Singapore
Chart of the Week: Singapore banks' domestic loans struggled to grow in January
DBU corporate demand was weak during the Chinese New Year.
Chart of the Week: Singapore banks' domestic loans struggled to grow in January
DBU corporate demand was weak during the Chinese New Year.
OCBC faces pressing macro and micro risks
Unexpected and meaningful NPLs in the bank's core markets is one.
Singapore banks report muted deposit growth in January
Non-resident deposits were up 2.3%.
Asian Banking and Finance Retail Banking Awards 2017 now accepting nominations
Entries are accepted until May 12.
More Asians saying goodbye to cash
Around 470 billion cashless payments were made worldwide in 2015.
Singapore banks' credit costs won't decline anytime soon: analyst
What will keep costs elevated?
CIMB Singapore launches multi-feature current account for businesses
CIMB BusinessGo has a high base interest rate of 0.78%.
UOB enables businesses to pay suppliers via a virtual corporate credit card account
That is even if these parties do not accept card payments.
Chart of the Week: Singapore banks' non-interest income formed up to 43% of total income
DBS outperformed OCBC and UOB.
Weekly Global News Wrap Up: US banks report record 2016 profits; Bankers told to set up full-scale operations in Frankfurt post-Brexit
Barclays cuts bonuses and Wells Fargo launches robo advisor.
Here's a rundown of Singapore banks' O&G exposures in 4Q16
UOB has the lowest O&G exposure.
Bank of Singapore unveils branch in Dubai International Financial Centre
The branch is helmed by veteran banker Kirit Chauhan.
Standard Chartered Singapore's profit down 6% to US$1,489m in 2016
A weaker demand for Wealth Management products is partly to blame.
Singapore banks' loan growth to hit up to 4% in FY17
But foreign banks in Singapore are cutting their loan sizes.
Expect more banking chatbots in 2017
Chatbots went from novelty to mainstream in 2016.
Singapore banks' profitability to weaken slightly in 2017: Fitch
Average ROE fell to 10.4% in 2016, from 11.7% for 2015.
Weekly Global News Wrap Up: Losing banking jobs to EU imperils financial stability; Which US banks will benefit the most from tax cuts?
And Wells Fargo fires 4 executives.