Retail Banking

Which banks paid the highest penalties in Australia in H1

Which banks paid the highest penalties in Australia in H1

Penalties were doled out for misreporting and for failed responses to hardship requests.
11 minutes ago

HDFC Bank Q1 profit rises 4.98% to $1.97b as on interest income growth

Fees and commissions rose to $876m during the period.
2 hours ago

Revolut launches its first APAC bank in Australia

Revolut has an existing customer base of over 1 million in the country.
2 hours ago

Will free bank transfers accelerate digital payments?

The Philippine central bank expects lower costs to boost digital payments.
5 hours ago

Chinese mid-sized banks clean up risks but domestic demand stays weak

Lenders are showing a declining shadow banking exposure and better transparency.
8 hours ago

ICICI Bank Q1 profit surges 15.9% to $1.6b on more loans and fees

Both its loan portfolio and fee income recorded double-digit growth.
1 day ago

MariBank offers ShopeeVIP customers up to 2.88% interest

New bank customers get a bonus extra rate of 1.6% in the first 30 days of signing up.
1 day ago

Deutsche Bank pays A$2m for misreporting 260,000 OTC transactions

ASIC believes that the bank failed to take all reasonable steps to accurately report the data.
4 days ago

NAB's WealthHub fined for decade-long reporting lapses

WealthHub reportedly failed to accurately report data more than 9.5 million times.
4 days ago

MUFG invests in Noetra to back Japan's AI model push

Noetra’s models will serve as a development platform for AI robotics and physical AI in Japan.
4 days ago

Philippine Business Bank names new COO

She is also appointed to the rank of executive vice president.
4 days ago

BPI net income dips to $532.8m in H1 2026

It increased provisions by 84%, whilst operating expense are 13.8% higher.
5 days ago

Singapore banks test way to free up lending capacity

Most Southeast Asian lenders have little need to follow, says S&P Global.
5 days ago

Think tank urges Japan to ditch market neutrality to fight greenwashing

Japan’s central bank should establish a green collateral framework and revise its green investment directions, it said.
6 days ago

ANZ customers spend $4.8b during FIFA World Cup on food and apparel

Spending rose for takeaway food, sporting apparel, bars, and hotels.

GoTyme surpasses 10 million users with retail ATM strategy

Customers can deposit and withdraw cash in 2,500 Robinsons retail stores in the Philippines.

Chinese bank loan growth to stay sluggish as retail confidence falters

Loan growth has slowed to between 3.8% to 8.8%, said Morningstar.