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Weekly Global News Wrap Up: US banks' profits up 10.7% to $48.3b; How big tech is disrupting banks
Weekly Global News Wrap Up: US banks' profits up 10.7% to $48.3b; How big tech is disrupting banks
And find out why Frankfurt and Dublin seem to be winning the battle for Brexit jobs.
Chart of the Week: Singapore banks' ROEs to trend higher into FY18-19E
Maybank Kim Eng outlines three reasons behind this forecast.
OCBC's net profit to grow 3% in the next two years
This will be on the back of higher loan growth.
DBS invests $20m to train employees to become digital bankers
The bank will launch a programme that comprises AI-powered learning.
Why analysts see UOB's selective lending strategy attractive
The bank remains disciplined in its pricing.
Standard Chartered names Pedro Cardoso as global head, digital commerce
Standard Chartered announced that Pedro Cardoso has joined its Retail Banking team taking on the role of Global Head, Digital Commerce on 2 August 2017.
What will drive Singapore banks' sharp loan growth recovery?
The 7.6% growth in July was a significant improvement from the low of -2.7% in May 2016.
UBS appoints David Chin as Asia Pacific investment banking head
He will start in early September.
Bank of Tokyo-Mitsubishi UFJ appoints Sanjiv Vohra as co-head of corporate banking for Asia & Oceania
Vohra will join the bank on 4 September 2017.
Weekly Global News Wrap Up: Big banks beset by a US$340b bill for poor conduct; Bitcoin's unprecedented growth spur crypto-bubble fears
RBS to cut 880 IT jobs and Goldman Sachs to use personality tests in hiring.
Why a cyber attack could trigger the next financial crisis
The cost of cybercrime is estimated to hit US$575b per year.
Here's how Singapore banks fared in Q2
DBS, OCBC, and UOB reported growth in fee income.
Weekly Global News Wrap Up: Paris to beat Frankfurt in banking post-Brexit; British banks' rehabilitation plans thwarted by US DoJ delays
And Deutsche Bank is no longer in the list of the world's top 15 private banks.
Singapore banks' Q2 financial results say the worst could finally be over
DBS, OCBC and UOB met earnings expectations in Q2.
DBS net profit up 8% to $1.14b in Q2
The strong growth in loans boosted the group's income.
Weekly Global News Wrap Up: Banks may need $50b additional capital post-Brexit; European banks beat US rivals; Swedish banks launch robots
And the Financial Conduct Authority considers banning unarranged overdraft charges.
Why physical branches still matter amidst digitalisation
ICBC (Asia), OCBC NISP, Danamon, and other Asian banks reveal how they navigate the digital world whilst ensuring branches remain competitive.
Thought Leadership Centre
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1. Leading banks, financial companies lauded at Asian Banking & Finance Awards 2025 2. UOB acknowledges penalty for anti-money laundering breaches 3. OCBC Bank (Malaysia) Berhad recognised at Asian Banking & Finance Wholesale Banking Awards 2025 4. Revolut partners with Ant Int’l to enable transfers to China via Alipay 5. Standard Chartered faces legal battle over $2.7b fraud claims in 1MDB caseResource Center
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The awards programme lauded the region’s finest in financial technology.
