News
Taiwanese banks poised to break $6.5b year-end lending target
Taiwanese banks poised to break $6.5b year-end lending target
The government’s new economy projects is fuelling lending demand.
Cybercriminals prey on prosperous Hong Kong banks
There are already eight cases of fraudulent bank websites in October YTD.
Chart of the Week: Which ASEAN country has the largest branch network?
Thailand and Indonesia are the branch-heavy countries.
Weekly Global News Wrap Up: US bank earnings rebound in Q3; BofA cut nearly 100,000 workers in digital shift
And Venezuela is seeking banking services in Asia and Europe.
Singapore banks receive boost from regulator's hardline stance against e-wallet lending
Entities would need a banking license first before using deposits to extend loans.
Hong Kong's local lenders jostle for market share as Chinese banks encroach into home turf
Mainland-owned banks accounted for 38% of system assets and deposits by 2017.
Japan enables instant 24/7 fund transfer across banks
Around 64 banks have already started implementing the service.
Hong Kong regulator laments underperforming bank IPO sponsors
The SFC is enhancing sponsor standards as it aims to reclaim the global IPO crown.
Philippine bank lending to small enterprises misses target in H1
Legislative requirements were not met despite recording 10.4% growth.
India shakes up private bank management in bad debt crackdown
Yes Bank, ICICI and Axis Bank are replacing longstanding CEOs.
Chart of the Week: Malaysian bank loan growth may further soar in Q4
Loan growth in August went up to 5.4%, the highest it reached in 2018.
Weekly Global News Wrap Up: German bankers sees digitalisation as threat to employment; US investigates possible StanChart Iran breaches
And South Africa pushes banks to innovate amidst new competition.
Lawmakers rebuke $323m capital requirement for Taiwan's web-only banks
They argue that Japan, South Korea, and Hong Kong have much lower capital requirements.
Asia's private banks ramp up hiring of priority bankers
Citi, DBS, HSBC, and UOB are hiring via internal promotions.
Singapore banks fare better than Indonesian lenders amidst rate hikes
Every 25bp hike that re-prices loan book translates into an earnings boost.
Malaysia urges Islamic lenders towards 'value-based' banking
Nine out of 27 banks have adopted the system.
Talent crunch push Singapore banks abroad for in-demand technologists
The local market is failing to keep up with demand.
Commentary
Electronic trading proves its strength in times of volatility
Navigating liquidity challenges for VCs in Asia Pacific
Show, don’t tell: Asian banks need to prove simplification works – here’s how