Retail Banking
Why banks need more tech experts in their board rooms
Why banks need more tech experts in their board rooms
                                                                                                 
                        
                          Massive adoption of tech without critical tech advice from experts could spell doom for lenders.
                    
                                        
                    
                Philippine-based BDO to reimburse 700 clients hit with online fraud
                                                                                                 
                        
                          Clients allegedly lost thousands from unauthorised transfers to a UnionBank account.
                    
                                        
                    
                Climate Risk and the Role of the Finance Sector
                                                                                                 
                        
                          Climate change is the most urgent threat facing the world. It affects us all. The imminent risks are spelt out in detail in the recent IPCC Report...
                    
                                        
                    
                Weekly Global News Wrap: Australia iffy with digital currency; JP Morgan eases overdraft fees
                                                                                                 
                        
                          And UBS Switzerland to propose a new board chairman.
                    
                                        
                    
                Bank SinoPac wins big at the ABF Retail Banking Awards 2021
                                                                                                 
                        
                          Its iBranch SinoPac addressed the pain points of the traditional branch service model through the O2O digital integration process.
                    
                                        
                    
                Weekly Global News Wrap: US bank profits dip in Q3; UBS' new CEO is a former JP Morgan exec
                                                                                                 
                        
                          And Goldman Sachs to set new profit targets.
                    
                                        
                    
                UnionBank in talks to take over Citi’s consumer banking assets in the Philippines
                                                                                                 
                        
                          Discussions between the two banks are at the preliminary stage.
                    
                                        
                    
                CIMB Group core profits more than tripled in 9M 2021
                                                                                                 
                        
                          But it reported weaker quarterly performance, largely due to its $309.8m Q3 expense.
                    
                                        
                    
                How Hong Kong’s livi bank aims to make banking more rewarding
                                                                                                 
                        
                          They are amongst the first bank in the city to roll-out buy now, pay later services.
                    
                                        
                    
                Profits of Japan's megabanks to rise in next 12-18 months
                                                                                                 
                        
                          All three banks’ profits jumped over 60% for the first six months of the current fiscal year.
                    
                                        
                    
                4 in 5 Singaporeans prefer online methods of banking: survey
                                                                                                 
                        
                          Less than one in ten, or only 4%, concentrate their banking activities at the ATM.
                    
                                        
                    
                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.
                    
                                        
                    
                Weekly Global News Wrap: UBS posts best quarterly profits in six years; Italy’s Monte dei Paschi rescue deal collapses
                                                                                                 
                        
                          And Citigroup warns of charges related to the closing of S. Korea consumer business.
                    
                                        
                    
                DBS Hong Kong, China’s PSBC to offer services under Wealth Management Connect
                                                                                                 
                        
                          PSBC is one of the largest state-owned banks in China.
                    
                                        
                    
                Standard Chartered Hong Kong launch WMC services
                                                                                                 
                        
                          Clients can now purchase SC Hong Kong’s wealth management products.
                    
                                        
                    
                 
                                 
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
								 
								 
						 
						 
				 
								 
								 
								 
																					
											
																			 
																					 
																					
											
																			 
																					
											
																			 
                 
                 
                 
                 
                 
                 
                 
                
Commentary
Rethinking cybersecurity: How APAC banks can safeguard against AI-powered threats
Why Singapore’s fast payments need faster protections