btmu

The deal marks the largest purchase of a Thai bank in history and the biggest purchase by a Japanese bank across Southeast Asia.

Japan’s biggest lender transfers Randy Chafetz from its US business to lead global expansion.

ANZ joins other financial institutions queuing up to tap into Myanmar’s nascent but fast-growing financial markets. However, the rush into the emerging market poses serious operational risks.

Three years on and Swift’s trade services utility is still teething.

PayPal suspends payments for Japanese users, while JBIC steps up financing facilities in Asia.