Retail Banking

Japan’s top internet-only bank seeks to scale Taiwan’s banking industry

Rakuten International Commercial Bank leverages its parent’s 20 years’ experience in Japan and its extensive global network of companies and partners.
5 hours ago

Japan’s top internet-only bank seeks to scale Taiwan’s banking industry

Rakuten International Commercial Bank leverages its parent’s 20 years’ experience in Japan and its extensive global network of companies and partners.
5 hours ago

Citi APAC adds nearly 650 new wealth professionals in 2021 so far

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

Citi appoints new head for private banking arm in South Asia

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

Low costs buoys Australian banks’ profits, but pressures to persist

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

OCBC net profit more than doubled in Q1, wealth on the rise

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

Indonesia’s Bank Agro appoints Kaspar Situmorang as CEO, to build neobank

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

OCBC remains in agile, flexible work arrangement after local COVID surge

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

Swiss bank completes acquisition of BMO Private bank in Singapore, Hong Kong

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

How to Build for the Next Era of Financial Services

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.
13 days ago

DBS smashes record with S$2.01b net profit in Q1

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

Singapore bank loans down for 10th straight month, but recovery in sight

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

DBS, EY, Mox and more share how data, digital shape the future of banking

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

Chinese neobank MYbank aims to be active in 2,000 rural counties by 2025

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

DBS, EY, Mox and more share how data, digital shape the future of banking

Over a hundred banking and finance professionals attended the event.
20 days ago

Australia’s Big Four asset quality deterioration ‘manageable’: Fitch

The country’s improving economic performance reduces downside risks.
22 days ago

DBS, MUFG eyeing Citi's Asian consumer business

The potential bids show growing appetite for businesses like credit cards
26 days ago