FeaturedFinanceHSBC issues green finance facility for UAE-based LamprellPritam BordoloiJanuary 27, 2021 by Pritam BordoloiJanuary 27, 2021 Around $48 mn has been raised which will be used on the Seagreen offshore wind farm project... Read more
FintechUK banks sign fintech pledge to further strengthen the sectorPritam BordoloiSeptember 16, 2020 by Pritam BordoloiSeptember 16, 2020 The initiative is launched by Tech Nation with support from HM Treasury... Read more
Wealth ManagementChina approves BlackRock, Temasek and CCB wealth management JVPritam BordoloiAugust 24, 2020 by Pritam BordoloiAugust 24, 2020 The announcement was made on the website of the China Banking and Insurance Regulatory Commission (CBIRC)... Read more
BankingFeaturedHSBC launches digital account opening in MalaysiaPritam BordoloiJuly 31, 2020 by Pritam BordoloiJuly 31, 2020 This follows Bank Negara’s Malaysia unveiling of a new policy document for eKYC... Read more
BankingFeaturedStandard Chartered to slash jobs on the back of profit dipInternational Finance Business DeskJuly 30, 2020 by International Finance Business DeskJuly 30, 2020 The bank has drafted a list of several hundred employees who will be eliminated as part of its cutback programme... Read more
FeaturedWealth ManagementDeutsche Bank names new head for SE Asia wealth managementPritam BordoloiJune 22, 2020 by Pritam BordoloiJune 22, 2020 Chow Shang-Wei served as the managing director of HSBC Private Bank... Read more
FeaturedFintechSingaporean fintech Spark secures $10.5 mn funding from Citi, HSBCPritam BordoloiMay 15, 2020 by Pritam BordoloiMay 15, 2020 Spark’s will use the funds to further develop its in-house technology... Read more
BankingFeaturedHSBC resorts to cost-cutting measures affecting up to 10,000 jobsInternational Finance Business DeskApril 22, 2020 by International Finance Business DeskApril 22, 2020 The move is under the leadership of interim CEO Noel Quinn... Read more
FeaturedPorts and Shipping10 banks commit $9 bn in loans as a part of DP World debt dealPritam BordoloiMarch 20, 2020 by Pritam BordoloiMarch 20, 2020 The group of 10 banks includes Credit Agricole, Emirates NBD, First Abu Dhabi Bank, HSBC, JPMorgan, and Standard Chartered... Read more
BankingFeaturedHSBC combines wealth and retail banking to create new global businessBharath KumarMarch 3, 2020March 18, 2020 by Bharath KumarMarch 3, 2020March 18, 2020 The decision to merge its banking units comes as it prepares to slash 35,000 jobs globally... Read more