Singapore
Westpac appoints Frances Cheung as head of macro strategy for Asia
Westpac Banking Corporation (Westpac) appointed Frances Cheung as Head of Macro Strategy, Asia, to further expand its Financial Markets capability and build deep relationships with Westpac’s clients in the region and globally.
Westpac appoints Frances Cheung as head of macro strategy for Asia
Westpac Banking Corporation (Westpac) appointed Frances Cheung as Head of Macro Strategy, Asia, to further expand its Financial Markets capability and build deep relationships with Westpac’s clients in the region and globally.
Why Singapore banks will still be laden with O&G woes
Every 10bps increase in credit cost estimate will cause a 7% cut in net profits.
Weekly Global News Wrap Up: Big US banks could see 20% profit jump; British banks to close 762 branches this year
And find out why Goldman Sachs will explain its trading strategy.
HSBC appoints Alan Turner as head of commercial banking for Singapore
In this role, Mr Turner will have responsibility for HSBC’s Large Corporates and Small and Medium Enterprise (SME) banking segments, as well as leading the Global Trade and Receivables Finance, and Global Liquidity and Cash Management solutions businesses in Singapore.
Singapore banks' wealth management fees to post double-digit growth
It formed up to 44% of banks' commission income in 1H17.
OCBC enables customers to make cashless payments with new mobile keyboard
Customers can now make e-payments without exiting their current mobile app.
Singapore banks' non-interest income to increase by up to 15%
Thanks to wealth management fees and net trading income.
Weekly Global News Wrap Up: US banks' profits up 10.7% to $48.3b; How big tech is disrupting banks
And find out why Frankfurt and Dublin seem to be winning the battle for Brexit jobs.
Chart of the Week: Singapore banks' ROEs to trend higher into FY18-19E
Maybank Kim Eng outlines three reasons behind this forecast.
OCBC's net profit to grow 3% in the next two years
This will be on the back of higher loan growth.
DBS invests $20m to train employees to become digital bankers
The bank will launch a programme that comprises AI-powered learning.
Why analysts see UOB's selective lending strategy attractive
The bank remains disciplined in its pricing.
Standard Chartered names Pedro Cardoso as global head, digital commerce
Standard Chartered announced that Pedro Cardoso has joined its Retail Banking team taking on the role of Global Head, Digital Commerce on 2 August 2017.
What will drive Singapore banks' sharp loan growth recovery?
The 7.6% growth in July was a significant improvement from the low of -2.7% in May 2016.
UBS appoints David Chin as Asia Pacific investment banking head
He will start in early September.
Bank of Tokyo-Mitsubishi UFJ appoints Sanjiv Vohra as co-head of corporate banking for Asia & Oceania
Vohra will join the bank on 4 September 2017.
Weekly Global News Wrap Up: Big banks beset by a US$340b bill for poor conduct; Bitcoin's unprecedented growth spur crypto-bubble fears
RBS to cut 880 IT jobs and Goldman Sachs to use personality tests in hiring.