Branch Banking

Citi entices Hong Kong’s ultra-wealthy with first-ever Global Wealth Centre

The 10,000-square-foot space is staffed by senior bankers and specialists.

Citi entices Hong Kong’s ultra-wealthy with first-ever Global Wealth Centre

The 10,000-square-foot space is staffed by senior bankers and specialists.

Why the universal banking model is no longer sustainable

Changing customer attitudes and lowered barriers to entry has transformed how banks’ fortunes are made.

HSBC to close 114 branches in the UK

Some of the closing branches serve less than 250 customers a week.

StanChart unveils first-of-its-kind affluent deposit account in Singapore

The new product is only available to its Priority Banking segment.

South Korea financial firms shutters 1,000 offline offices in one year

Banks closed 380 offline offices between March 2021 to March 2022, according to the FSS.

Deutsche Bank opens first Bangladesh office

It is their 15th market to be active in.

DBS Hong Kong shows off greener branch outfits

The bank is making a statement about the future not through a new product, but with its uniforms.

Retail bank sales fall as digital struggles to fill branch banking hole

Digital sales rose to a new record, but could not offset fall in branch sales.

MUFG Bank launches branch in India’s GIFT City

The bank now has six branches throughout India.

Dah Sing Bank temporarily shutters Shek Tong Tsui branch

Customers are advised to use mobile or internet banking services.

Philippine banks takes back pre-pandemic profitability in mid-2022: analyst

NPL in the country’s banking sector has peaked and will continue to decline.

Dah Sing Bank temporarily shuts down Shek Tong Tsui branch

The branch will undergo cleaning and disinfection.

Australian regulator revokes Citigroup’s banking license

This follows after CPL’s consumer banking business was acquired by NAB.

Taiwan banks ordered to take measures to safeguard elderly customers

Regulator urges banks to treat elderly customers fairly and reasonably.

Standard Chartered opens US$40m Greater Bay Area Centre in Guangzhou

More than 700 employees are now based in the GBA Centre.

OCBC NISP transforms its branch into a financial fitness gym

This is the bank’s way to instill the “FinanciallyFit first, CrazyRich later” mindset to the younger generation.

Taiwan’s bad loans shrank by $2.03b in January

NPL ratio for 39 domestic banks is now at 0.16%.