Retail Banking
Falling home prices to drag Australian banks' 2019 credit growth to 3.5%
Falling home prices to drag Australian banks' 2019 credit growth to 3.5%
Mortgages account for roughly 60% of their loan portfolio.
Vietnam cracks down on issuing foreign bank licenses
The move aims to encourage local banking mergers.
Regulator launches probe into Japanese regional banks internal audit
The move comes after a bank was alleged to have charged customers illicit commissions.
Singapore bank headcount up by over 4,500 in H2
Staff numbers were boosted by DBS' acquisition of ANZ staff.
Hong Kong's sought-after bank relationship managers demand 30% wage hike
The Greater Bay Area project has fuelled demand for such candidates.
India's ailing banking sector sparks call for privatisation
The quality of bank boards should be prioritised.
The worst is almost over for worn out Indian banks
An earnings turnaround is in sight by 2020 as banks start shedding off bad loans.
Weekly Global News Wrap Up: Facebook in talks with banks to join Messenger; Wells Fargo accidentally foreclosed on 400 customers
And HSBC profit hit $10.7b in H1.
Trade jitters could slow Singapore banks' loan growth to 7% in 2018
DBS' trading income crashed 23% in Q2.
Indian government eyes reforms unleashing $8.72b in banking capital
Lowering the CET Tier-I ratio from 5.5% to 4.5% is expected to boost lending.
UOB rolls out all-digital suite of services to speed up home buying
Services on home loans and bankers will be available in 5 property apps.
Australia's big banks are abusing their industry dominance: report
Consumers are being shortchanged by the oligopoly.
Hong Kong banks' loan growth may slow to 5% in H2
Trade tensions and higher interest rates are to blame.
Hang Seng Bank profit surges 29% to $1.61b in H1
Earnings per share hit $6.62 per share.
MUFG Bank raises stake in Bank Danamon to 40%
The bank is now a controlling shareholder with 40% interest.
Ailing Indian banks shore up on fees from non-maintenance of minimum balance
State Bank of India led the pack in collecting customer penalties.
OCBC profits up 16% to $885.47m in Q2
Its retail, wealth management, and insurance units performed well.
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Digital transformation starts with leadership