News

JP Morgan, Citi and BAML are more vulnerable to threats than homegrown lenders.

Users from MUFG and Sumitomo may soon be able to withdraw at both ATMs for free.

Taiwan is amongst the most exposed to US tariffs on Chinese goods.

However, this is still lower than the 2008 average.

NAB would need to increase its capital by $13.8b.

Lumpy business loans drove lending gains.

Trade tensions and higher interest rates will dampen borrowing.

Lenders are growing their foreign currency desks.

The drawn-out approval process will be re-assessed.

Rewards programmes have room for improvement.

The value of Hong Kong dollar-denominated transactions hit $33.29b.

Return on equity hit a ten-year high.

They're not making enough profit off their massive loan balances.

And Wells Fargo is bullish about its investment banking arm.

The region outperformed Europe and North America in AUM growth. Western wealth hubs fail to match the stellar growth of Asia-Pacific’s asset management scene after the region’s assets under management (AUM) surged 17% to $8.1t in 2017, according to Willis Towers Watson.

The number of adults who save via banks is at a measly 11%.