News
Chinese banks warned of asset quality shocks as market for wealth management products expands
Chinese banks warned of asset quality shocks as market for wealth management products expands
Around US$2.9t worth of WMPs are off-balance sheet at end-1H16.
Asian Banking and Finance Insurance Asia Awards 2017 now open for nominations
The deadline for nominations is on 13 January 2017.
India's state banks shaken by inadequate capital
Some are at risk of breaching their capital triggers, says Fitch.
Which Singapore bank will benefit the most from a Fed rate hike?
Its net profit could rise 1.7%.
Weekly Global News Wrap Up: $3m stolen in Tesco cyber theft; Wall Street's prospects for year-end bonuses improving
And Fed says banks tightened commercial property lending standards in Q3.
Chart of the Week: China's shadow banking size doubled in the last five years
Borrowers relying on such financing could be at risk of a credit crunch.
Chinese banks still struggling with compliance
Bloomberg says the Agricultural Bank of China's recent $215m fine is proof.
Here's a rundown of Singapore banks' 3Q16 results
Better cost management offsets higher provisions due to deteriorating asset quality.
Weekly Global News Wrap Up: Deutsche Bank bids for HSH Nordbank' $3.5b debt portfolio; Shadow banks take mortgage market by storm
And Japan's MUFG launches new business in the Americas.
Chart of the Week: Consumer debt financed by Chinese banks amount to USD2.6t at end-2015
Consumer debts comprise 24.4% of Chinese banks' loans.
Philippine banks' average capitalisation levels to fall slightly over the next 12-18 months: Moody's
But access to external capital markets will help maintain capitalisation profile.
Malaysian banks' foreign currency deposits contract 4.5% for the first time in September
Say goodbye to rapid double-digit increases seen since March 2014.
Singapore bank loans dip 0.8% to S$603.4b in September
Lending fell for the 12th consecutive month.
Weekly Global News Wrap Up: New Wells Fargo CEO apologises to employees; US banks urged to include cyber attacks in mandatory reports to government
And tough earnings season looms for Aussie banks.
Chart of the Week: Check out which countries are suffering from the highest NPL ratios
Distressed eurozone countries are the worst hit.
Philippine Central Bank could cut reserve requirement in 1Q17
A 1-ppt reduction could increase banks' earnings by ~1.5%.
India's bank resolution plans fraught with political obstacles: Fitch
It may be difficult to generate political support for the potential overhaul.
Commentary
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