Retail Banking
How UnionBank is future-proofing its workforce against digital disruptions
In anticipation of the future of work, it launched UnionBank University about a decade ago to stay ahead.
How UnionBank is future-proofing its workforce against digital disruptions
In anticipation of the future of work, it launched UnionBank University about a decade ago to stay ahead.
UBS Singapore fined $11.2m for deceptive practices by advisors
They did not inform the clients of higher spread or improved interbank price of bonds.
OCBC to enable PayNow fund transfers by January 2020
This will make Singapore the second country to launch new version of Google Pay.
Singapore's big three banks averaged total return of 12% YTD
DBS, OCBC and UOB have averaged an 8% YTD growth in net profit to a combined $11.85b.
China's ailing small lenders stay afloat through local government bailouts
In at least one deal, non-performing loans were sold at above-market rates.
DBS Group profits up 15% $1.63b in Q3
This was due to higher net interest income, loan growth, and fee income.
OCBC, DBS vying for Indonesia's Bank Permata
Bank Permata’s owners are seeking a valuation 1.6x of its book value.
DBS Hong Kong launches fully virtual wealth management account
Customers can now set-up a multi-currency savings and wealth management account through their smartphones.
Australian banks' earnings to remain under pressure in FY2020
No thanks to growing customer remediation costs.
Chart of the Week: China to dominate Asia's retail lending market
The domestic market will grow at a CAGR of 13.7% from 2019-2023.
Malaysian banks still struggle with sluggish loan growth
Loans grew by just 3.8% in September amidst persistent weakness in business loans.
Building a robust model risk management framework in financial institutions
With increasing volumes of data, and the introduction of Artificial Intelligence (AI) and Machine Learning (ML) technologies, models are at the heart...
Banks rethink business models as fintechs play catch-up
To hold their ground against fintechs, banks are redefining themselves.
OCBC launches instant account opening for startups
Startups no longer have to wait for a day to have an account.
UOB profits up 8% to $1.12b in Q3
This was driven by a healthy loan growth of 8%.
Thai banks hit by sluggish growth
Earnings rose by a marginal 1% in Q3.
Australian banks may issue euro bonds to meet capital requirements
They will need to raise $34.32-41.87b worth of Tier-2 capital by 2024.