In Focus
Why banks need fintechs to buoy loan growth
Why banks need fintechs to buoy loan growth
Loan demand has doubled in Singapore, and fintechs can help onboard quality clients.
Why tech is not the focal point of banks’ digital transformations
About 70% of digital transformations fail, an industry expert warned.
How banks should rethink pricing
It’s not just about how much customers pay but also what benefits they get.
Hong Kong SME’s funding gap at $21.7b
About 1 in 3 small businesses who need money choose not to get a loan.
Zed challenges banking norms with no interest, forward-looking credit card
The soon-to-be-launched card will underwrite based on present and future income, not just past financial records.
Weak home sales risk worsening Chinese banks' bad loans
Banks’ property loan exposure is expected to fall 6% amidst ongoing caution.
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.
Commentary
The Asian connection: China's path to sustainable growth