News
Wealth managers are dangerously outdated, and wealthy Asian clients are not pleased
Wealth managers are dangerously outdated, and wealthy Asian clients are not pleased
Just 25% of private banks have proper digital channels.
Singapore's central bank mulls "regulatory sandbox" for new fintech products
Regulations will be eased to boost innovation.
Woori Bank enters Philippine market with acquisition of local lender
It has acquired a thrift bank.
North Korean hackers the culprit behind Asian bank heists: report
A bank in the Philippines was also targeted.
China issues RMB3 billion bond in London
This is its first-ever international RMB bond issued outside China.
Asian banks brace for more bad loans as commodity pressures mount
Singaporean and South Korean lenders are among the most exposed.
Maybank's Q1 net profit slides 16% as higher provisions bite
Corporate banking loans deteriorated.
Vietnamese banks under threat from $1.25b debt restructuring plan
Loss-absorption buffers will take a hit.
CIMB Group's net profit up 4.1% to MYR814m
Softer capital markets dampened growth.
Chinese lenders roll out first bad loan securitization since 2008
China Merchants and Bank of China are first in line.
Credit Suisse targets wealthy Thais with launch of new wealth management business
It's eyeing HNWIs and entrepreneurs.
SWIFT CEO unveils new security plan to combat brazen hackers
Information sharing should be improved.
ASEAN banks' earnings slide as loan growth slows to a crawl
Indonesian banks are most at risk.
Hong Leong Bank's net profit down 4% to RM497.83m
Blame it on higher impairment losses.
Singapore's central bank orders Swiss bank BSI to shut local operations for money laundering
It was also slapped with a S$13.3 million fine.
DBS, OCBC roll out voice biometrics for phone banking customers
Clients can be authenticated in just 15 seconds.
Citi launches voice biometrics authentication for Asia Pacific clients
It targets a million users within a year.
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