Retail Banking
Cambodian Public Bank secures cash settlement agent status
It will utilise the accreditation to promote securities trading to its customers.
Cambodian Public Bank secures cash settlement agent status
It will utilise the accreditation to promote securities trading to its customers.
Singapore wealth firm GIC buys 30% stake in Myanmar's Yoma Bank
GIC injected $88.7m in a latest funding round along with Norwegian private equity firm Norfund.
Weekly Global News Wrap: Credit Suisse sheds US private wealth bank; German mobile bank says they poached 250,000 customers from Chase and Citibank
And UBS plans to hire 20 managing directors for its US investment arm.
ASEAN supply chain shifts a win for Singapore banks
They will be attracted to the banks’ strong balance sheets and access to USD funding.
Bank Negara Indonesia may post 18% earnings growth for 2020: analyst
It will be driven by a projected NIM recovery and a decline in provision expenses.
Banks urge Hong Kong staff to work from home after travels from China
Global banks are stepping up their measures amidst the coronavirus scare.
Weekly Global News Wrap: HSBC to slash 100 equities staff, Bank of America plans to double its US market share
And JPMorgan is the latest bank to expand to Paris after Brexit.
Digital banks won't be a threat to big Singaporean banks: analyst
Singapore poses as a hard-ground for virtual entrants.
Morgan Stanley looks to hire 30 private bankers for Asia
The bank’s record 2019 profit was partly anchored by its wealth business.
Vietnam Prosperity Bank bags $212.5m financial package from IFC
It will be used to expand VPBank’s lending to SMEs especially and boost green financing.
ING names new CEO of APAC wholesale banking
Krista Baetens was chief risk officer for ING Belgium before taking the role.
Deutsche Bank Wealth management names new head of wealth discretionary
Siok Kuan Tham succeeded Tuan Huynh last 8 January. Deutsche Bank Wealth Management has appointed Siok Kuan Tham as head of wealth discretionary for...
Bushfires to have modest effect on Australian banks' credit losses: analysis
But losses from business lending could increase.
Physical bank branches still matter, consumer study reveals
But more than half won’t bank with an institution that doesn’t offer a digital experience.
Thai banks' net profits expected to grow 27% in Q4 2019
But earnings are down 6% over the same period due to higher operating expenses.
How KBZ Bank strides towards financial inclusion in Myanmar
They launched mobile wallet KBZPay, banking on the country's high smartphone penetration to improve financial connectivity.
Surge in Philippine property prices threaten banking system
A boom in the POGO sector led to a 10% YoY rise in residential real estate prices in Q3 2019.
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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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