Bhuchar, who once worked at DBS for over a decade, will join the Japanese bank in Singapore to oversee cash and trade products for Asia Pacific clients.
Norwegian government-owned Norfund is investing with a view to boost financial inclusion in Vietnam, adding to a list of SeABank’s foreign institutional investors.
With real-time payments on the rise, a FICO survey suggests that customers in Southeast Asia place almost the same emphasis on fraud protection as convenience when opening up bank accounts.
The Bank of Thailand opened its application process to set-up digital only banks in late March, and is expecting licensed parties to commence operation within a year of qualification.
Amit Dhawan will keep the role as head of emerging corporates for Asia in a dual remit, effective April 22, and will replace Hsiu-Yi Lin, who has left the bank.
The Tokyo-headquartered global bank is looking to expand its corporate banking and DCM business in China, at a time of heightened geopolitical tensions and economic uncertainty. Two senior execs explained to CT why.