KBank moves to buy Satang Corp
Kasikornbank (KBank) has acquired Satang Corporation, a local cryptocurrency trading board, as it expands to digital asset operations...
top of page
Up to the Minute
Eager to stay up-to-date with the monthly news about business, banking, fin-tech and etc.? We ensure that you stay informed and never miss out on all the relevant developments.
Get ready to be in the know.
Search
Sep 29, 20231 min read
SoftBank Corp to raise $800m via bond-type class shares
SoftBank Corp plans to raise 120 billion yen ($808.79 million) via Japan’s first public offering of bond-type class shares, it said in a...
2 views
Sep 29, 20231 min read
Thailand-based KBank launches $100m fund for AI, Web3 & deep-tech startups
Kasikornbank (KBank), Thailand’s second-largest bank by assets, has launched a $100-million fund targeting artificial intelligence (AI),...
2 views
Sep 29, 20231 min read
HSBC to acquire Citigroup China consumer wealth business
HSBC is set to acquire Citigroup’s China consumer wealth management business, which manages more than $3 billion in assets, two sources...
1 view
Sep 1, 20231 min read
SCB CIO urges investors to avoid high-yield bonds
Investors are advised to avoid investment in high-yield bonds, especially those tied to Chinese real estate because of high debt and a...
1 view
Sep 1, 20231 min read
LH Bank unveils digital personal loans
LH Bank is introducing digital personal loans targeting younger customers, aiming for growth to 35% of the personal loan portfolio in...
8 views
Sep 1, 20231 min read
UBS to absorb Credit Suisse domestic unit
ZURICH - The banking giant UBS said Thursday it would fully absorb the Swiss unit of its recently swallowed rival Credit Suisse into its...
1 view
Aug 30, 20231 min read
KBank spins off investment business
Kasikornbank (KBank) is spinning off its investment business to a new entity with the aim of making profits of 5 billion baht over the...
2 views
Aug 30, 20231 min read
KBank appoints new president, restructures business operations
Kasikornbank (KBank) has announced the appointment of a new president and co-president, along with a restructuring of its business...
1 view
Jul 31, 20231 min read
KBank engages in regional markets through KBTG Vietnam's latest Tech Talents Hub
This year marks the first anniversary of the establishment of KBTG Vietnam Company Limited (June 28, 2022), or KBTG Vietnam, in Ho Chi...
0 views
Jun 30, 20231 min read
HSBC Launches Innovation Banking Brand
HSBC has unveiled the HSBC Innovation Banking, which includes the former Silicon Valley Bank UK (SVB UK) as well as newly formed...
1 view
Jun 30, 20231 min read
SCBX, KakaoBank Gears up to Apply for Virtual Bank License From Bank of Thailand
SCBX, the financial technology business group of Siam Commercial Bank, announced its readiness to apply for a license to establish a...
1 view
Jun 30, 20231 min read
There Are Only 11 Profitable Challenger Banks In Asia — Here’s The List
Most digital challenger banks around the world are struggling to turn a profit, hampered by high customer acquisition costs, burdensome...
1 view
May 30, 20231 min read
KBank halts plans to sell asset management stake
Kasikornbank (KBank) Public Company Limited, Thailand’s second-biggest lender, has halted plans to sell a stake in its asset management...
4 views
Mar 27, 20231 min read
Silicon Valley Bank: Collapsed US lender bought by rival
The assets and loans of collapsed US lender Silicon Valley Bank (SVB) are being bought by rival First Citizens BancShares. Investors...
1 view
Jan 23, 20231 min read
Banking on virtual success
Leading companies in the financial, tech and telecom sectors have expressed interest in developing a virtual bank business, with the aim...
2 views
Jan 19, 20231 min read
Jaymart to partner with Korea's KB Financial for virtual banking
Jaymart is expanding into virtual banking, by partnering with South Korea's KB Financial to beef up its infrastructure. The announcement...
1 view
Jan 12, 20232 min read
The Bank of Thailand issues Consultation Paper on Virtual Bank Licensing Framework
In February 2022, the Bank of Thailand (BOT) issued the Financial Landscape Consultation Paper on Repositioning Thailand’s Financial...
3 views
Dec 23, 20221 min read
Siam Commercial Bank wins two world-class awards
Siam Commercial Bank (SCB) has once again proven its superiority by being selected for prestigious Best Bank of The Year in the...
2 views
Dec 20, 20221 min read
UOBT prepares car title loan service for next year
United Overseas Bank (Thai) or UOBT plans to formally offer a car title loan service next year as part of its business expansion. The...
1 view
bottom of page