Retail Banking
Uncertainties arising from Ukraine invasion threaten Asian banks’ asset quality: analysts
Uncertainties arising from Ukraine invasion threaten Asian banks’ asset quality: analysts
Impact on the financial market will ultimately depend on how events will unfold in the coming days.
Standard Chartered names global heads for CPBB business
Xie Wen and Mohamed Kerain are tasked with growing SC’s CPBB business.
Thailand banking system rallies to higher profits in 2021
Net profit is 23.6% higher compared to 2020.
Weekly Global News Wrap: Commerzbank profits better-than-expected; Goldman Sachs raises financial targets
And US investment banks turn bullish on China.
Industrial Bank of Korea fined $3.93m for selling fraudulent funds
IBK sold fraudulent funds of Discovery Asset Management, according to FSC.
BRI employs AI ‘brain’ to merge its digital and physical presence
BRIBrain has helped the bank reduce loan application times from 2 weeks to 2 minutes
Philippine banks’ credit costs to further decline in 2022
Profits are expected to strengthen throughout the year as the economy recovers.
Bank of the Philippine Islands’ asset quality is on the path for improvement: S&P
The bank’s non-performing loans ratio is expected to further decline in 2022.
Weekly Global News Wrap: India poised for digital rupee launch; UBS reports best annual profits since GFC
And Goldman Sachs’ US staff returns to office for the first time in 2022.
Thailand to issue virtual bank guidelines and allow fintech investments by lenders: report
BOT is aiming to issue the new guidelines by June.
SEA banks' more crypto exposure could hit earnings in the long run: Fitch
Banks looking to dab in crypto face operational, reputational, and legal risks.
Maybank appoints Dato’ Khairussaleh Ramli as group president and CEO
He rejoins Maybank from RHB, where he served as group managing director.
Maybank SG new banking app enables online SME current account opening
The new Maybank2u SG (Lite) app offers e-angbao gifting and other money management features.
Weekly Global News Wrap: Bank of America's senior bankers receive pay raise; UBS buys wealth mgmt provider Wealthfront
And Deutsche Bank said it’ll undertake a $339m share buyback.
UOB injects $316m in capital to China subsidiary
Capital will be used to develop cross-border services and push sustainability strategy.
Merger of Philippine banks Landbank, UCPB to take effect on March
All accounts under UCPB will be transferred under Landbank.
South Korea completes first phase of digital currency feasibility test
The second phase of the test will be carried out until 22 June.
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Speakers from Kasikornbank, KPMG Thailand, Systemweb Technology, and Simon-Kucher will share their insights on the industry’s latest trends and challenges.
Commentary
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