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Mergers imminent amongst Japan's regional banks: study
Mergers imminent amongst Japan's regional banks: study
Ultralow rates, competition will hurt profits to the point where revenue no longer covers operating expenses.
Clear skies ahead for Aussie banks as economy improves
Banks can withstand NPL growth due to loan loss reserves.
Singaporean customers more satisfied with e-wallets than banks in 2020
Customer satisfaction for e-wallets was higher than that of banks.
Citi Hong Kong installs 360 solar panels on Citi Tower
In 2020, the bank reached its goal to source 100% renewable energy to power local operations.
Tonik launches neobank in the Philippines
It offers up to 6% interest rate per annum.
Kuliza, Mambu launch digital lending solution for SEA, India
Kuliza's Lend.In allows financial firms to modernise their loan products.
Japan's financial firms face activist climate votes as AGMs near
Mizuho was forced to vote on a climate-focused resolution in its AGM last year, but more firms are being targeted in 2021.
Tonik launches Philippines’ first official neobank
It offers up to 6% interest rate per annum.
China hopes for stability through stricter FHC rules: report
The rules will also hopefully insulate firms' finances from other risks.
Mergers imminent amongst Japan’s regional banks: study
Ultralow rates, competition will hurt profits to the point where revenue no longer covers operating expenses.
Clear skies ahead for Aussie banks as economy improves
Banks can withstand NPL growth due to loan loss reserves.
HSBC Singapore names new global liquidity head
Winnie Yap will be responsible for treasury solutions for Singapore firms.
Weekly Global News Wrap: Morgan Stanley offers bitcoin to wealth clients; SLB market could hit $150b this year
And Barclays expands private banking unit to France and Italy. From CNBC:
Mizuho Bank halts leadership change following system glitches
The bank suffered four glitches in a span of two weeks.
Chart of the Week: Singapore card payments to rebound 10.2% in 2021
Card payments are expected to reach $96.5b in three years’ time.
Chart of the Week: Singapore card payments to rebound 10.2% in 2021
Card payments are expected to reach $96.5b in three years’ time.
HSBC Singapore names new global liquidity head
Winnie Yap will be responsible for treasury solutions for Singapore firms.
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