Retail Banking
Japanese banks cut over 3,600 employees in 2018 in aggressive restructuring push
Japanese banks cut over 3,600 employees in 2018 in aggressive restructuring push
Total headcount fell to 223,778 by end-March.
Deutsche Bank names Jeffrey Yen Chieh Peng as China Onshore WM Head
He joins from Bank of Singapore.
India unveils series of state-run bank mergers to revive debt-ridden sector
From 27, the total number of government-owned banks will be cut to 12.
Hong Kong bank loans up 3.6% in July
The subuded pace of growth is expected to be maintained for the rest of the year.
Big Indonesian banks' earnings to grow by up to 20% by 2020
Healthy loan expansion will boost earnings.
Singapore banks' loan growth slows to 0.2% in July
Consumer loans shrunk 0.1%.
Standard Chartered names Dwaipayan Sadhu as Singapore retail banking head
He was formerly the regional head of products and segments for Singapore, ASEAN and South Asia.
How Taishin Bank is aiming to dazzle Asia's ultra-rich
The bank aims to increase wealth management revenue and AUM by 8-10% annually through the strategic use of digital tools and branch interactions.
Thai banks' loan growth may slow to 4.1% by end-2019
SME loans and mortgages will grow at a slower pace.
Virtual banks threaten to take a bite out of Hong Kong's small players
Banks can expect fiercer competition on the lending and deposit fronts.
Singapore bank NIMs hit 1.84% in H1
Margins widened in tandem with rising interest rates.
Virtual bank data scientists are driving hiring in Hong Kong
Employers are seeking data scientists and full stack developers for mobile and web applications that go beyond the traditional set of tech skills.
Weekly Global News Wrap Up: Mobile money takes over Africa; US regulators mull changes to Volcker Rule
And Nordic banks hit by negative rates may pass on the burden to customers.
Banks in Singapore brace for mounting asset risks
New NPL formation rose for all three banks in Q2 due to large overseas exposures.
Simple is smart: Here's how UnionBank tied up smart banking with innovative rebranding
Its new logo is part of its attempt to pursue a brand with an iteration of ‘Power the Future of Banking’.
Philippine banks' half-year profits up 26% to $2.11b
Net interest income hit $8.24b and non-interest income rose to $1.69b.
Hong Kong banks' loan growth up 1.1% in June
Loans for mortgages, building, and construction drove quarterly gains.
Commentary
Why high capital levels are a double-edged sword for Singapore banks