Latest News for: Asia pacific banking

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HSBC names Patrick Boumalham new global head of wealth sales

Reuters 08 Aug 2022
The move will expand Boumalham’s current responsibilities as head of wealth sales for Asia Pacific at the bank, and he will continue to be based in Singapore.Register now for FREE unlimited access to Reuters.com ... Meanwhile, the bank has promoted its current co-head of ...
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Axis Bank in partnership with CRMNEXT wins the Best CRM Implementation Award by Asian Banker

The Eastern Herald 08 Aug 2022
The event concluded on August 04, 2022 witnessed strong competition from over 200 leading banks across Asia Pacific, Middle East and Africa. The most prestigious awards in the banking industry, it measures both project implementation and sustainable business impact ... About Axis Bank.. Axis Bank is the third largest private sector bank in India.
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APEC slashes growth forecasts on inflation, Ukraine risks

Al Jazeera 05 Aug 2022
Asia-Pacific Economic Cooperation (APEC) has slashed its economic growth forecast for the region, citing risks including soaring inflation, the Ukraine war and new mutations of COVID-19 ... The outlook comes after the International Monetary Fund and Asian Development Bank last month downgraded their forecasts for the Asia Pacific region.
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Saxo Bank Japan is Terminating Support for MT4 in September 2022

Finance Magnates 04 Aug 2022
Saxo Bank is ending support MetaTrader4 (MT4) on 4 September 2022 with the exception of some customers ... In the Asia Pacific region, HSBC Singapore partnered with Saxo Bank towards the end of 2021 ... Since Geely Holding Group took over the firm, Saxo Bank saw a moderate 400% growth in client deposits in the Asia Pacific region.
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Analysis: Hong Kong's cheap funding window shrinks as banks feel cash tighten

Reuters 04 Aug 2022
"Indirectly, that will be the end game," said Patrick Law, head of Asia-Pacific FX and North Asia local markets trading at Bank of America ... "A sudden shot-up seems unlikely (but) we expect 1-month Hong Kong dollar HIBOR to climb further and banks will probably raise ...
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World markets breathe out after Pelosi leaves Taiwan

Business Day 04 Aug 2022
A survey from the European Central Bank showed that consumers in the eurozone are bracing for the economy to shrink and for high inflation to continue ... “I think the market's going to remain choppy,” said David Ratliff, head of banking and capital markets for Asia Pacific at Wells Fargo in Hong Kong.
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Seamless Group Inc., a Leading Global Fintech Platform, to Become Publicly Traded Via Combination with ...

Enid News & Eagle 04 Aug 2022
Currently, our prominent presence in South East Asia is focused in highly populated areas with a large unbanked population which make traditional banking services inefficient and expensive ... INDONESIA UNITED STATES SINGAPORE NORTH AMERICA MALAYSIA ASIA PACIFIC NEW YORK.
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How a celebrity CEO’s rule of fear helped bring down hot startup Zilingo

The Times of India 04 Aug 2022
In July 2019, James Perry, former managing director and Asia-Pacific head of technology investment banking for Citigroup Inc., joined Zilingo as its first chief financial officer ... has held senior management positions at tech companies including Google and Twitter in Asia Pacific.
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How a celebrity CEO’s rule of fear helped bring down hot startup Zilingo | Mint

Live Mint 04 Aug 2022
In July 2019, James Perry, former managing director and Asia-Pacific head of technology investment banking for Citigroup Inc., joined Zilingo as its first chief financial officer.  ... management positions at tech companies including Google and Twitter in Asia Pacific.
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How a celebrity CEO’s rule of fear helped bring down hot startup ZilingoZilingo's turmoil highlights ...

Deccan Herald 04 Aug 2022
In July 2019, James Perry, former managing director and Asia-Pacific head of technology investment banking for Citigroup Inc., joined Zilingo as its first chief financial officer ... has held senior management positions at tech companies including Google and Twitter in Asia Pacific.
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Property price slump continues across Australian cities

Xinhua 02 Aug 2022
"The rate of growth in housing values was slowing well before interest rates started to rise, however, it's abundantly clear markets have weakened quite sharply since the first rate rise on May 5," said CoreLogic's Research Director for Asia-Pacific division Tim Lawless.
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WB: Draw foreign PPP investors through liberalized laws

The Philadelphia Inquirer 02 Aug 2022
... World Bank Group chief economist for East Asia and Pacific, told the Inquirer on the sidelines of the Asia Infrastructure Forum 2022.
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Credit Suisse shares falter on bleak ratings news

FX Empire 02 Aug 2022
Moody’s said its downgrade reflected challenges the group faces in repositioning its investment bank, among other issues ... Currently one of the worst run banks globally ... House of Representatives Speaker Nancy Pelosi’s trip to Taiwan may also be weighing on the stock, given the bank’s sizeable Asia-Pacific exposure.
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Sea Limited to Report Second Quarter 2022 Results

The Facts 02 Aug 2022
Sea Limited (NYSE ... Hong Kong ... Shopee is the largest pan-regional e-commerce platform in Southeast Asia and Taiwan. SeaMoney is a leading digital payments and financial services provider in Southeast Asia ... ASIA PACIFIC SINGAPORE ... BANKING ONLINE RETAIL TECHNOLOGY PROFESSIONAL SERVICES ELECTRONIC GAMES ONLINE ENTERTAINMENT RETAIL INTERNET FINTECH FINANCE.
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Rate hikes favorable for Philippine banks, says Fitch

The Philippine Star 01 Aug 2022
The current monetary policy tightening cycle in Asia-Pacific is favorable for Philippine banks, but is not expected to result in a significant decline in credit growth and asset quality, according to Fitch Ratings ....

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