Singapore
Can Ping An Bank weather weakening interest rates?
Its retail lending clients are less sensitive to borrowing rates..
Can Ping An Bank weather weakening interest rates?
Its retail lending clients are less sensitive to borrowing rates..
Standard Chartered names new digital channels and client data analytics head
Karina van Dyke will join the bank’s CCIB division in Singapore.
Chart of the Week: APAC banks not reliant on market-sensitive income
Further drops in prices of financial assets are likely if the COVID-19 outbreak persists.
Weekly Global News Wrap: JPMorgan reshuffles investment bank; Fintech firm LendingClub buys Radius Bank for $158m
And customers were outraged by N26 UK exit.
Deutsche Bank floats FX digital platform in Sri Lanka
Clients can pay in local currency between two Asian markets.
J.P. Morgan names new senior appointments for APAC
J.P. Morgan has appointed two new senior roles for its Asia Pacific operations.
Standard Chartered opens international banking and priority private centre in Singapore
It caters to clients with a minimum AUM of $1.5m.
High-yield non-financial Asian firms' default rate to rise 2.4% in 2020
China has been seeing an increased tolerance of defaults.
SGX FX futures trading volume hit $175.12b in January
USD/CNH and INR/USD futures both jumped.
Singapore to record anaemic loan growth of 1.5% in 2020
The COVID-19 and the expected monetary easing will weigh on banks.
Bank of Singapore hires Celine Le Cotonnec as chief data officer
She will spearhead the bank’s data strategy and innovation efforts.
DBS Group's profits up 14% to $4.61b in 2019
A 17% growth in fee income boosted income in Q4.
Asian Development Bank worsens debt conditions: World Bank head
He hit the development banks in Asia, Africa, and Europe for lending too quickly to debt-heavy countries.
Weekly Global News Wrap: Credit Suisse CEO out over spying scandal; Wells Fargo chief reshuffles management
And German online bank N26 exits the UK.
DBS expects net profit of $1.4b for Q4 2019
Quarterly earnings report will be out by 13 February.
Singapore's central bank urges boosting of finance measures vs nCov
Internal controls and demands for financial services should be managed.
Singapore, US to support financial data cross-border transfer
It will be allowed as long as financial regulators have access to data.