Retail Banking

SMBC sells MANUBANK’s commercial banking unit to US’ Bank of Hope

Jenius Bank is not part of the transaction.
2 hours ago

Mizuho Bank completes merger with research & tech unit

Research and consulting functions are now under the Mizuho Research Institute brand.
3 hours ago

StanChart taps Deutsche Bank veteran as it unifies two CIB services

Ole Matthiessen will lead the unified global transaction services and digital assets team.
1 day ago

Vietnam lenders shift to behavioural data to judge loan applicants

They measure the sales, staff numbers, and inventory turnover in SMEs, for example.
1 day ago

Australia's Big Four banks face stage 3 loan risks as rates rise

Intense competition and rising costs are expected to reduce margins.
1 day ago

Citi names Morgan Stanley banker as ANZ Natural Resources Group head

Anders Svensson will be based in Perth, Australia.
2 days ago

MUFG Bank and Hitachi expand NexGen to finance EV and charging assets

They plan to develop and scale special purpose vehicles to finance decarbonised transport.
2 days ago

APAC banks face 'tail risk' as climate data gaps undermine risk modeling

Banks must adopt simulation-based modeling to quantify the full spectrum of potential losses.
2 days ago

CIMB, SC Malaysia, and Bursa Malaysia roll out pilot to broaden Shariah investing

More than half of CIMB’s Malaysian financing book is now Shariah-compliant, it said.
5 days ago

Ping An Digital Bank unveils new branding reflecting deeper ties to insurer parent

It says it is the first Hong Kong digital bank to offer a full spectrum of insurance services.
5 days ago

APAC finance app installs decline 17% as firms pivot to customer retention

Remarketing investment nearly tripled in Southeast Asia.
5 days ago

HDFC Bank hires law firm to review ex-chairman’s resignation

Atanu Chakraborty cited “certain happenings and practices” in the bank as the reason for his resignation.
6 days ago

Westpac becomes banking partner of the Royal Flying Doctor Service SA/NT

The partnership covers workplace banking benefits for RFDS’ employees.
6 days ago

HDFC Bank’s part-time chairman quits citing 'certain bank practices'

The central bank and HDFC said there are no material concerns or matters in separate statements.

BSP assures continued cash operations and public services on Fridays

Government officials have suggested a four-day work week to conserve energy.

Malaysian banks face 1.6% net profit decline per 25bp OPR cut: report

OPR cuts could mean a profitability decline of -1.2% for Maybank and -5.3% for Bank Islam.