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HSBC moves to boost Asian private banking headcount and double client assets
Asia is the next big goldmine for the European lender.
HSBC moves to boost Asian private banking headcount and double client assets
Asia is the next big goldmine for the European lender.
MUFG Bank to form venture with property agency to redevelop closed branches
The new company will also study where to put slimmed-down branches.
CIMB Thai moves to beef up thin capital buffers
It is planning to increase its capital by $120m through a rights issue.
China Merchants Bank's bloated retail loan book shields against trade conflict
Retail loans accounted for half of total lending as of end-December.
Hang Seng Bank launches all-in-one payment collection service for merchants
Merchants may soon accept several payment methods through one integrated point-of-sale terminal.
Philippine Veterans Bank moves to digitise consumer operations
It has tapped on solutions provider Fiserv Inc.
RHB Bank unveils mobile banking app for business clients
‘RHB REFLEX’ arms its users with flexible cash flow management capabilities.
Regulators should heighten fintech oversight: DBS CEO
Ant Financial is an example of firms that need more oversight, Piyush Gupta says.
Singapore seeks to tighten cybersecurity rules on financial institutions
It will require FIs to implement 6 measures that will address flaws in a timely manner.
Bank of China bets on tech to boost dismal fee performance
It has embarked on 28 technology projects so far.
Australia's Westpac fined $25m for flawed mortgage approval system
There were miscalculations in the bank’s automated loan approval system.
European private lender VP Bank upgrades Singapore subsidiary into full branch
It has also upgraded from a merchant bank license to a wholesale banking license.
UOB taps on Belt and Road opportunities in Shanghai Pudong Development Bank tie-up
The two banks will collaborate on investment advisory and other finance solutions.
UBS to launch eFX engine in Singapore by Q2 2019
It is expected to improve the FX market’s transparency and efficiency.
OCBC blames software failure for 3-hour service outage
ATMs and banking channels were down during the outage on 1 September.
Australian challenger bank Tyro ties up with Alipay
The move aims to tap into the Chinese visitor market.
Hong Leong Bank profit surged 33.3% to $156.25m in Q4
Lower provisions and strong cost management boosted earnings.
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