Retail Banking
Kakao Bank's earnings skyrocket ninefold in Q2
The bank’s outstanding loans came at $14.9b as of end-June.
Kakao Bank's earnings skyrocket ninefold in Q2
The bank’s outstanding loans came at $14.9b as of end-June.
DBS' H1 net profit nosedives 26% to S$2.41b
The bank has cast aside S$1.26b to bolster its balance sheet.
Citi names new appointees in APAC retail banking arm
This includes a newly-created role for the bank's high net worth clients.
Soft labour market drags on Singapore banks' consumer loans: analyst
Bank loans shrank for the first time since September 2016.
Japan's biggest banks on track to meet profit goals: report
MUFG, SMFG, and Mizuho Financial Group’s net profits totaled $3.7b in Q1.
Sumitomo Mitsui's profit plunged 60.1% to $812.74m in April-June
The group’s earnings per share is at around 59 cents or ¥62.83.
MUFG records 50% plunge in Q1 net profit to $1.73b
The fall was blamed on rising credit-related costs.
HSBC to hire up to 3,000 wealth planners in China
The first 100 people have already started in Guangzhou and Shanghai.
HSBC's H1 profit plunges 69% to $3.1b
Rising expected credit losses and lower revenue contributed to the fall.
Credit Suisse's APAC business reports highest level of credit provisions
The lender is bracing for losses linked to Luckin Coffee.
MUFG names Rob Ward as project finance, ESG finance head for Oceania
MUFG Bank has appointed Rob Ward as its head of project finance and head of ESG finance, the latter being a newly-created role for the Oceania region...
Meet ZA Bank, Hong Kong's first virtual-only lender
The bank’s slogan of co-creation belies a strong charm offensive of attractive deposit rates.
Citi names Lee Lung Nien as South Asia private bank head
His main task is to business development and client acquisition.
Hong Leong Bank floats extra support plan beyond end-September
Clients who will struggle to restart repaments may get an extension, based on a case-to-case basis.
Siam Commercial Bank's profits down 24% to $262.82m in Q2
The lender has set aside $305.4m of provisions given ongoing uncertainties.
Hong Kong-based wealth clients probed for pro-democracy ties
"Politically exposed persons" can have a hard time accessing banking services.
Regulator finds Westpac's non-financial risk culture “immature and reactive”
The bank is embarking on a multi-year program to address shortcomings.
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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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