News
India to put nearly $14b into state banks by March
India to put nearly $14b into state banks by March
In return, the banks must implement reforms to boost lending and solve bad debt.
Weekly Global News Wrap Up: Bank of America customers protest; Deustche Bank overhaul to take time
And Fed works on easing up bank leverage limits.
Chart of the Week: Find out how big Thai banks' bancassurance partnerships boost fee income
It's a win for overall profitability that has been under high credit costs.
Indonesian banks have no more room for rate cuts in 2018
Cutting their reference rate twice in June and September 2017 is enough.
Big thai banks to suffer weak FY17F results
No thanks to higher provision expenses and lower non-interest income.
India's rising government bond yields to slam public sector banks
The banks are exposed to losses from the bonds' reduced investment value.
Philippines' new leverage framework to boost banks' resilience
Banks will be required to hold more capital and curb excessive credit growth.
Hong Kong banks to benefit from HKMA's proposed loss-absorbing capacity rules
These will facilitate loss absorption and recapitalization in case of bank failure.
South Korea unveils task force to monitor and study cryptocurrencies
This will help banks in risk management, digital currency, and blockchain.
APAC financial services employment in 2017 increased 12% YoY
It provides an ideal springboard for more growth in 2018.
China banks' regulator probes shadow banking woe
Outstanding assets of shadow banking in China reached $4.3t in December.
Australian banks' profit growth to slow in 2018
No thanks to mounting pressure on business volumes and compliance cost.
Chinese banks' profit growth to hit double digits in 2018
It’s back to black after four years of stagnant earnings.
Digitalisation in Malaysian banks creates 4,500 new jobs
New opportunities are focused on automation and IT.
IFRS 9 has ‘volatile' impact on Singapore banks' earnings
This is due to the change in calculating expected credit loss (ECL).
Weekly Global News Wrap Up: Citigroup to raise women's pay; JPMorgan, Wells Fargo commends tax law
And Turkey’s banks have reached their growth limit.
Chart of the Week: Here's how Chinese banks respond to fintech
They are developing new services and strengthening existing ones.
Commentary
Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?
The Asian connection: China's path to sustainable growth