Singapore, 14 January 2022 – United Overseas Bank Limited (UOB)’s subsidiaries have entered into agreements to acquire Citigroup’s consumer banking businesses comprising its unsecured and secured lending portfolios, wealth management and retail deposit businesses (the…
Read MoreBack Published on 17 January 2022 481 Views Print Private Client Services by Mercer appoints new head of Switzerland Marco Tullio Valiante 5 min read Private Client Services by Mercer (PCS), a market leader in…
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While the payments landscape has digitally transformed in leaps and bounds, the coming few years will be even more defining for the sector as financial institutions work to adapt better to the pandemic. One of…
Read MoreBack Published on 18 January 2022 361 Views Print Ravi Menon appointed Chair of the Network for Greening the Financial System 5 min read The Network for Greening the Financial System (NGFS) announced the appointment…
Read MoreBack Published on 18 January 2022 277 Views Print MAS issues guidelines to discourage cryptocurrency trading by general public 5 min read The Monetary Authority of Singapore (MAS) issued guidelines giving effect to MAS’ expectations…
Read MoreServing millions of merchants and customers around the country, AUB is a recognized innovation leader in the Philippine banking sector. Since its AUB PayMate merchant QR acceptance platform launch in 2017 via WeChat Pay, AUB has…
Read MoreSingapore, 14 January 2022 – United Overseas Bank Limited (UOB)’s subsidiaries have entered into agreements to acquire Citigroup’s consumer banking businesses comprising its unsecured and secured lending portfolios, wealth management and retail deposit businesses (the…
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2021 marked two trends in the crypto sector: the massive explosion of crypto-assets and the multitude of hacker attacks that led to significant risks. The total cryptocurrency market capitalisation fluctuated in the $1 to $3…
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Governments and regulators worldwide are taking measures to address the negative environmental impact of Bitcoin mining. It all started with China in May 2021, later in Sweden in November, and recently in the United States…
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The transaction covers the consumer banking business of Citi in Indonesia, Malaysia, Thailand, and Vietnam. The agreement comprises its unsecured and secured lending portfolios, wealth management and retail deposit businesses. UOB acquires Citi’s consumer franchise…
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