Retail Banking

20 Aug 18
Increased competition and rising costs are forcing private banks globally and in Asia to focus more on profitability and less on volume growth....
20 Aug 18
Investors may tie up with fintechs instead of banks.
20 Aug 18
A total of 10 smaller banks were closed in 2018 alone.
20 Aug 18
It crashed from a peak of $9.16t.
20 Aug 18
SCOM failed to monitor its relationship with 33 customers with suspicious transactions.
17 Aug 18
A surge in euro-denominated savings boosted foreign deposits.
17 Aug 18
The government aims to have up to five banks listed on foreign bourses.
17 Aug 18
Online sales and cashless payments will fill in the gap.
17 Aug 18
He previously served as chief technology officer of Citigroup's global consumer bank unit.
16 Aug 18
The central bank has been encouraging lenders to step up lending.
16 Aug 18
Its Islamic banking unit performed strongly.
16 Aug 18
Hackers stole customer data through a malware attack on the ATM server.
15 Aug 18
The Big 3 unanimously expressed concern over heightened trade risks.
15 Aug 18
Much has been said about slower credit growth but banks could also look forward to improving asset quality.
15 Aug 18
Despite a 5% decline in pay per head, this bank still has the largest pay.
15 Aug 18
Around $14b worth of construction projects will break ground this year.
14 Aug 18
Foreign ownership caps and regulatory constraints block foreign bank entry.
14 Aug 18
Lenders slashed asset holdings by $5.93b in 2016.
14 Aug 18
However, bad loans also rose from $26.56b to $284.64b in Q2.
13 Aug 18
Mortgages account for roughly 60% of their loan portfolio.
10 Aug 18
The move aims to encourage local banking mergers.
10 Aug 18
The move comes after a bank was alleged to have charged customers illicit commissions.
10 Aug 18
Staff numbers were boosted by DBS' acquisition of ANZ staff.
10 Aug 18
The Greater Bay Area project has fuelled demand for such candidates.
9 Aug 18
The quality of bank boards should be prioritised.
9 Aug 18
Nonperforming loans have spiked after the 2014-2016 commodities downturn.
9 Aug 18
How are banks grabbing digital as an opportunity to provide convenience to its evolving clientele?
9 Aug 18
Banks should strategise solutions and create lasting value propositions amidst the threat of cyber attacks.
9 Aug 18
They expect real-time information and responsiveness at their fingertips.
9 Aug 18
From addressing specific needs to developing new business models, banks are getting a digital makeover.
8 Aug 18
An earnings turnaround is in sight by 2020 as banks start shedding off bad loans.
7 Aug 18
DBS' trading income crashed 23% in Q2.
7 Aug 18
Lowering the CET Tier-I ratio from 5.5% to 4.5% is expected to boost lending.
7 Aug 18
Services on home loans and bankers will be available in 5 property apps.
7 Aug 18
Consumers are being shortchanged by the oligopoly.
7 Aug 18
Trade tensions and higher interest rates are to blame.
6 Aug 18
Earnings per share hit $6.62 per share.
6 Aug 18
The bank is now a controlling shareholder with 40% interest.