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Mathieu Forcioli will join the bank to lead growth across the wealth division from this autumn.

The bank has acquired a plot of virtual land in Animoca Brands-owned metaverse, The Sandbox, providing it with a new way to engage with potential and existing clients.

The bank has also announced one relocation to address energy transition opportunities in the Middle East.

The Hong Kong-based bank has made its first purchase in the metaverse, joining peer, JP Morgan, as it makes inroads in the world of virtual assets.

An accommodative policy stance and a large digitally native population in China reflect potential for growth, although trust will be key to sector’s development, say analysts.

In the first such issue from Singapore since 2018, UOB has brought a covered bond that is not only the city-state’s largest ever, it is also its first with a negative yield.

Meanwhile, other event participants bemoan a peculiar market characteristic wherein companies choose short-cycle borrowings over long-term bonds even for long-term needs.

Time spent with global investors allowed the central Asian republic to slash funding costs and refocus the economy away from coal while paving way for a future issuance.

With the first digital bond issuance in the region for Olam International, not only has SGX cut settlement to two days, it could now become Asia’s fixed income hub for bond issuers.