Retail Banking

Australian banks may cut mortgage broker reliance to boost profitability

Driving customers to in-house channels could boost profitability.

BoCom Hong Kong profitability lifted by interest and fee income

The growth of its wealth management business will benefit fee income, says Moody’s

BDO names new head of comptrollership group

Gwyneth Entao previously served as finance head of the Philippine bank’s consumer banking group.

Malaysia’s household loans steady at 6% in April

The banking system recorded healthy liquidity buffers, the central bank said.

CIMB’s net profits up 1.9% to MYR 1.97b in Q1 2025

Operating income and non-interest income both contracted.

HSBC Malaysia penalized $690,000 for customer screening non-compliance

Customers were reportedly onboarded without proper sanctions screening.

Indonesian and French central banks ink MOU on central banking cooperation

They will hold policy dialogues, joint studies or research, and data and information exchange.

Malaysia fines two banks for non-compliance with AML/ CFT requirements

BPMB reportedly did not properly screen existing customers for risk.

Weekly Global News Wrap: UniCredit doubles stake in Alpha; US banks eye crypto

And the American banking industry reported $70.6b in profits for Q1 2025.

Alliance Bank’s net profit up 11.1% to $46.6m in Q4

For FY3/26, DPS may rise to MYR0.27 and net profit to $200.6m.

Hong Leong Bank’s net profit down 9.36% to $223.41m in Q3 FY2025

Its profit for the first nine months of the fiscal year is up 0.71%.

Japan Post Bank logs $2.86b net income for FY2025/3

The dividend is JPY58, with a dividend payout ratio of 50.6%.

Banking sector bucked trend with job posting increase in Q1

Companies such as JPMorgan Chase & Co, PNC Financial Services, and Visa drove hiring.