July 5, 2023
Via: FinTech FuturesThe measures follow a series of meetings held with private sector experts, financial industry officials and research institutions since the end of February to improve the management and operating practices of the country’s banks. The Financial Services Commission (FSC) and […]
Activity, News, Retail Banking
May 28, 2021
Via: FinTech FuturesHSBC has announced a “strategic withdrawal” from its US retail banking operations, selling chunks of its business as it continues to focus on Asia. In February, the first notes of a withdrawal sounded as HSBC said it planned “organic and […]
Capital and Risk, Macroeconomic
February 18, 2019
Via: CNBCGlobal growth is expected to slow in the coming months, but Asian economies could hold up reasonably well, thanks to several “mitigating factors,” according to the chief executive of Southeast Asia’s largest bank. “The overall macro-economy will be a tad […]
September 27, 2018
Via: Banking TechnologyAnders la Cour, co-founder and CEO of Banking Circle, says: “Payment providers who join Banking Circle can offer ‘local’ cross-border payments, with low fees, good FX rates and fast transfer times. It’s a cohesive solution – there’s no differentiation between […]
January 6, 2016
Via: CNBCBarclays will announce investment banking job cuts across Asia next week, including closures in South Korea and Taiwan, sources with direct knowledge of the matter told Reuters. The British bank’s latest cost cuts as part of its global restructuring will […]
March 26, 2024
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