News
More than half of Hong Kong banking professionals willing to work in GBA cities
Those employed in senior management positions are the most willing to transfer.
More than half of Hong Kong banking professionals willing to work in GBA cities
Those employed in senior management positions are the most willing to transfer.
Philippine banks' bad loan ratio to hold steady at 3.5% in 2019
Strong capital buffers can help weather volatile currency risks.
Australia's big banks profited $792m by subverting mortgage cap: regulator
The banks were accused of accomodative pricing behaviour.
Dementia sufferers catch Japanese banks off guard
Japanese residents with dementia will hold $2t in financial assets by 2030.
Chart of the Week: Australia and Hong Kong banks hit by negative property sentiment
The decline in property prices may drive loan impairments up.
Weekly Global News Wrap Up: US banks brace for deal frenzy as 2017 M&As doubled to $196.5b; JP Morgan targets mid-sized firms in European pivot
And UAE and Saudi Arabia have deployed digitla currency for settlements.
Thailand mulls harsher stance against cash transactions
Banks are considering additional fees as it aims to speed up e-payment adoption.
India's ATM industry struggles with steep compliance costs
Half of the infrastructure may close down by March 2019.
Chinese regulator refuses to let up on banking crackdown with $22m fine
This represents one of the largest penalties in 2018.
Singapore banks embark on hiring spree in fight against dirty money
As a result, IT security professionals can command up to 30% in pay hikes.
Hong Kong cuts down a third of virtual banking applicants
They failed to submit sufficient information on authorisation criteria.
Hong Kong's open banking movement lures interest beyond retail
SMEs and corporates also acknowledge the merits of the pivot.
APAC banks brace for slowdown as GDP growth peaks
Loan growth will slide across the region.
Emerging Asian banks may outpace developed peers in credit gains
The Philippine and Thai infrastructure campaigns will fuel borrowing.
Weekly Global News Wrap Up: Brexit may slash London bank assets by $909b; Swedish banks mull Stibor alternative
And EU is moving to enhance its money laundering defense.
Chart of the Week: Mortgage slowdown to hit Australian bank loans in 2019
Housing loans constitute over 60% of their overall banking credit.
Hong Kong banks make do with falling loan growth as earnings lifeline
Gains from Chinese business will remain limited.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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