Singapore
Singapore banks will suffer prolonged agony from O&G exposure for another two quarters
Bad loan ratio is likely to hit 20%-50%.
Singapore banks will suffer prolonged agony from O&G exposure for another two quarters
Bad loan ratio is likely to hit 20%-50%.
Standard Chartered's voice & virtual head Stuart Beaumont reveals why call volume to their contact centres declined 12%
Yet conversation lengths are longer, complaints are lower and sales are higher.
See how this bank bot chats with customers via Telegram, Facebook, and WeChat
The service is based on WAY4 Messenger Banking.
Four things APAC banks must do to stay ahead of the game
Driving a value-focused digital transformation is one.
Weekly Global News Wrap Up: US banks' profits up 1.4% to $43.6bn in 2Q16; European bankers’ bonuses slashed $2.5bn; Why tech talent shy away from banks
And HSBC executive pleads not guilty to conspiracy charges.
How badly will Singapore banks be hit if home prices slump 45%?
Profits could plunge as much as 24%.
DBS transforms bank platform with cloud technology
Next-gen credit risk management system is in the works.
Beyond Apple Pay: Which new digital wallets are gaining ground in Asia?
Find out from Standard Chartered, OCBC, EY, Krungsri, and TEB.
Top 3 threats that could cripple Asia Pacific banks' ROEs by 2018
Weakening balance sheets is one.
Weekly Global News Wrap Up: Standard Chartered, HSBC cut credit card products; Citigroup, AT&T end court battle; Banks mull over storing cash in vaults
And boutique banks nabs $100m away from Wall Street rivals.
Chart of the Week: See which Singapore bank is most exposed to O&G
This bank has 7% of loans for the sector.
Are more Asian banks daring to embrace cloud migrations?
DBS plans to migrate half of its workload by 2018 - will other banks follow suit?
Here’s why the risky oil and gas sector is the least of Singapore banks’ headaches
Another sector is the banks’ biggest pressure point.
Diebold completes acquisition of Wincor Nixdorf
Diebold Nixdorf began operations on 16 August.
Standard Chartered Bank launches fingerprint and voice biometric technologies across Asia, Africa and the Middle East
It's already live in Singapore, the UAE and India.
Weekly Global News Wrap Up: JPMorgan Chase builds more branches; HSBC, BofAML use blockchain in trade finance; RBS to move main office
Find out what happened in the global banking scene this week.
Stronger local currency squeezes Singapore banks' NIMs in 2Q16
Average net interest margin was at 1.74%.