hsbc

Upon completion of the transaction in 2027, OCBC Indonesia’s AUM will increase by 25% and the bank's credit card balances will grow by more than 150%.

In a milestone development for the SAR, the two firms plan to launch and integrate stablecoin related payment products over the next few months.

Rahul Badhwar will start as senior country officer in July in Mumbai.

The bank's shares climbed as it beat analysts' expectations despite facing a commercial real estate charge of $700m in Hong Kong. Chairman Brendan Nelson is confident of growth in Asia this year.

Hong Kong payment platform Wonder has raised $12m in venture debt from HSBC Innovation Banking to accelerate its regional expansion.

Hong Kong-based Huang was most recently executive vice president of the Hong Kong Green Finance Association.

Nelson has been interim chair since October 1 after Mark Tucker left the global bank to rejoin AIA.

Deutsche Bank has appointed Cora Chiu as head of investment management, North Asia, to replace Cedric Ko.