Retail Banking
MUFG Bank names Hoang Thi Tuong Khanh as Vietnam global corporate banking head
She will be based in Hanoi.
MUFG Bank names Hoang Thi Tuong Khanh as Vietnam global corporate banking head
She will be based in Hanoi.
Malaysia drops criminal charges vs Goldman Sachs over 1MDB
The bank has earlier agreed to pay $3.9b as settlement.
Weekly Global News Wrap: JPMorgan probing employee misuse of PPP funds; Watchdog rebukes Lloyds' unfair treatment of small firms
And Danske Bank pays up to $16m for over-charging clients.
Amidst a crisis, Hong Kong's Mox Bank sees boundless opportunities
The neobank has outlined a bold plan to kickstart a new generation of virtual-savvy customers.
Singapore regulator floats new SGD facility for banks
It will be launched in the week of 28 September.
JPMorgan names Philip Glickman as APAC merchant services head
He was previously with Mastercard.
Feeble asset quality, credit growth squeeze big Aussie banks
The full impact of the pandemic is yet to materialise.
Trials reflect weak economic ground for Cambodian banks
Wide credit-to-GDP elevate risks linked to economic imbalances.
CIMB sees H1 net profit drop to $189m
Elevated loan provisions triggered the fall.
Chinese banks with more shrewd NPLs see slim earnings hike
But banks are still likely to slash dividends.
Maybank's Q2 profit sinks more than half to $225.95m
Impairment allowances surged to $417m.
Huge capital gap hounds China's big banks
The gap could expand up to $943b by 2024.
Weekly Global News Wrap: JPMorgan to pay $1b for China fund JV; Credit Suisse mulls job cuts
And Australia's BNPL firm Afterpay to acquire Spain's Pagantis.
APAC banks face varying effects of ultra-low rates
Typical challenges include weak interest income and NIM compression.
Indonesia's Bank Mandiri face lower margins, climbing NPLs
The lender’s net interest margin contracted by 65 bp in H1 2020.
Chinese banks' liquidity still enough despite key metrics slumping
Asset quality grew 10.8% in Q2 from 9.4% a year earlier.
MUFG to pool funds for pandemic-hit firms
It will issue sustainable bonds totalling $1.42b.
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Why Philippine banks, insurers embrace hyper-personalized services
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Insurance
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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