Retail Banking
China banks' time deposits up but loans slow in Q1
China banks' time deposits up but loans slow in Q1
Accounts with specified maturity dates rose 11.8% for ICBC, 7.5% for CCB, and 6.2% for ABC.
Singapore urges caution against intensified phishing attempts
Some emails are claiming to come from the central bank itself.
OCBC profits up 29% to $1.11b in Q1
Higher income from wealth segment and loan related activities buoyed earnings.
NAB's cash profit drops 16% to $2.07b in H118
The bank’s restructuring efforts dragged its profitability.
UOB profits jumped 21% to $978m in Q1
Higher incomes from interest and fees and commissions boosted quarterly earnings.
China banks' assets plunge to single digits in 2017 as loans take over
Intense shadow banking crackdown has reinvigorated on-balance-sheet activity. China’s banking system assets plunged from 16.5% in 2016 to 8.7% in...
BNZ profits up 17.8% to $490m in H12018
Sustained corporate and housing lending buoyed monthly revenues.
Scrutiny over Australian banks wrongdoing spill over to New Zealand
The regulator is talking with local lenders to ensure they are not caught up in Australia’s mess.
CBA reveals loss of nearly 20 million bank account records
The bank lost two magnetic tapes containing 15 years of customer data.
ANZ acquisition buoys DBS' loan and fee income figures in Q1
Loan growth rose 10%.
UOB partners with coworking operators to offer rental discount to startups and SMEs
The discounts will cover 33 coworking spaces owned by five Southeast Asian firms.
Hong Kong loans up 3.6% in Q1 amidst intensified construction activities
On a monthly basis, loans for use also inched up 1.2% in March.
Weekly Global News Wrap Up: RBS to cut 792 jobs and 162 branches; Nordic banks' shares plunge in Q1
And Deutsche Bank may also axe 10% of its US workforce.
Chart of the Week: Here's how China's shadow banking crackdown hit assets in 2017
Financial investments and interbank activities were the most battered areas.
Philippine banks' loan growth up 16.4% to $171.93b in 2017
Asset expansion clocked in at a healthy $293.63b.
New regulations to overhaul China's outdated wealth management model
The principal-preserved model may not survive under new rules.
Singapore bank lending up 5.4% in March
Thanks to sustained demand for home and corporate loans.
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