Retail Banking

China’s new foreign-friendly financial market brimming with opportunities, but limits still abound

If authorities remove the “execution-only” restriction in WM Connect, money flows in the channel could grow ten times bigger than the $22.5b quota...

China’s new foreign-friendly financial market brimming with opportunities, but limits still abound

If authorities remove the “execution-only” restriction in WM Connect, money flows in the channel could grow ten times bigger than the $22.5b quota...

VP Bank appoints Chris Chee as Chief Risk Officer for Asian operations

He has held leadership positions in RBC Singapore, ANZ, UBS, and DBS.

Westpac hit with protest vote against exec pay plans: report

The Australian lender faces paying up to $81m for charging fees to dead people.

Why banks need more tech experts in their board rooms

Massive adoption of tech without critical tech advice from experts could spell doom for lenders.

Philippine-based BDO to reimburse 700 clients hit with online fraud

Clients allegedly lost thousands from unauthorised transfers to a UnionBank account.

Climate Risk and the Role of the Finance Sector

Climate change is the most urgent threat facing the world. It affects us all. The imminent risks are spelt out in detail in the recent IPCC Report...

Bank SinoPac wins big at the ABF Retail Banking Awards 2021

Its iBranch SinoPac addressed the pain points of the traditional branch service model through the O2O digital integration process.

UnionBank in talks to take over Citi’s consumer banking assets in the Philippines

Discussions between the two banks are at the preliminary stage.

CIMB Group core profits more than tripled in 9M 2021

But it reported weaker quarterly performance, largely due to its $309.8m Q3 expense.

How Hong Kong’s livi bank aims to make banking more rewarding

They are amongst the first bank in the city to roll-out buy now, pay later services.

Profits of Japan's megabanks to rise in next 12-18 months

All three banks’ profits jumped over 60% for the first six months of the current fiscal year.

4 in 5 Singaporeans prefer online methods of banking: survey

Less than one in ten, or only 4%, concentrate their banking activities at the ATM.

How financial services can heed regulators’ call for sustainable finance

Increased regulatory interest in sustainability will require financial institutions to address its ESG strategy, risk management, regulatory...

HSBC ahead of China wealth hiring targets, mulls re-entering India private banking

By end-2021, HSBC will have 64 working in its China onshore private banking.

UOB Q3 profit leaps 57% to S$1.05b

Net profit also saw a rise of 4% QoQ.