Retail Banking

The group has added over $5b in net new money in Q1 alone.

Lee will have direct responsibility over the private bank arm of Singapore, Malaysia.

Operating profit is 46% higher than last year, but pre-impairment earnings remain subdued.

Wealth management income jumped 40% in Q1 from the previous quarter.

Bank Agro will build on app Pinang's clientele to build a digital-only bank.

SIngapore has scaled back the number of employees allowed in the office to 50% of the workforce.

The acquisition includes clients and BMO’s relationship management team.

For years, banks treated online banking as an afterthought. A website and a mobile app were necessities, but creating a digital channel that fully serviced customers wasn’t a priority. When COVID-19 struck, customers of all demographics completely switched to online banking -- and most won’t go back. Digital banking is no longer an additional channel. From now on, digital is the default.

And investors doubt Canadian banks' commitment to emissions targets.

DBS' net profit doubled in the first quarter of 2021.

The 0.2% drop in March was the smallest decline recorded since the indicator turned negative in June last year.

Over a hundred banking and finance professionals attended the ABF Retail Banking Digital Conference.

The bank said that it has served over 35.07 million SMEs in 2020.

Over a hundred banking and finance professionals attended the event.

The country’s improving economic performance reduces downside risks.

The potential bids show growing appetite for businesses like credit cards