Banking

HSBC’s head of global banking for Asia-Pacific is exiting lender
HSBC’s head of global banking for Asia-Pacific is exiting lender
HSBC Holdings’s head of global banking for Asia-Pacific, Christina Ma, is leaving the bank, according to people familiar with matter, as the lender restructures its business to keep a...
HSBC plans biggest investment banking retrenchment in decades
HSBC plans biggest investment banking retrenchment in decades
HSBC plans to wind down its M&A and some equities businesses in Europe and the Americas, the bank said on Tuesday (Jan 28), accelerating a shift to Asia in...
JPMorgan’s investment banking chair to step down, memo shows – The Business Times
JPMorgan’s investment banking chair to step down, memo shows – The Business Times
JPMorgan Chase’s global chair of investment banking and capital markets Kevin Willsey has informed the bank of his decision to retire at the end of March, according to an...
HSBC said to explore options for consumer banking in Australia – The Business Times
HSBC said to explore options for consumer banking in Australia – The Business Times
HSBC Holdings is studying options for its consumer banking business in Australia including a potential sale as the bank looks to further slim down its operations, according to sources...
iFast mulls more banking licences in the EU, Singapore amid global push
iFast mulls more banking licences in the EU, Singapore amid global push
The company’s banking business is a key part of its three-year plan, which includes reaching a target of assets under administration of S$100 billion by 2028 to 2030WHEN iFast...
Industrial stocks lead the way in 2024; analysts upbeat on banking, tech sectors this year
Industrial stocks lead the way in 2024; analysts upbeat on banking, tech sectors this year
The benchmark STI has risen 16.9% in 2024, marking its best year since 2017, though market watchers believe there is more room to growINDUSTRIAL stocks listed on the Singapore...
UOB names its corporate banking head Leong Yung Chee as new group CFO
UOB names its corporate banking head Leong Yung Chee as new group CFO
UOB has appointed Leong Yung Chee, its current head of group corporate banking, as its next group chief financial officer (CFO), the bank said on Friday (Dec 13). On...
Han Kwee Juan to replace Tan Su Shan as DBS’ head of institutional banking
Han Kwee Juan to replace Tan Su Shan as DBS’ head of institutional banking
DBS announced on Monday (Dec 9) that it has appointed Han Kwee Juan as head of institutional banking with effect from Jan 1, 2025.He will succeed deputy CEO Tan...
STI rises 0.6% as banking shares make strong gains amid mixed Asia markets
STI rises 0.6% as banking shares make strong gains amid mixed Asia markets
SINGAPORE stocks were close to a record high on Thursday (Dec 5) morning, but eased by the close.The benchmark Straits Times Index (STI) rose 22.74 points or 0.6 per...
Thai banking system has large excess liquidity: central bank
Thai banking system has large excess liquidity: central bank
THAILAND’S banking system has large excess liquidity and the central bank has not tightened its lending supervision, an assistant governor said on Monday (Nov 25), reflecting banks’ reluctance to...