Retail Banking
How Citi ASEAN's workforce champion adaptability, diversity
How Citi ASEAN's workforce champion adaptability, diversity
Joel Fastenberg talks about how Citi rose to the challenge of digitization, work-from-home and diversity.
Singapore regulator probing reports on suspicious bank transfers
An appropriate action will be taken based on its own review.
CIMB Bank to open branches in Malaysia over two weekends
This is to facilitate financial aid to clients upon the expiry of the loan moratorium.
Recovery still not in sight for ASEAN banks
Operational green shoots remain vulnerable as borders are still closed.
Philippine banking system edges closer to a digital revolution
The market has qualities favorable for virtual banks to thrive.
Chinese banking sector's net profits down 24.6% YoY in Q2
Improvement in sight for H2, but lenders may face capital shortfall.
MUFG Bank names Hoang Thi Tuong Khanh as Vietnam global corporate banking head
She will be based in Hanoi.
Malaysia drops criminal charges vs Goldman Sachs over 1MDB
The bank has earlier agreed to pay $3.9b as settlement.
Weekly Global News Wrap: JPMorgan probing employee misuse of PPP funds; Watchdog rebukes Lloyds' unfair treatment of small firms
And Danske Bank pays up to $16m for over-charging clients.
Amidst a crisis, Hong Kong's Mox Bank sees boundless opportunities
The neobank has outlined a bold plan to kickstart a new generation of virtual-savvy customers.
Singapore regulator floats new SGD facility for banks
It will be launched in the week of 28 September.
JPMorgan names Philip Glickman as APAC merchant services head
He was previously with Mastercard.
Feeble asset quality, credit growth squeeze big Aussie banks
The full impact of the pandemic is yet to materialise.
Trials reflect weak economic ground for Cambodian banks
Wide credit-to-GDP elevate risks linked to economic imbalances.
CIMB sees H1 net profit drop to $189m
Elevated loan provisions triggered the fall.
Chinese banks with more shrewd NPLs see slim earnings hike
But banks are still likely to slash dividends.
Maybank's Q2 profit sinks more than half to $225.95m
Impairment allowances surged to $417m.
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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.
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