Singapore’s three major commercial banks, DBS, OCBC, and UOB, reported improved financial results for the first quarter of 2021

Sustainability reporting is mandatory for banking institutions in Bangladesh considering environmental and socio-economic and governance issues

The multi-billion dollar losses announced by Credit Suisse and potentially more from other global banks in the Archegos collapse are clear signs that apparently extensive financial reforms in the past decade and more have simply not gone deep and wide enough to rein in excessive risk taking from all counterparties in the industry.

Some have predicted that cash is on the way out. However, the demand for dollar, euro and yen has steadily increased after the global financial crisis. Despite the success of cashless technologies, cash appears to hold its own.

US multinational investment bank and financial services company Citi plans to shut down its consumer banking operations in 13 countries to refocus on wealth management in Asia.

The South African Reserve Bank published a consultation paper that looks into the possibility of setting up a first-ever domestic card scheme. Detractors however warned of troubles.

We are living in the most peaceful time in human history, with the lowest number of deaths from war in the last decade.

Grab is set to debut on the US market following its announcement to go public through its partnership with Altimeter.

Chinese e-commerce player Pinduoduo revealed in its latest report it recorded over 788 million annual active users, surpassing Alibaba’s 779 million registered users

The amount of assets has tripled under the net zero asset managers initiative which now has 73 global signatories. It accounts for one third of the global assets under management (AUM). Are the fund managers adding the right zeroes to cut down global emissions?

Greater need to drive innovation, business value and efficiency increased the momentum to cloud adoption and digital transformation among financial institutions (FIs)

Akshay Garg, CEO and founder of FinAccel that operates the credit finance platform Kredivo, shared challenges and strategic perspectives of credit-based payments and buy now, pay later industry in Indonesia

Bank of China (Hong Kong), the strongest bank by balance sheet in Asia Pacific in 2020, has the highest capital adequacy ratio (CAR) among banks with total assets of over $100 billion in Asia Pacific at the end of 2020. The bank is well capitalised, despite the decline in its CAR from 22.9% in 2019 to 22.1% in 2020.

Digital payment and financial tools enabled by mobile internet are becoming a powerful force to expand access to financial services in developing economies in Africa to reach the unbanked population.

The Chinese government has proposed establishing a joint venture with local technology companies to oversee the collection of data from Chinese consumers.