In Focus
Weak home sales risk worsening Chinese banks' bad loans
Banks’ property loan exposure is expected to fall 6% amidst ongoing caution.
3 days ago
Weak home sales risk worsening Chinese banks' bad loans
Banks’ property loan exposure is expected to fall 6% amidst ongoing caution.
3 days ago
60% of commercial banks don’t have women in C-suite roles
No woman was appointed CEO of a commercial bank over the past year.
APAC ex Japan investment banking fees in Q1 falls to lowest level in 8 years
Equity capital market fees were halved, whilst debt capital market fees were static.
Empathy deficit erodes customers’ trust in banks
Customers who feel valued are willing to spend more for banking products.
India’s stricter regulations to pull down FIs’ loan growth and raise costs
Loan growth is expected to register a 16% decline in 2024.
BPI Private Wealth aims to double assets and capture 25% local HNW market
CEO Maria Theresa Marcial says they are targeting US$53b in AUM by 2026.
How have banks’ wealth management pivots played out?
There’s up to $25b in fees to be made in Asia, but it’s a tough market, an analyst said.
Why Singaporeans are okay with locking away over $4b of their money
Customers can only access ‘locked’ money with a physical card or by visiting a branch.
Investor demand for China’s wealth management product still muted
Balance may grow in 2024, according to Fitch Ratings.
UOB’s Christine Ip reflects on 3-decade banking career and circling back to the arts
Ip believes that finance and creativity go hand-in-hand in building a holistic pool of talents in UOB.
StanChart's Maisie Chong on never saying no to seizing opportunities, paying it forward
Chong shares the joy of finding greater satisfaction and fulfilment through the course of work.
OCBC’s Mayda Lim in building the next pipeline of tech, banking talent
Lim weaves the need to support women bankers with the wider talent shortage in the industry.
Hong Kong’s total loans, deposits fall in January
This reflects fund outflows from corporates, says the Hong Kong Monetary Authority.
Loan rate cut weighs on Chinese banks’ interest margins, profits
China Construction Bank, ICBC, and CITIC Bank will be most negatively affected.
Number of fintechs in SEA to double by 2027
Singapore will have 867 fintechs for every 1 million people, UnaFinancial said.
How HomePay is combating renovation scams in Singapore
Money is put in an escrow account and disbursed when milestones are reached.
Hong Kong’s credit card issuers advised to seek more merchant deals
Most issuers focus more on onboarding card users, the study found.
Commentary
Beyond the Hype: Building Trust in Generative AI for a Secure Financial Future
Empowering green growth through sustainable finance in Bangladesh
The Transformative Power of Finance for the People
Asia's Voluntary Carbon Markets Beyond the Storm: New Opportunities for Financial Services?