Singapore
Weekly Global News Wrap Up: Fintech firms can soon win US bank charters; Credit Suisse charged with rigging forex rates
And here's the key behind Standard Chartered's profit surge.
Weekly Global News Wrap Up: Fintech firms can soon win US bank charters; Credit Suisse charged with rigging forex rates
And here's the key behind Standard Chartered's profit surge.
Chart of the Week: Which Singapore bank enjoys the highest customer satisfaction?
Lenders with attractive interest rates stand the best chance.
UOB rolls out fully automated car loan application process
This cuts processing time from three days to 15 minutes.
Singapore bank lending up 5.9% to $673b in June
Corporate lending drove the monthly loan growth.
Will mortgage rate hikes boost Australian banks' bad loans?
Small banks have been lifting out-of-cycle mortgage rates in recent months.
Credit Suisse names Andy Tan as head of syndicate for Southeast Asia
He will report to Sergio Morita, head of AFG syndication & distribution.
Is branch banking still relevant as Singapore lenders migrate their services online?
The branch-lite push could result in lower office space demand.
SingHealth breach lays bare Singapore banks' cybersecurity risk
Digital info depository MyInfo remains a key target.
OCBC Q2 loan growth to hit 10% as Indonesian and Chinese arms outperform
Banking fees are also expected to rise 13.8%.
Saudi Arabia's National Commercial Bank profit up 6.7% to $688m in Q1
Higher fees and commissions buoyed quarterly earnings.
Singaporeans ditch bank visits to go mobile
Mobile banking usage has now overtaken branch visits by 15%.
Weekly Global News Wrap Up: UBS profit hits $1.3b; Barclays eyes India return
And Italy's Banca Carige is under investigation for market rigging.
Singapore banks urged to tighten verification processes after SingHealth attack
Financial institutions are discouraged from relying on the stolen information for customer verification.
OCBC appoints Melvyn Low as head of global transaction banking
He was previously ASEAN and Singapore head of treasury and trade solutions at Citibank N.A.
OCBC to slash bank teller jobs by half as it digitises branch operations
The bank has set aside $14m for the deployment of the new ATMs.
Singapore banks turn to China's wealthy to offset slumping stock markets
Some banks are eyeing family offices to serve Chinese entrepreneurs.
Tightening measures are hitting APAC banks more than Basel reforms
Lenders still need to launch extensive Basel implementation plans.
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Why Philippine banks, insurers embrace hyper-personalized services
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Insurance
Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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