Retail Banking

How financial services can heed regulators’ call for sustainable finance

How financial services can heed regulators’ call for sustainable finance

Increased regulatory interest in sustainability will require financial institutions to address its ESG strategy, risk management, regulatory...

HSBC ahead of China wealth hiring targets, mulls re-entering India private banking

By end-2021, HSBC will have 64 working in its China onshore private banking.

UOB Q3 profit leaps 57% to S$1.05b

Net profit also saw a rise of 4% QoQ.

Standard Chartered Hong Kong launch WMC services

Clients can now purchase SC Hong Kong’s wealth management products.

Citi Hong Kong, CGB team up to offer wealth services under Wealth Management Connect

Citi plans to offer around 100 types of wealth products from the mainland.

Why Malaysian banks are spending more on financial wellness apps

They spent the most amongst other markets in the Asia Pacific region.

Only six new digital banks in the Philippines for now: BSP head

All nine additional applicants failed to submit documents.

4 in 5 banks prioritises people over products

81% of banks seek to differentiate their customer experience.

Siam Commercial Bank’s restructuring highlights Thai banks’ need for complexity: analysts

The new entity aims to become a regional fintech conglomerate by 2025.

Negative gov't intervention fuels rise of Malaysian banks’ systematic risks

Officials’ moratorium programs are hurting lenders’ profitability.

Hong Kong’s Mox Bank appoints Barbaros Uygun as new CEO

Uygun previously served as CEO of ING Bank Austria.

Japan’s MUFG sells US retail bank subsidiary to US Bancorp in $8b deal

It is exiting the retail banking business to refocus on corporate transactions.

New bank players from Thai, Malaysia agreement face limited growth prospects

The latest licensed banks in Thailand have loan market share below 0.5%. 

Sri Lanka’s large banks’ outlook worsens amidst new COVID surge

The new COVID surge that began in April may hinder GDP recovery.