Retail Banking
Singapore banks on downward spiral after US Fed cuts rate to nil
Singapore banks on downward spiral after US Fed cuts rate to nil
Loan yields are sighted to decline due to the lower benchmark rate.
Siam Commercial Bank face dampened 2020 growth prospects: analyst
NPL ratio will likely rise to 3.7% this year.
Hang Seng Bank to reopen nine branches
Three in Hong Kong Island, three in Kowloon, and three in New Territories.
COVID-19 could drive DBS and OCBC's dividends to go over 6%
But net profit forecasts had been cut by 5.8% and 3.7%, respectively.
Citigroup names Loretta Ko as Hong Kong financial institutions head
She was formerly with Banco Santander where she held the same position.
Citi Singapore ups paternity leave to four weeks
This is in line with the bank’s new global parental leave policy across 74 markets.
Yes Bank, State Bank of India will not merge
The Indian central bank took over Yes Bank for not having enough capital.
Weekly Global News Wrap: Financial firms beef up COVID measures; Europe mulls relief for banks
And Goldman Sachs is ‘very open’ to acquisitions.
Bancassurance in Asia
Delivering a step-change in value.
CIMB Group, CIMB Bank Berhad CEO resigns
Zafrul Aziz left to assume the Malaysian finance minister role.
StanChart consortium unveils Hong Kong virtual bank Mox
It will launch Asia’s first numberless bank card when it launches later this year.
UOB, Prudential Singapore launch women's savings account
It offers free insurance coverage against six women-related cancers.
HSBC confirms COVID-19 case in China, London offices
These cases are unrelated, interim CEO Noel Quinn said.
Why you shouldn't miss ABF Retail Banking Forum 2020
Hear from the region’s top banking execs on how to stay ahead of changing industry trends.
Surprise US fed cut to weigh on OCBC's NIM
FY2020F NIM could dip below 1.70%.
Deutsche Bank Wealth Management names two additions to APAC lending team
The appointees are based in Hong Kong and Singapore, respectively.
Malaysian banks' NPLs to rise as political turmoil adds to virus' impact
Asset quality problems may become permanent if disruptions persist.
Commentary
Why high capital levels are a double-edged sword for Singapore banks