by Nehad Kenanie | Mar 9, 2017 | Asia, Payments, Singapore, Technology, Trade Finance, Uncategorised
(9 March 2017 – Singapore) The Monetary Authority of Singapore (MAS) has announced the successful conclusion of the proof-of-concept project to conduct domestic inter-bank payments using blockchain technology. The project, in partnership with R31 and a consortium of...
by Nehad Kenanie | Mar 8, 2017 | Asia, Executive Changes, Uncategorised
(8 March 2017 – Asia) Natixis has made two senior appointments in Asia further strengthening its Debt Capital Markets business in the region.The French firm said David So has been appointed Executive Director, Debt Capital Markets (DCM), Asia Pacific. Based in...
by Brett Williamson | Mar 6, 2017 | Asia, Market Share, Press Release, Research, Trade Finance, Uncategorised, Wallet Share
A staggering 75 percent of Corporates in Asia say that when it comes to Advice, they would use referrals or personal networks over their own bankers, the latest research from banking analysts East & Partners Asia (E&P) has found.The Asian Institutional Trade...
by Nehad Kenanie | Mar 3, 2017 | Asia, New Products, Uncategorised
(2 March 2017 – Asia) According to United Overseas Bank (UOB), it has launched Southeast Asia’s first virtual accounts payable solution, the UOB Virtual Payment Solutions suite.The bank says the new platform will assist “companies in raising their...
by Nehad Kenanie | Mar 1, 2017 | Asia, Business Development & Expansion, Mergers & Acquisitions, Uncategorised
(28 February 2017 – Asia) Singapore’s largest domestic bank, DBS Group is expanding its wealth management business and expects the segment will account for as much as a fifth of its revenues in a few years as it capitalises on a trend of Asia growing...
by Nehad Kenanie | Mar 1, 2017 | Asia, China, Foreign Exchange, Investment, Regulatory & Government, Uncategorised
(28 February 2017 – Hong Kong) China has announced that it will ease rules on offshore institutional investors hedging currency risks in the domestic forex market. The move aims to address a major hurdle that has deterred foreign investors from buying...
