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In The News

Connecting clients to Asean and BRI, the StanChart way

AS global banks ride Asean's heady growth and China's Belt & Road Initiative (BRI) projects, Standard Chartered's regional head Judy Hsu has her work cut out for her. What will help Ms Hsu - who took on the post of StanChart's regional chief executive, Asean and South Asia (ASA) on June 1, 2018 - was her former role as the bank's Singapore CEO. Singapore is the second biggest contributor to the UK-based Asia-focused bank and...


Who will be winner in e-payments: banks, independents or telcos?

OVER the next 18 months one of the more noticeable ways in which technology will impact daily life in Southeast Asia will be the means by which we pay for things. We will make fewer payments with cash and cheques and spend less time visiting bank branches and ATMs. Instead, we will be swiping plastic cards, scanning QR codes and transferring money to friends and merchants with a couple of taps on our mobile phones....


Julius Baer primes for second M&A wave in private banking

JULIUS Baer, ranked the fifth-largest private bank in Asia, expects consolidation in the private-banking market in the next three years, as competing players buckle under the strain of costs and call it quits, said its top executive. Speaking to The Business Times in Singapore, Bernhard Hodler, the bank's chief executive, said what sets the incoming second wave of mergers apart from the first wave - when Julius Baer scooped up Bank of...


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