Retail Banking

MUFG to ditch over-the-counter international cash transfers to strengthen AML efforts: report
5 Mar 19
Bank users may continue to send money overseas online through a stricter process.
Philippine budget secretary Benjamin Diokno named as new central bank governor
5 Mar 19
He will be serving the remainder of Espenilla’s six-year term which will end by 2023.
Singapore bank loan growth down to 4.2% in January
4 Mar 19
Consumer loan growth fell to 0.7% whilst business loans increased 5%.
UnionBank of the Philippines' thrift unit completes merger with PR Savings Bank
4 Mar 19
The move will accelerate UnionBank's push into the motorcycle financing market.
MUFG to acquire aviation financing arm of Germany's DZ Bank
4 Mar 19
This represents the latest move by banks into aircraft finance which offers better returns than straight corporate loans.
Thai government to buy $318m of shares in TMB-Thanachart merger
4 Mar 19
It chose to invest because it believed that the merger would yield a more efficient bank.
Singapore's big three banks' CET1 ratios hit 14% in 2018
4 Mar 19
Of its peers, only UOB saw declining CET1 ratios amidst faster loan growth.
Four Crucial Defense Strategies against revenue erosion for Private Banks in Asia
4 Mar 19
It is no secret that the private banking industry in Asia is facing revenue pressure on multiple fronts, with margin compression and revenue...
Hang Seng Bank's full-year profits up 21% to $3.08b
1 Mar 19
Their retail banking and wealth management arms account for 51.2% of the bank’s pre-tax profits.
Woori Bank ties up with Chinese banks for remittance service
1 Mar 19
Money sent in KRW will be received in RMB.
Which bank enjoys the highest customer satisfaction in Hong Kong?
1 Mar 19
This lender occupies the top spot for the second straight year.
Malaysian banks remain flush with liquidity in January
1 Mar 19
Liquidity coverage ratio stood at 144.3% which is above the required 100%.
Vietnamese banks' return on assets up for second straight year at 1.1% in 2018
1 Mar 19
Wider net interest spreads and lower credit costs boosted profitability.
RHB's net profit climbed 18.2% to $570m in 2018
1 Mar 19
Earnings were boosted by net fund based income which hit $1.2b.
DBS rolls out robo-advisor for wealth clients
1 Mar 19
Investment amounts start at $S1,000.
Citi appoints Rajat Madhok as APAC head of Citi Commercial Bank
28 Feb 19
Rajat formerly headed the APAC mid corporates team at CCB.
Bank of East Asia profits crashed 30.4% to $6.5b in 2018
28 Feb 19
Weak investment activity hit its retail and private banking arm.
Japan mulls easing restrictions on regional bank investments: report
28 Feb 19
Lenders may soon be allowed to temporarily hold over 5% in small firms.
Philippine banks' 2018 earnings up 6.4% to $3.45b
28 Feb 19
Big banks recorded a 9.3% profit increase to $3.09b.
Are Japanese banks flirting with danger in hunt for profit abroad?
28 Feb 19
Foreign securities account for up to 47% of total securities suggesting a larger risk appetite.
India's massive recapitalisation still leaves banks $23b short
28 Feb 19
The government’s bailout is not enough to boost loan growth.
US federal regulator issues fresh warning against MUFG Bank over money laundering lapses
28 Feb 19
The regulator said that it had uncovered ‘serious’ problems at the bank’s branches.
Bad loans haunt Singapore banks as asset quality risks mount
28 Feb 19
The NPL formation of OCBC and UOB rose by 137bp and 94bp respectively in Q4.
Philippine central bank governor Nestor Espenilla Jr. passes away at 60
27 Feb 19
He spearheaded the digitalisation of the retail payment system in the country.
Digitising investment suitability
27 Feb 19
For private banks and wealth managers, investment suitability is a hot regulatory topic and should be at the heart of front-office digitisation...
Chart of the Week: Singapore banks' NIMs rose to 1.8% in 2018
27 Feb 19
DBS outperformed OCBC and UOB with its NIM widening 9bp.
Taiwanese banks' yuan deposits hit 56-month low in January
27 Feb 19
It fell to $43.13b.
Should New Zealand banks brace for earnings blow amidst higher capital requirements?
27 Feb 19
Major banks would need around $4,55b if the proposal is implemented.
Asia's private banks receive income boost as discretionary mandates mount
27 Feb 19
The set-up is more lucrative than a pay per trade basis.
Japan's megabanks hit the brakes on regional expansion
27 Feb 19
Sumitomo’s loans to Asia stayed flat at $82b as it shifted focus to the US.
Malaysia's Public Bank profit down 5.3% to $345.31m in Q4
26 Feb 19
Earnings were hit by sluggish loan growth and a decline in asset management income.
The Philippines greenlights bank merger
26 Feb 19
AllBank will absorb the assets and liabilities of Rural Bank of Plaridel.
Chinese commercial banks' profit up 4.72% to $273b in Q4
26 Feb 19
The sector’s bad loans ratio fell mildly to 1.83%.
UOB NIMs to widen by 3bps in FY19: analyst
25 Feb 19
The bank’s SGD loan-to-deposit ratio remains the highest amongst its peers.
UOB's profits up 18% to $2.96b in 2018
22 Feb 19
Total income for their Retail, Wholesale Banking and Global Markets also rose.
OCBC profit up 11% to $4.49b in FY18
22 Feb 19
Net interest income rose 9% to $5.81b.
Europe-based LGT unveils wealth management business in Thailand
21 Feb 19
LGT Securities will complement the company's private bank efforts in Hong Kong and Singapore.
ICBC receives nod to set up wealth management unit
20 Feb 19
Nearly 30 banks have announced their intention to dive into this profitable business.
Weekly Global News Wrap Up: JPMorgan rolls out cryptocurrency; Estonia kicks out scandal-hit Danske bank
20 Feb 19
And the market rout weighed on HSBC's full-year earnings.
Chart of the Week: Thai banks raise capital shields against bad loans
20 Feb 19
Total capital adequacy ratios hit 18% in November 2018.

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Commentary

Cards & Payments
Winning in The Mobile Wallet Space
BY Grace Chia
Cards & Payments
New payments technologies will continue to disrupt ASEAN banks
BY Nick Lord
Markets
The Advent of Next Generation Technology and Sourcing Models in Japan
BY Eiichiro Yanagawa
Retail Banking
Four Crucial Defense Strategies against revenue erosion for Private Banks in Asia
BY Silvio Struebi and De Liu
Retail Banking
Digitising investment suitability
BY Christian Gilmour
Wholesale Banking
ESG Financing in Asia: Ready for Take Off?
BY Sangiita Yoong

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