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UOB's profits up 18% to $2.96b in 2018
22 Feb 19
Total income for their Retail, Wholesale Banking and Global Markets also rose.
OCBC profit up 11% to $4.49b in FY18
22 Feb 19
Net interest income rose 9% to $5.81b.
Europe-based LGT unveils wealth management business in Thailand
21 Feb 19
LGT Securities will complement the company's private bank efforts in Hong Kong and Singapore.
ICBC receives nod to set up wealth management unit
20 Feb 19
Nearly 30 banks have announced their intention to dive into this profitable business.
DBS cost-to-income ratio to ease to 43% in 2019
19 Feb 19
It rose 1.9 ppts in 2018 due to weak trading income and ANZ integration.
Standard Chartered unveils new branch at Singapore shopping centre
19 Feb 19
It features an automated Cash Bag Deposit machine for business banking clients.
OCBC Bank launches token feature on their app
19 Feb 19
The rollout started in Singapore last month.
DBS full-year profit surged 28% to $4.15b
19 Feb 19
Fee income hit S$2.78b as led by card and wealth management.
Bank of Singapore and Edelweiss Group tie up to capture the Indian wealth opportunity
15 Feb 19
The partnership would provide clients of both entities to access to their respective product platforms.
UOB launches its first digital bank in Thailand
14 Feb 19
‘TMRW’ does not have a traditional app menu as it claims to learn a user’s preference over time.
Thailand's GSB expands deposit network
12 Feb 19
GSB aims to have a total of 226,000 top-up points.
UBS slashes bonus pool for Asian investment bankers by 8%
12 Feb 19
The ongoing equities rout and stiffer competition for deals hit compensation packages.
DBS wealth management fees to shrink 1.3% in Q4
11 Feb 19
The bank's high-net worth clients are turning cautious amidst the market rout.
UOB launches high street Wealth Banking branch
11 Feb 19
It aims to cater to the 476,000 emerging affluent customers in Singapore.
Krung Thai Bank's bad loan ratio could fall to 4% in 2019
11 Feb 19
The bank is in the process of resolving one big corporate NPL.
Bank Rakyat Indonesia profit up $2.32b in 2018
8 Feb 19
Non-interest income surged 25%.
Bank of Taiwan unveils representative office in Manila
4 Feb 19
Its next target for expansion include Vietnam, Indonesia, and Malaysia.
Citi targets 25% revenue growth from Asian trade corridors in 2019
1 Feb 19
The bank has over 20 desks in the region.
Union Bank of the Philippines profits down 13% to $140m in 2018
31 Jan 19
It fell prey to margin pressures amidst steep interest rates.
Bank of India hopes for profit turnaround in Q4
31 Jan 19
Bad loans provisions more than doubling to $1.29b dragged the bank to higher net loss in Q3.
APAC's asset and wealth managers to hit US$29.6t in AUM by 2025
31 Jan 19
Shanghai is set to rise as an AWM hub along with Singapore and Hong Kong.
Bangkok Bank profit up 7% to $1.11b in 2018
24 Jan 19
Non-interest income rose 9.1%.
Siam Commercial Bank Q4 profit hit by sharp provision spike
24 Jan 19
Provisions surged 73% as asset quality deteriorated.
Philippines' BPI taps on IBM for $260m digital transformation plan
24 Jan 19
The firm will provide IT infrastructure to support an agile IT and hybrid cloud.
DBS unveils loadable QR Ang Bao for Chinese New Year
24 Jan 19
They will be available from 25 January and can be used until 15 March.
CIMB offers reimbursement scheme for foreign remittance
18 Jan 19
CIMB Preferred customers can get up to $24.31 per day.
Morgan Stanley beefs up Asian wealth team
18 Jan 19
It will hire 50 RMs in Hong Kong and Singapore over the next three years.
TMB-Thanachart Bank merger to secure approval by end-January: official
17 Jan 19
The government approved tax incentives last year to ease consolidation.
Woori Bank adopts financial holding company structure to boost nonbanking arm
15 Jan 19
It will start working on acquiring REITs and savings banks.
Myanmar's MAB launches wealth banking platform
15 Jan 19
The bank is aiming to double its premium members within one year.
Korea's IBK gets go-ahead for takeover of 2 Indonesian banks
15 Jan 19
It is aiming to merge the two banks to launch IBK Indonesia within 2019.
HSBC enhances credit card rebate programme in Taiwan
15 Jan 19
It will allow cardholders to exchange every NTD from cash rebate for two airline miles.
OCBC launches digital dashboard for SMEs
15 Jan 19
The dashboard features over 40 business apps.
Philippine Business Bank merges with Insular Savers Bank
11 Jan 19
The deal facilitates PBB’s entry into the microfinance space.
UOB renews bancassurance deal with Prudential for 15 years
10 Jan 19
The bank will continue to the latter's products in five Asian markets.
DBS launches online portal giving SMEs the digital leg up
10 Jan 19
SMEs can access accounting, digital marketing and cybersecurity solutions.
OCBC rolls out free online will writing service
8 Jan 19
Singapore residents and citizens aged 21 and above can prepare their own wills within 10 minutes.
OCBC rolls out digital account opening service for MNCs
17 Dec 18
The time taken to set up an account will be cut 75% from months to weeks.
Kasikornbank ties up with Japan mobile chap operator Line
13 Dec 18
The bank will tap on the latter's 44 million users to grow personal loans.
Citi adds full Apple product suite to rewards redemption platform
7 Dec 18
It is initially available in Australia, Hong Kong, the Philippines and Thailand.

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