Retail Banking

Weekly Global News Wrap: Higher capital req’s to curb lending, says Citi exec; Interest rates may hit over 4.5%

And France’s Orange exploring “all opportunities” amidst reports it's selling its bank arm.

Korean banks’ in solid position to weather strong US dollar

Expectation of strong government support and solid foreign currency liquidity will support banks.

Malaysia, Indonesia sukuk markets to slow in near-term: Fitch

Issuance in core markets, which include the two countries, fell 14.4% in Q3.

Does the future of banking lie in the metaverse?

Virtual reality may be the answer to more digitally optimized financial services that does not sacrifice personalisation.

BPI cements market position with Robinsons Bank merger: analyst

Assets are slated to increase by 0.9 percentage points.

Citi appoints Anand Sairam as CFO for APAC

He has been a part of Citi’s finance team for 8 years.

Australian banks’ cyber risk growing: S&P

Regional lenders are most vulnerable, especially to a data breach.

Thai banks’ recovery besieged by inflation, weakening currency: S&P

The tourism hit has affected income levels, which would borrowers’ ability to pay.

ANEXT Bank’s Toh Su Mei on how to stay ahead of SMEs needs

The CEO of Singapore’s newest digital bank talks about why banks find it challenging to meet the SMEs needs, and why digital banks are the answer.

Taiwan regulator fines Bank SinoPac $570k over regulatory rules breach

The FSC also ordered the bank to suspend its president for three months.