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Singapore’s OCBC bank has significantly advanced its position in the regional payments sector by incorporating eight major Southeast Asian digital wallets into its banking app. This move has established the most inclusive bank-to-wallet ecosystem in the…
Switzerland’s largest bank posted a better-than-expected profit in the fourth quarter. The bank will also increase its dividend this year and buy back more shares. UBS posted a net profit attributable to shareholders in the fourth quarter of $1.653 billion,…
UBS is accepting convictions against its French subsidiary while keeping its legal options open in a tax dispute with French authorities for the group. UBS will pay a 1.9 million euro ($2.1 million) fine to French authorities. Last week’s French court ruling…
HSBC has reportedly lost four bankers in its debt capital markets team covering Chinese state-owned enterprises as the business faces pressure from the Huawei incident and stressed relations with the U.K. Managing directors John Hai and Jiang Song have left…
Family reasons were cited as the recent for the exit with an interim head being flown in from the U.K. Ed Jenkins steps down after joining HSBC more than a decade ago and less than a year after being named chief risk officer for the region. He will take a…
The bank will pay its final dividend of S$0.33 per share on May 26, after approval at the AGM. DBS Bank will hold its annual general meeting (AGM) by electronic means on April 30. As no physical attendees permitted in light of ongoing «circuit breaker»…
Gamification within Thai banking has proven to be a hit for fintech firm Meniga, which has seen the concept flourish enough to drive clients to top up savings to increase their «level». Meniga is focused on developing white-labeled digital user experiences…
Launched in 2010, StanChart’s ‘Here for good’ campaign showed how a bank could be a force for good by promoting economic activity that has a positive social impact. The new campaign retains the original brand promise but sharpens the bank’s focus on how banks…
