Retail Banking

StanChart taps ex-JP Morgan banker as new CIO for North Asia

Cheng was head of Asia Equity Strategy for JP Morgan Private Bank.

MUFG names Manoj Bhatia as head of corporate global subsidiary banking

Bhatia will continue his role as head of GSB Asia Pacific.

BRImo superapp offers digital account opening for Bank Raya

The gig economy-focused digital bank now has over 700,000 users.

South Korea’s kakaobank “most recommended” retail bank in APAC: survey

Indonesia’s BCA and StanChart Taiwan also topped the list.

Chinese banks face tough balancing act of keeping profits, buoying economy

Smaller banks face being left in weaker financial positions, Natixis warns.

Thai bank earnings rise in Q2, but bad loans slated to rise

Rising costs and no more relief from the regulator will cause a rise in the bad loans ratio.

ING pulls back from the Philippine retail banking market

Over 380,000 clients are expected to be affected once they leave the market by end of the year.

Citi names new Asia cluster heads

Singapore Citi Country Officer Gupte is now head of South Asia & ASEAN.

Why LINE Bank chose Indonesia as its third home

After successful launches in Thailand and Taiwan, LINE is going steady in Indonesia.

Does geopolitics heighten risks of an East-West divide in the financial industry? 

HSBC’s potential Asia split may signal that decoupling between the West and China is growing.

Indonesia's PermataBank names new president director

Rusli has worked for international institutions, including Goldman Sachs and Accenture.

KASIKORNBANK’s stake buy of PT Bank Maspion unlikely to dent strength: Fitch 

Thai banks are on an expansion spree overseas amidst weak chances domestically.

MUFG closes HK$1.35b dual currency green term loan for Xinyi Glass Holdings

The three-year syndicated loan was 2.25 times oversubscribed.

Citi joins the Alliance for Green Commercial Banks in Asia

HKMA and the IFC jointly launched the Asia chapter of the alliance in 2020.