Retail Banking
Weekly Global News Wrap: HSBC to slash 100 equities staff, Bank of America plans to double its US market share
Weekly Global News Wrap: HSBC to slash 100 equities staff, Bank of America plans to double its US market share
And JPMorgan is the latest bank to expand to Paris after Brexit.
Digital banks won't be a threat to big Singaporean banks: analyst
Singapore poses as a hard-ground for virtual entrants.
Morgan Stanley looks to hire 30 private bankers for Asia
The bank’s record 2019 profit was partly anchored by its wealth business.
Vietnam Prosperity Bank bags $212.5m financial package from IFC
It will be used to expand VPBank’s lending to SMEs especially and boost green financing.
ING names new CEO of APAC wholesale banking
Krista Baetens was chief risk officer for ING Belgium before taking the role.
Deutsche Bank Wealth management names new head of wealth discretionary
Siok Kuan Tham succeeded Tuan Huynh last 8 January. Deutsche Bank Wealth Management has appointed Siok Kuan Tham as head of wealth discretionary for...
Bushfires to have modest effect on Australian banks' credit losses: analysis
But losses from business lending could increase.
Physical bank branches still matter, consumer study reveals
But more than half won’t bank with an institution that doesn’t offer a digital experience.
Thai banks' net profits expected to grow 27% in Q4 2019
But earnings are down 6% over the same period due to higher operating expenses.
How KBZ Bank strides towards financial inclusion in Myanmar
They launched mobile wallet KBZPay, banking on the country's high smartphone penetration to improve financial connectivity.
Surge in Philippine property prices threaten banking system
A boom in the POGO sector led to a 10% YoY rise in residential real estate prices in Q3 2019.
How banks can win in a rapidly shifting global payments arena
Incumbents are building up capabilities and forging partnerships with former foes to stay competitive.
Internet firm Sea applies for full digital bank licence in Singapore
It will focus on serving millennials and SMEs.
TONIK Digital Bank to launch in the Philippines in 2020
It will offer a full range of retail banking services, primarily retail deposits and consumer loans.
What you must know about sustainable banking activities in Bangladesh
Sustainable banking is getting momentum in developing countries and Bangladesh has been one step ahead now by initiating particular sustainable...
Indian retail banks could claim bigger share of housing loan market in 2020
NBFCs and HFCs have reduced disbursement rates.
APAC finance firms adapt defensive stance for 2020
Geopolitical and macroeconomic risks threaten the sector’s overall credit profiles.
Commentary
Why high capital levels are a double-edged sword for Singapore banks