News
Weekly Global News Wrap: JPMorgan probing employee misuse of PPP funds; Watchdog rebukes Lloyds' unfair treatment of small firms
Weekly Global News Wrap: JPMorgan probing employee misuse of PPP funds; Watchdog rebukes Lloyds' unfair treatment of small firms
And Danske Bank pays up to $16m for over-charging clients.
Alternative payments reign supreme in Indian e-commerce market
Share in transactions hit 54% this year.
Singapore regulator floats new SGD facility for banks
It will be launched in the week of 28 September.
South Korean banks' credit loans hit $105b in August
Consumers rushed to buy apartments or to simply make ends meet.
More profit woes for Chinese banks as regulators plan NPL hike
$160.9m of targeted full-year NPL resolution were completed in H1.
New measures spur Thai financial institutions to restructure debts
It will cut the amount of reserved provisions, but lower future interest income.
South Korea's corporate loans jump to $1.12t in Q2
This is the largest amount on record for a second quarter period.
Gabriel Seow, BDO, on the emerging trends in Asian finance
The latest member of the Asian Banking and Finance Awards judging panel shares his expertise in this exclusive interview.
Citibank granted domestic fund custody licence in China
The bank can now provide custody services to Chinese mutual and private funds.
Qualtrics brings together industry leaders in a series of events supporting businesses in the fin-services industry
As part of its ‘Work Different’ initiative, Qualtrics is organising a week-long series of events bringing together industry leaders from financial services. The programmes will be from 8 September all the way to 10 September.
Feeble asset quality, credit growth squeeze big Aussie banks
The full impact of the pandemic is yet to materialise.
Weekly Global News Wrap: Banks eye layoffs as pandemic costs loom; Credit Suisse applies for Spanish investment bank licence
And JPMorgan exits Brazilian private banking business.
Chart of the Week: Singapore system loans up 0.9% in July
This was driven by a 1.9% growth in business loans.
CIMB sees H1 net profit drop to $189m
Elevated loan provisions triggered the fall.
Chinese banks with more shrewd NPLs see slim earnings hike
But banks are still likely to slash dividends.
Deloitte industry leader on COVID-19, digital banking, and organisational transformations
Ho Kok Yong will also be part of the Asian Banking Awards judging panel for 2020.
Razer Fintech's total payment volume doubled to $1.8b in H1
It was boosted by online shopping and higher digital entertainment consumption.
Commentary
Why APAC banks must rethink their approach to the cost reduction challenge
Thailand backs major conglomerates for digital banks but risks stifling innovation