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Europe-based LGT unveils wealth management business in Thailand
LGT Securities will complement the company's private bank efforts in Hong Kong and Singapore.
Europe-based LGT unveils wealth management business in Thailand
LGT Securities will complement the company's private bank efforts in Hong Kong and Singapore.
ICBC receives nod to set up wealth management unit
Nearly 30 banks have announced their intention to dive into this profitable business.
DBS cost-to-income ratio to ease to 43% in 2019
It rose 1.9 ppts in 2018 due to weak trading income and ANZ integration.
Standard Chartered unveils new branch at Singapore shopping centre
It features an automated Cash Bag Deposit machine for business banking clients.
OCBC Bank launches token feature on their app
The rollout started in Singapore last month.
DBS full-year profit surged 28% to $4.15b
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
The partnership would provide clients of both entities to access to their respective product platforms.
UOB launches its first digital bank in Thailand
‘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
GSB aims to have a total of 226,000 top-up points.
UBS slashes bonus pool for Asian investment bankers by 8%
The ongoing equities rout and stiffer competition for deals hit compensation packages.
DBS wealth management fees to shrink 1.3% in Q4
The bank's high-net worth clients are turning cautious amidst the market rout.
UOB launches high street Wealth Banking branch
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
The bank is in the process of resolving one big corporate NPL.
Bank Rakyat Indonesia profit up $2.32b in 2018
Non-interest income surged 25%.
Bank of Taiwan unveils representative office in Manila
Its next target for expansion include Vietnam, Indonesia, and Malaysia.
Citi targets 25% revenue growth from Asian trade corridors in 2019
The bank has over 20 desks in the region.
Union Bank of the Philippines profits down 13% to $140m in 2018
It fell prey to margin pressures amidst steep interest rates.
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