Where does Libor live in a bank? Why are banks in Asia not looking at Libor transition seriously? Which bank is racing ahead? It’s been an interesting couple of weeks for Libor transition watchers.
More than half of adults living in ASEAN are unbanked and, according to new academic research, fintech companies are not working hard enough to change this.
A recent McKinsey report states slowing Chinese growth coupled with digital headwinds could see the bigger fishes eat the smaller fishes across the world of Asian banking.
Korea: corporate tax to rise for the first time since 1990, Singapore: MAS establishes e payments council, China: Ministry of Finance clarifies SOE investment regulation, Vietnam orders banks to reduce interest rates
Sonal Priyanka has been hired away from BAML as Societe Generale’s new regional head of trade for global transaction banking Southeast Asia, India, and Middle East.