Retail Banking
Japan’s top internet-only bank seeks to scale Taiwan’s banking industry
Japan’s top internet-only bank seeks to scale Taiwan’s banking industry
Rakuten International Commercial Bank leverages its parent’s 20 years’ experience in Japan and its extensive global network of companies and partners...
Citi APAC adds nearly 650 new wealth professionals in 2021 so far
The group has added over $5b in net new money in Q1 alone.
Citi appoints new head for private banking arm in South Asia
Lee will have direct responsibility over the private bank arm of Singapore, Malaysia.
Low costs buoys Australian banks’ profits, but pressures to persist
Operating profit is 46% higher than last year, but pre-impairment earnings remain subdued.
OCBC net profit more than doubled in Q1, wealth on the rise
Wealth management income jumped 40% in Q1 from the previous quarter.
Indonesia’s Bank Agro appoints Kaspar Situmorang as CEO, to build neobank
Bank Agro will build on app Pinang's clientele to build a digital-only bank.
OCBC remains in agile, flexible work arrangement after local COVID surge
SIngapore has scaled back the number of employees allowed in the office to 50% of the workforce.
Swiss bank completes acquisition of BMO Private bank in Singapore, Hong Kong
The acquisition includes clients and BMO’s relationship management team.
How to Build for the Next Era of Financial Services
For years, banks treated online banking as an afterthought. A website and a mobile app were necessities, but creating a digital channel that fully...
Weekly Global News Wrap: US to name new bank regulator supervisor; Deutsche urged to tighten money laundering watch
And investors doubt Canadian banks' commitment to emissions targets.
DBS smashes record with S$2.01b net profit in Q1
DBS' net profit doubled in the first quarter of 2021.
Singapore bank loans down for 10th straight month, but recovery in sight
The 0.2% drop in March was the smallest decline recorded since the indicator turned negative in June last year.
DBS, EY, Mox and more share how data, digital shape the future of banking
Over a hundred banking and finance professionals attended the ABF Retail Banking Digital Conference.
Chinese neobank MYbank aims to be active in 2,000 rural counties by 2025
The bank said that it has served over 35.07 million SMEs in 2020.
Australia’s Big Four asset quality deterioration ‘manageable’: Fitch
The country’s improving economic performance reduces downside risks.
DBS, MUFG eyeing Citi's Asian consumer business
The potential bids show growing appetite for businesses like credit cards
Why you must know the robust growth of agent banking in Bangladesh
Agent Banking is getting more popular in the rural areas of Bangladesh. More number of agents and outlets are seen these days as their numbers have...
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1. UOB to take legal action against Yang Kee Logistics’ ex-CEO 2. OCBC to finance $10.9b of investments to UK growth sectors 3. Singapore’s financial sector turns to contract hiring for cost control 4. ANZ moves up incoming CEO Nuno Matos’ start date to May 12 5. India’s credit card spend slumps 9% MoM to 7-month lowResource Center
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Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
Commentary
Why high capital levels are a double-edged sword for Singapore banks
WealthTech vs. Banks: The battle for Asia’s $700b digital wealth opportunity
Empowering Women in Finance: Securing a Future of Opportunity