Retail Banking
Baiduri Bank’s margins likely tepid in 2021, but with profits satisfactory: S&P
Baiduri Bank’s margins likely tepid in 2021, but with profits satisfactory: S&P
The bank is expected to see moderate credit growth and satisfactory profits.
Philippines’ Security Bank celebrates 70th year anniversary
The bank has launched the “Better Banking” brand campaign to complement this.
Chinese banks warned against rising bad debt as measures subside
CBIRC also warned against emerging local real estate bubbles.
China orders banks, insurers to draft 'living wills': report
This is to ensure that troubled financial institutions won't end up needing costly bailouts.
UNObank clinches Philippines’ third digital bank license
Parent DigibankASIA will work alongside partners Mambu, Backbase, and AWS in developing its services.
HSBC plans to split leadership of Asia with two co-heads: report
Wong protege David Liao and India’s Surendra Rosha are rumored to become co-heads.
Taiwan’s banking sector stable despite recent COVID infection spike: Fitch
All local banks’ outlooks remain stable thanks to Taiwan’s economic resilience.
Significant gaps remain in financial accessibility, awareness: study
Over half of both unbanked and banked individuals feel that they are underserved, Mambu’s study found.
Vietnamese banks’ profits to improve: Moody’s
Higher yields from their retail loans will push up earnings.
Philippines’ newest neobank aims to disrupt the industry with a dash of personality
Tonik Digital Bank wants to become the first bank brand in the country with “a sense of humor.”
HSBC exits US mass market retail banking, sells 90 branches
All personal, advance, and retail business banking customers with turnover below $5m are affected.
Weekly Global News Wrap: Long journey for EU banks' green goals; Wall Street banks to flaunt resilience before Congress
And Greece's Alpha Bank taps JPMorgan, Goldman Sachs for plans to boost capital.
Global banks on a hiring craze as they vie for rich Asians’ assets
HSBC, Goldman Sachs, and Citi are all eyeing a piece of the region's trillion-dollar financial market.
Qatar National Bank continues to be largest bank in MEA: S&P
It is also the 100th biggest bank globally.
Japan’s top internet-only bank seeks to scale Taiwan’s banking industry
Rakuten International Commercial Bank leverages its parent’s 20 years’ experience in Japan and its extensive global network of companies and partners...
Citi APAC adds nearly 650 new wealth professionals in 2021 so far
The group has added over $5b in net new money in Q1 alone.
Citi appoints new head for private banking arm in South Asia
Lee will have direct responsibility over the private bank arm of Singapore, Malaysia.
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1. Top companies are looking for top talent — they’re looking for CTPs 2. SeaBank Philippines rebrands name to MariBank Philippines 3. CIMB names new growth markets, Singapore unit chief 4. ING expands eFX capabilities, sets up regional trading hub in Singapore 5. NAB names Kanishka Raja as CEO of UbankResource Center
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Navigating liquidity challenges for VCs in Asia Pacific
Show, don’t tell: Asian banks need to prove simplification works – here’s how