APAC
Alipay+ available to Asian tourists for Barcelona, Madrid Clarins purchases
Alipay+ available to Asian tourists for Barcelona, Madrid Clarins purchases
About 60% of Clarins Spain shoppers are from Asian nationalities pre-pandemic.
Deutsche Bank announces two APAC M&A co-heads
The new appointees will report to the head of Investment Banking Coverage and Advisory, APAC.
Economic woes, higher rates weigh on Islamic banks’ financing growth
Indonesian banks may benefit from widening margins, however.
Visa taps seven APAC startups for digital payments innovation
Startup companies were chosen from India, Mainland China, Thailand, Singapore, and Germany.
Standard Chartered-FIS’ Worldpay to boost Straight2Bank Pay reach
This hopes to ramp up the bank’s functionalities to cater for businesses in Asia and other markets.
AT1 write-down ‘negligible’ to APAC banks, but should they still worry?
Analysts said APAC banks will suffer no direct impact from the Swiss bank but should keep an eye out on regulators.
Mastercard intensifies fraud protection measures for e-commerce sellers
About US$10.6b in fraud will potentially affect Asian merchants in 2023.
Acquisition of Citi’s ASEAN units to boost revenue: UOB
Total UOB cardholders in the region jumped 60% as of end-2022.
Amanda Lee named APAC head of third party manager solutions for Citi
All of Citi’s mutual fund sales team members in the region report to her.
Natixis CIB Global Markets Leadership Team branches out in Australia
Thomas Moffat and Oscar Austin have been chosen.
Modelling, simulation key to powering businesses forward in an everchanging macro-economic, geopolitical, and ESG landscape
Converging business with technology can improve profitability and performance.
Goldman Sachs shareholders call for bank to release net zero transition plan
The resolution is reportedly supported by 30% of shareholders.
David Ho joins DBS board
Effectivity of his appointment begins on 26 April.
Mastercard to remove first-use PVC plastics from payment cards by 2028
It will instead use recycled or bio-sourced plastics, the payments company said.
Citi’s institutional, corporate banking arm in Asia sees 14% higher revenue in Q1
The Institutional Clients Group’s net income for Asia went up 31% compared to Q1 2022.
HSBC says split bank would result in ‘erosion of earnings’
The bank responded to the strong statement regarding a break-up plan by Ping An.
Global fintech funding down in 2022: S&P
S&P Global expects fintech funding to rebound in 2023
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