compared to incumbent peers.

Debates arise on security law's effects on Hong Kong finance sector

Is there really a capital exodus from Hong Kong to Singapore?

What banks are getting wrong in their restructuring plans

Lenders are relying too much on past risk data and numbers instead of long-term growth prospects.

Singapore regulator floats guidelines to boost FIs' ethics, accountability

Senior managers responsible for core functions should be identified.

More profit woes for Chinese banks as regulators plan NPL hike

$160.9m of targeted full-year NPL resolution were completed in H1.

China's megabanks ramp up employment despite falling profits

The Agricultural Bank of China has already hired 4,500 people.

South Korean banks' FX deposits hit record $87.4b in July

Dollar deposits gained $2.76b during the month.