Retail Banking
Standard Chartered names three leaders to global transaction banking team
The three new hires are previously from J.P. Morgan, DBS, and Bank of America.
Standard Chartered names three leaders to global transaction banking team
The three new hires are previously from J.P. Morgan, DBS, and Bank of America.
Daegu Bank bets long-term with digital amidst home market issues
The Korean bank has turned its eyes to Seoul to grow its retail banking activities.
Gov’t ties to buoy Korea Development Bank's capitalisation
Problem loans are expected to rise, however.
No contagion risk for Vietnam banks from billionaire corruption scandal
But it exposed structural weaknesses in Vietnam’s banking and financial industry.
PH banks’ total assets expanded 9.2% to $439.3b in 2023
Both lending and investing activity grew during the period.
CIMB Thai’s de-risking and cost optimisation pays off
Moody’s Ratings says its asset quality, profitability and liquidity is “modest”.
Citi combines in Japan, North Asia, and Australia clusters
This covers markets in East Asia, Australia, New Zealand, Hong Kong and Macau.
Share buyback, Suncorp Metway deal won’t dent ANZ’s credit profile
S&P expects the SML acquisition to be completed in mid-2024.
Chinese banks dominant whilst Japan, South Korean banks’ assets falter
Australian and Singaporean banks’ assets remained steady, S&P’s study showed.
Olea, Standard Chartered forge alliance to empower SMEs
The alliance signals a proactive effort to support SMEs by leveraging digital innovation and financial services.
Australia’s Macquarie well-capitalised despite lower profits
Net profit fell by 32% for the fiscal year ended 31 March.
HSBC names ex-Citi banker as head of global banking in Singapore
Gilbert Ng has experience in corporate finance and risk management.
Higher costs and deteriorating loans slow BRI’s profit growth
Cost of capital rose 144 basis points in Q1.
No adverse effects on NAB’s capital after billion-dollar share buyback
Its core capital ratio remains at 11.75%, well-above the target range.
OCBC completes buy of PT Commonwealth Bank Indonesia
Full integration is targeted for Q4 2024.
MAS not extending pause on DBS’ non-essential activities
DBS will still keep the 1.8x multiplier in risk weighted assets, however.
How banks should rethink pricing
It’s not just about how much customers pay but also what benefits they get.