Retail Banking
Chart of the Week: Here's where Japanese banks' shrinking loan balances are hitting harder
More than half of lenders based in Chugoku, Koshinetsu, Shikoku and Tohoku earned less revenue.
Chart of the Week: Here's where Japanese banks' shrinking loan balances are hitting harder
More than half of lenders based in Chugoku, Koshinetsu, Shikoku and Tohoku earned less revenue.
Global Weekly News Wrap Up: Wells Fargo to shell out $386m to customers; JP Morgan kills mobile banking app a year after launch
And banks in the EU have paid $24.2b to central bank since 2014. From Reuters:
China launches risk hedging tool to ease jitters after Baoshang Bank takeover
It is offered to investors in the $289m worth of six-month certificates of deposit.
Korean banks step up game to lure baby boomers
KEB Hana will create a taskforce to focus on premium pension products.
QR payment deployment boosts DBS' SME cashless transactions by 70%
It only launched the feature four months ago. DBS revealed that it has seen a 70% increase in digital transactions from its SME customers and 25%...
Chart of the Week: Check out Vietnamese banks' return on average assets
It lags behind the Philippines and Indonesia.
Weekly Global News Wrap Up: JPMorgan faces deposit growth slowdown; Estonia to expedite crackdown on Europe's $230b dirty money scandal
And PayPal injects $11m in Swedish financial startup Tink.
Singapore banks' loan growth slows further to 1.37% in April
Housing loans fell to a three-month low at $202.76b.
Maybank's Q1 net profit down 3.20% to $430m
Its Singapore unit was hit by a loss before taxation of $19.05m. Maybank’s net profit in Q1 dipped 3.20% YoY to $430m (MYR1.81b) from $450m (MYR1.87b...
Chart of the Day: Japan banks' profitability still lag behind G7 peers
The sector’s return on assets hit 0.4% in H1 2018, below 1.2% in the US and over 0.8% in Australia. This chart from Moody’s Investors Service shows...
Weekly Global News Wrap Up: German banks need $5.9b additional capital buffer; Citigroup ditched Apple Card partnership talks: report
And UniCredit eyes to sell $5.6b worth of bad loans.
China's first bank seizure in decades highlights growing small bank risk
State-owned CCB will ba taking over the business of Baoshang Bank.
Indian banks maintain strong earnings momentum in Q4
Year-end interest income rose 15.6% amidst sustained credit recovery.
Bank of East Asia chief executive David Li to retire
His sons, Adrian David Li Man-kiu and Brian David Li Man-kiu, will pick up in their father's stead.
Singapore banks brace for higher risk weighted assets
RWAs could increase by 25% by 2022 and 80% by 2027.
Chinese regulators to take over regional lender Baoshang Bank
The regulators identified serious credit risks.
Singapore banks' fixed deposit rates to maintain sustained easing
FD rates have already started tapering off in April.