Retail Banking
COVID-19 outbreak may double Chinese banks' questionable loans
COVID-19 outbreak may double Chinese banks' questionable loans
The loosening of regulations is a setback on China’s reformation efforts.
UOB's net profits up 8% to $3.08b in FY2019
A final dividend of $0.39 (S$0.55) and a special dividend of $0.14 (S$0.2) was as recommended.
UOB to launch digital bank in Indonesia
TMRW is on track to be marginal profit positive in five years.
DBS to give abridged Q1, Q3 financial disclosures
These updates will supplement the half-year and full-year reports.
OCBC's net profits up 34% to S$1.24b in Q4 2019
Core net profit leapt 10% to S$4.9b in FY 2019.
Bank managements should take advantage of increased certainty and use dividends as a tool to manage returns
Bank management teams have faced many challenges in the decade post the global financial crisis. After stabilising balance sheets in its immediate...
Bank of East Asia's profit plunges 49.9% to $411m in 2019
The decline was attributed to an increase in impairment losses in Mainland China.
HSBC staff have qualms over bank's revamp
The bank’s commitment to the overhaul was questioned due to Quinn’s interim status.
HSBC profits crash 53% to $6b in FY2019
A goodwill impairment of $7.3b dragged down their profits.
Can Ping An Bank weather weakening interest rates?
Its retail lending clients are less sensitive to borrowing rates..
Standard Chartered names new digital channels and client data analytics head
Karina van Dyke will join the bank’s CCIB division in Singapore.
HSBC to shed $100b in assets in massive revamp
About 35,000 jobs may be axed over the next three years.
Weekly Global News Wrap: JPMorgan reshuffles investment bank; Fintech firm LendingClub buys Radius Bank for $158m
And customers were outraged by N26 UK exit.
Standard Chartered commits $75b for sustainability drive
By 2030, they will cease support for clients who get more than 10% of their profits from thermal coal.
Standard Chartered opens international banking and priority private centre in Singapore
It caters to clients with a minimum AUM of $1.5m.
Chinese banks' asset quality to deteriorate in 2020
Officials have ordered banks to lower lending rates and extend deadlines amidst the epidemic.
MUFG Bank names Colin Richmond-Wells as Oceania transaction banking head
He was former HSBC London global head of client management for global liquidity.
Commentary
Why high capital levels are a double-edged sword for Singapore banks