News
Australia's lending incumbents face threat as challenger banks enter fray
Volt Bank has finally managed to nab a full banking license.
Australia's lending incumbents face threat as challenger banks enter fray
Volt Bank has finally managed to nab a full banking license.
Will India's banks sink under weight of the country's worst water crisis?
Roughly 40% of banks' gross credit exposure are in sectors with significant water risks.
Vietnamese banks continue to grow consumer lending arms
Techcombank is allowing borrowers to loan up to 10 times their monthly income.
Taiwanese banks' yuan deposits shrinks to 4-year low in December
This represents the third straight month of decline.
Korea slaps $600,000 fine on 4 global banks over forex rigging
JP Morgan Chase faced the highest penalty of $223,000.
Thai banks weather digital fee waiver as 2018 earnings rise 8.2% to $6.69b
TMB Bank outperformed its peers as yearly profit surged 34%.
Chart of the Week: Singapore mortgage loans to grow 3% in 2019
The cooling measures will temper borrowing activities.
Weekly Global News Wrap Up: US banks beef up aid amidst shutdown; Wealth managers struggle as UBS flags lower revenue
And the Fed is probing Deutsche's relation to the Danske scandal.
Korean banks' 2019 profit to slow to $8.66b as home loans take hit
Residential property prices have been losing momentum.
Singapore banks' innovation labs struggle to retain talent
Their tasks may be clashing with the banks’ in-house tech teams.
Are Chinese banks put to risk as government calls to rev up POE lending?
The bad loan ratio of select sectors hit 4.7% compared to the 1.7% industry average.
Half of Hong Kong bank users willing to give third-party data access in open banking boost
They are more open to the tech than Australia and UK users.
Chart of the Week: Chinese bank capital receives boost as asset growth slows
Banks have been shifting to on-balance sheet activities.
Weekly Global News Wrap Up: US big banks' Q4 revenue disappoints amidst weak bond trading; Italian banks face $63b funding crunch
And here's why European Investment Bank is being sued.
China delays Visa and Mastercard entry as Unionpay remains unchallenged
The central bank has yet to issue formal acknowledgment.
Vietnamese banks' 2018 pre-tax profit surges 40% as bad debt crackdown pays off
Lenders were able to resolve $6.5b in soured loans.
Tech firms set to raise stake in Korea's internet-only banks
IT firms will soon be allowed to hold as much as 34% stake.