Sumitomo Mitsui Banking Corporation (SMBC) has appointed Joyce Tee as its new head of corporate banking for the Asia Pacific region, effective May 22. Tee brings…
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DBS CEO Tan Su Shan ranked as the sixth most powerful woman in business for 2025 by Fortune magazine. Having taken the helm of Southeast Asia’s…
Deutsche Bank Teams Up with finaXai to Explore AI in Tokenised Fund ServicingDeutsche Bank has partnered with Singapore-based fintech startup finaXai to explore the application of…
In Malaysia, MSMEs (Micro, Small, and Medium Enterprises) are a significant part of the economy, contributing to GDP and employment. Malaysia Urges Development Banks to Boost…
Deutsche Bank AG is a major German multinational investment bank and financial services company headquartered in Frankfurt, Germany. Deutsche Bank has received regulatory approval to operate…
Bettina Orlopp, Commerzbank’s CEO, plans to tell shareholders at this week’s annual meeting that the bank prioritizes executing its own strategy. She wants markets to see…
Danske Bank, Denmark’s biggest lender, announced first-quarter profits that exceeded forecasts. This news, coupled with their assessment that the global trade war will only moderately impact…
Bank of New York Mellon (BK.N) announced on Thursday that it “has received a licence to set up a regional headquarters in Saudi Arabia.” This move…
Morgan Stanley plans to lay off approximately 2,000 employees this month. A person familiar with the matter told Reuters on Tuesday. The reduction of 2% to…
HSBC’s headcount decreased by 3% last year as the new CEO focused on cost-cutting and implemented significant restructuring within the Asia-centric bank, according to its 2024…