Retail Banking

UOB, Prudential Singapore launch women's savings account

It offers free insurance coverage against six women-related cancers.

UOB, Prudential Singapore launch women's savings account

It offers free insurance coverage against six women-related cancers.

HSBC confirms COVID-19 case in China, London offices

These cases are unrelated, interim CEO Noel Quinn said.

Why you shouldn't miss ABF Retail Banking Forum 2020

Hear from the region’s top banking execs on how to stay ahead of changing industry trends.

Deutsche Bank Wealth Management names two additions to APAC lending team

The appointees are based in Hong Kong and Singapore, respectively.

Malaysian banks' NPLs to rise as political turmoil adds to virus' impact

Asset quality problems may become permanent if disruptions persist.

Financial inclusion needs to be more than just about technology

Products need to be sustainable and scalable to meet the needs of the unbanked.

Big three banks' wealth income expanded 18% in FY2019

Wealth made up 31% of OCBC and UOB’s total income.

Bank of East Asia to review its portfolio

Profits were nearly halved in Q4 2019 due to impairment losses from mainland China.

Weekly Global News Wrap: Goldman Sachs asks clients to skip New York meet; StanChart 2019 profits up 46%

And Italy’s Intesa Sanpaolo hires global banks as advisers in suprise takeover bid.

COVID-19 to hit banks in ASEAN's tourism-reliant countries

Local lenders in Singapore and Thailand are at most risk.

Huge returns boost foreign banks' investment in India

Foreign annualised ROEs grew 9.9% in the six months until end-September.

MUFG-Morgan Stanley joint securities arm axes equities staff

Two managers and few research analysts were let go as a cost-cutting move.

Hong Leong Bank exceeds forecast with $330m net profit in H1 2020

Provisions declined with Q2 2020 net credit cost at 5bp.

Singapore banks face slower loan growth in H1 2020

The big three banks’ are expecting lower loan growth for FY20F on the back of the outbreak.

StanChart's earnings recovery to be delayed by COVID-19: S&P

The group’s target 10% RoTE will likely be delayed beyond 2021.

Krung Thai Bank faces headwinds over sluggish loan demand

Net loan growth rose 0.9% in January versus a 1.6% increase in December.