News
Bank of Indonesia rolls out surprise rate cut as credit growth tumbles
Bank of Indonesia rolls out surprise rate cut as credit growth tumbles
The regulator is likely to ease further, analysts say.
Regulator backs Hang Seng Bank’s bid to launch China's first foreign-majority owned fund management firm
In collaboration with its JV partner.
StanChart mulls launching private bank in China
It would compete with Goldman and UBS.
Singapore, Australia ink deal to help fintechs go global
Licensing timelines will be streamlined.
South Korea overhauls capital control rules, tells banks to prepare for sudden outflows
Forex regulations will be eased.
Reserve Bank of India tweaks bad loan restructuring rules for lenders
It will be used to avoid high write-downs.
HSBC clinches regulatory approval for US$5.2b sale of Brazil business to Bradesco
The transaction would generate a gain of US$600m.
Chart of the Day: Indian banks' profitability crumbles as NPL ratios jump
Loan loss provisioning expenses will rise.
Escalating oil & gas default risks won’t sink Singapore’s largest banks: Fitch
They have a combined exposure of around $49 billion.
Korean regulators unveil $10b fund to support distressed shipping loans
State banks will be recapitalised.
Japanese banks' margins hit record low as negative rates, steep forex costs bite
Profits are under threat on several fronts.
Risks rise for Australian banks as house prices tick up
Will housing portfolios deteriorate?
CIMB inks bancassurance partnership with Japan's Sompo
It will distribute non-life insurance products in SE Asia.
Malaysia is stuck with its longest slide in loan approval rates since 2009
Loan approval dropped 17% in April.
Bank of East Asia shuts 22 brokerage outlets, sheds 180 staff
Keeping the branches is too costly, BEA says.
Hong Kong banks' mainland loan exposure drops for the first time in a decade
But bad loans remain a key risk.
ICBC fuels European expansion with launch of €1 billion fund
It's targeting Central and Eastern European governments.
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