Retail Banking
Maybank adopts cautious outlook amidst geopolitical tensions, volatility
The Malaysia lender saw its Q1 profits fall compared to the same period last year.
Maybank adopts cautious outlook amidst geopolitical tensions, volatility
The Malaysia lender saw its Q1 profits fall compared to the same period last year.
Asia’s Top 20 banks by revenue bounce back in 2021
But the recovery may not be sustained in 2022 as constraints pile up.
EastWest Bank to appoint new CEO, President
New CEO is current strategy consultant for the bank’s parent company Filinvest.
Bank of Singapore appoints wealth planning head for Greater China
The bank has also hired a senior wealth planner, to be based in Singapore.
Foreign banks in South Korea see earnings fall in 2021
Fee and commission income shrank by over 230% during the fiscal year.
Liechtenstein’s VP Bank scales up Asian operations with new hires
The bank has appointed Johnny Heng as head of its Singapore branch.
Lockdowns threaten Chinese banks' loan quality: analyst
Exposure to the ‘vulnerable’ engineering & construction sector could deteriorate asset quality.
Mizuho taps Deloitte partner as new exec, deputy compliance officer
The appointments are effective 1 June.
Citi Global Wealth appoints new COO
Valderrabano worked with Coca-Cola prior to joining Citi.
Malaysia’s new digital banks fated to remain niche in medium term
Regulatory limits and competition make it unlikely to break into the mainstream until 2026.
Thailand bank loans up 6.9% in Q1
Corporate loans continue to grow whilst consumer loans slowed amidst the Omicron outbreak.
Southeast Asia’s $290b Islamic bank market poised for growth: S&P
In Malaysia, Islamic banks may account as much as 45% of the commercial loan book.
Citi Hong Kong launches program for women seeking work after career break
Successful candidates will be placed in a range of roles based on experience and skill set.
Malaysia grants five digital bank licenses
Two will be Islamic digital banks.
RHB, Boost secure Malaysian digital bank license
Boost will own 60% of the digital bank whilst RHB will own 40%.
Singapore banks report lower earnings in unison
DBS, OCBC, and UOB all saw their profits fall 10% year-on-year.
Hong Kong banks face ‘brain drain’ as talents flee amidst strict travel restrictions
More expats may leave with their families when the school year ends mid-2022.
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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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