Retail Banking
Thai central bank tells lenders to freeze dividend payments
Thai central bank tells lenders to freeze dividend payments
Banks are required to prepare capital management plans for the next 1-3 years.
MUFG Bank to invest in NTT Finance Corp's green bond
It will be used to finance sustainable green building projects.
UOB reopens seven more branches in Singapore
These banks are located in high footfall retail areas.
Singapore digital bank aspirants down to 14
MAS asked the applicants to update their business plans and financial projections.
HSBC resumes plan to axe 35,000 jobs: report
CEO Noel Quinn said that they will maintain a freeze on almost all external recruitment.
Hope for Malaysian banks in 2021 after ‘washout' 2020: analyst
Bank earnings are likely to rebound 7.9% YoY in aggregate net profit.
US dollar deposits at South Korean banks rise amidst outbreak
Outstanding dollar deposits at five local banks have reached $47b.
Singapore's financial institutions allowed to reopen branches, resume in-person meetings
They must implement all safety measures and maintain a record of meetings.
Hong Kong virtual bank Airstar launches services to the public
The bank offers savings, time deposit, and personal loan products.
HSBC Singapore adopts phased reopening of branches
Physical financial and wealth management advisory services are available via appointment.
HSBC rebuked by US state secretary for backing China security law
The lender, along with Standard Chartered, has already been chided in Britain.
Australia's policy stimuli help banks achieve investor confidence
Measures have led to improvements in funding and liquidity conditions.
What can Asian banks learn from ING's new headquarters?
The bank’s CEOs and board members no longer have their own offices and instead work together in one large space.
Weekly Global News Wrap: ECB defends aggressive COVID measures; Risk-taking billionaires key to Credit Suisse growth
And Barclays poaches Gautam Chawla from Citigroup.
Singapore banks' risks abated as circuit breaker measures ease
Hong Kong’s political woes may also drive wealth business and deposits to the island’s banks.
Hong Kong residents dash for offshore accounts amidst China security law
HSBC and Standard Chartered have seen high surges in enquiries.
Easing rules on public funding delivers capital relief for Japanese banks
But it does not solve the long-term problem of weakening profitability.
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