banking

Standard Chartered is providing full FX services with more services expected in Q4; FA understands that FalconX will partner with more banks soon.

Starting May 6 in Hong Kong, Casati will help build additional banking capabilities including advisory, financing and risk management.

Goh Ken-Yi, previously deputy CEO of RHB Singapore, succeeds Danny Quah, who is taking on a wider leadership position at the Malaysian bank, including a focus on international expansion.

The global investment bank has appointed the former Barclays and JP Morgan banker as a managing director in its financial sponsors group.

Matos will relocate from Hong Kong to Melbourne and replace outgoing CEO Shayne Elliot in July 2025.

Nimish Panchmatia says that AI is transforming banking, shifting the focus from transactional efficiency to a more human-centred approach that considers the long-term impacts on people and society.

From January 1, 2025, the bank will operate through four businesses: Hong Kong, the UK; corporate and institutional banking; and international wealth and premier banking. The Apac and Middle East units will also be combined.

Outstanding mortgage rates for individual borrowers will be cut by 0.5%, potentially helping around 50 million households, while the reserve requirement ratio (RRR) for most banks will also be cut by 0.5%.

Lawrence Goh to take on head of group technology and operations with Susan Hwee to become new head of group retail, replacing retiring Eddie Khoo who is joining UOB Vietnam as a senior adviser.