In a major show of force and leadership, the Federal Reserve announced sweeping measures to provide support for the flow of credit to American families and businesses. While the Dow initially showed a lacklustre response, the comprehensive package lifted major global markets.
In Asia Pacific, South Korea’s Kakao Bank, Alibaba-backed MyBank and Judo Bank in Australia are the top three digital banks that have raised the most capital
Technology has enabled the world of finance to innovate and diversify rapidly in recent years with the increasing digitalisation of banking services — and regulators have struggled to keep pace until now
In this, the first in the series of CEO Perspectives on the impact of and response to COVID-19, Maybank CEO and Group President Abdul Farid Alias accentuates the need for rigorous planning in times of crises such as the COVID-19 pandemic and the changes it will bring to the business landscape.
Tao Zhang, co-founder of Dao Ventures and founder of one of the first impact funds in China, discusses his latest clean food impact investment in Shenzhen and the slow development of the impact ecosystem in China.
Tao Zhang, co-founder of Dao Ventures and founder of one of the first impact funds in China, discusses his latest clean food impact investment in Shenzhen and the slow development of the impact ecosystem in China
The Singapore banking industry has persevered through challenges in 2019 such as global growth coming under pressure due to geopolitical and trade tensions, but the COVID-19 outbreak will be a greater test to the country’s financial sector stability.
Taiwan’s retail banking market is a highly mobile and digital maturing consumer market which continues to rely extensively on community branch banking services.
Alibaba’s first-round investor Benson Tam launches new listable structure to raise capital for smart city development in China through strategic investments in technology companies.
The financing of REDD+ projects through voluntary carbon markets introduces alternative economic incentives for local communities to change behaviour and preserve the forests.
Malaysian Prime Minister Muhyiddin Yassin has appointed Zafrul Aziz as the new finance minister. In light of the appointment, Zafrul has resigned from all positions at CIMB Group effective immediately.
A recent survey of 3,000 respondents in Indonesia, Japan, Korea, Philippines, Singapore and Thailand reveals that financial health beat well-being as top fear in Asia.
H. Srikrishnan, CEO and MD of Jio Payments Bank, reveals the bank’s strategy, planned initiatives and how the bank is building a viable operating model riding on the existing ecosystem of its parent company, Reliance Group
The hiring activity in the banking and financial services market will be driven by factors such as continuous digital transformation, new regulations and the issuance of digital banking licences
India is undergoing rapid transformation in terms of its digital adoption facilitated by favourable supply and demand side factors. These includes 4G rollout, low bandwidth costs and affordable mobile devices coupled with an increasingly-affluent population and widespread mobile technology adoption across key demographics. A “mobile-first” ecosystem is developing in the country that is transforming how Indians consume.
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