Singapore
Weekly Global News Wrap Up: Aussie banks' lender returns on a downtrend; Regulator puts heat on Morgan Stanley for unethical sales practice
And the Deutsche Bank rout could already be affecting other European banks.
Weekly Global News Wrap Up: Aussie banks' lender returns on a downtrend; Regulator puts heat on Morgan Stanley for unethical sales practice
And the Deutsche Bank rout could already be affecting other European banks.
AsiaPac banks to bear the brunt of IFRS 9 implementation pressures
It could raise earnings volatility.
Fintechs give banks a run for their money, leverage on cryptocurrencies to cut costs in FX remittances
Find out what UOB, Krungsri, RHB, and KBANK have to say.
How will the retail bank of the future look like?
Will bank branches totally become a thing of the past?
Bank lending in Singapore inches up 1.1% to $604b in August
It expanded at the same pace it did in July.
Weekly Global News Wrap Up: No bailout for Deutsche Bank in sight; Wells Fargo probes sales practices
And a survey says Shanghai could be the next major financial hub.
Banks are fighting to remain relevant
Global banking is facing a perfect storm. In addition to weak economic growth, major regulatory challenges, and historically low interest rates, the industry also faces an intensifying threat stemming from changing consumer perceptions of traditional banks coupled with the emergence of new competitors offering attractive, personalised products.
Goldman Sachs to axe 90 investment bankers in Asia
Around 200 bankers will be left in the region.
Physical bank branches to die out soon in Singapore as banks step up digitisation: analysts
Branches only occupy 750,000 sqft of space in Singapore.
Are banks' voice biometric authentication technologies secure enough against data breaches?
Some experts say fingerprints and voice patterns should not be relied upon.
Weekly Global News Wrap Up: JPMorgan to nab a stake in InvestCloud; China’s shadow banking could lose $375b
And Deutsche Bank to convert billions worth of corporate loans into marketable securities.
UOB set to unveil contactless ATM machines
All its ATMs will be contactless by December 2018.
Weekly Global News Wrap Up: ABN Amro chief to step down in 2017; US banks step away from auto lending
And HSBC expects more banks to work with fintechs.
Is a cascade of defaults on the horizon for Singapore banks?
Cross-transaction among O&G firms are making traders jittery.
What has been mitigating Singapore banks contracting NIMs?
The three banks have been registering higher LDRs.
How can banks use data to protect market share, satisfy customers and respond to regulatory pressures?
Find out from IBM, Nomis Solutions, and Gemalto.
Weekly Global News Wrap Up: HSBC clients use selfies to open new accounts; Deutsche Bank mulls merger with Commerzbank
And Canada's newest bank targets Chinese families.