Shadow bank
China’s shadow banks scramble for new business as property credit collapses: report
China’s shadow banks scramble for new business as property credit collapses: report
One shadow banking employee saw his yearly pay plunge from $500,000 to $34,000.
China’s shadow banking assets will shrink to eight-year low in H2: Moody’s
Tighter regulations will drive a wedge in the connection between banks and NBFIs.
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1. MAS backs Singapore's finance edge as global risks deepen 2. More than half of Filipinos have financial accounts but few hold bank accounts 3. Digital wallets seize 65% of APAC payments 4. CommBank tests AI banking assistant in app pilot 5. Singapore to slash private bank account opening to under a monthResource Center
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Retail Banking
Indonesian corporates raise the bar, banks urged to reinvent corporate banking and treasury services
Monitor Deloitte's Prashant Krishnan urged banks to transform their relationship models to meet these demands.
Commentary
Built to last: How Japan is approaching the cross-border payments challenge
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai