Retail Banking
India makes headway with public bank mergers
India is reportedly aiming to merge Punjab National Bank with up to three other banks.
India makes headway with public bank mergers
India is reportedly aiming to merge Punjab National Bank with up to three other banks.
HSBC to add over 1,000 China tech jobs
It will boost headcount at Guangzhou, Shanghai and Xi'an by 14% from the current 7,000.
ING unveils digital bank in the Philippines
It offers 2.5% interest rate on savings.
Singapore sets up banking conduct committee
It will serve as a platform for banks to self-asses and update industry codes of conduct.
Chart of the Week: Global ATM numbers drop for first time as China, India and Japan shun cash
The growing popularity of mobile payments is partially to blame.
Citibank appoints Brendan Carney as Singapore CEO
He was previously the consumer business manager (CBM) for South Korea.
How Thai lenders are building the bank branch of the future
Paperless applications and facial recognition tech for eKYC are key components.
Japanese megabanks' annual profits fall as ultra-low rates take toll
Mizuho's profits plunged 83% to $877m.
Which Singapore bank pays its staff the most?
This lender enjoys higher income from its institutional banking and treasury markets units.
Singapore banks stand strong against bad loan wave in Q1
The formation of new bad loans in Q1 was the lowest in five years.
Credit Suisse sets up family office unit in China
The Swiss lender named Tan Mae Shen as senior specialist for family office services in APAC.
Singapore bank NIMs up 3bps in Q1
UOB was the only weak link as margins shrunk 5bps.
Malaysian banks flex digital muscle to catch up with Asian peers
Employee upskilling is also a priority to ensure that workers can keep up with digital developments.
Japanese megabanks still reeling from lower net income
Sumitomo Mitsui projects a net income decrease of 4% to $6.39b in 2019. Bloomberg reported that Japanese megabanks are bracing for another tough year...
UOB to reduce reliance on Singapore
Nearly half or 40% of total group operating profit already comes outside Singapore.
Weekly Global News Wrap Up: HSBC, Citi, JPMorgan amongst those facing EU fines over forex rigging: report; UniCredit gears up for Commerzbank's bid
And Austrian Post is venturing into branch banking.
Philippine banks' profits surge 28% in Q1
Strong gains from trading and lending pushed up earnings.
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Why Philippine banks, insurers embrace hyper-personalized services
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Insurance
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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