Retail Banking
Weekly Global News Wrap Up: Germany's mega-bank merger may cut around 30,000 jobs; Italy eyes renewing bad loan guarantee scheme
And JPMorgan launches checkless no-overdraft accounts.
Weekly Global News Wrap Up: Germany's mega-bank merger may cut around 30,000 jobs; Italy eyes renewing bad loan guarantee scheme
And JPMorgan launches checkless no-overdraft accounts.
Chart of the Week: Can Chinese banks plug SMEs gaping credit crunch?
Loans to SMEs by SOCBs dropped to -4% in 2018 from 12% the previous year.
Indonesian banks face liquidity crunch as loans pick up
Loans-to-deposit ratio rose 94% in 2018 from 89.6% the previous year.
Standard Chartered unit launches startup platform
SC Ventures Fintech Bridge will link the bank with promising startups, investors and accelerators.
Korean banks' foreign branches profit up 22% to $983m in 2018
Net income from Hong Kong, China and Vietnam rose sharply.
Mortgage recovery looms for UOB as residential market stabilises
Mortgages will grow to mid-single-digit in 2019 from 4.3% in 2018.
China to let up on shadow banking crackdown in 2019
Shadow banking assets fell to around 68% of GDP in 2018.
DBS poaches former Bank of Singapore private banker
Lee Woon Shiu will be responsible for leading the bank's wealth planning, family office and insurance business.
HSBC targets US$1b in additional wealth revenue by 2020 from Asia's super-rich
The bank is adding 1,300 roles that will be assigned primarily in Hong Kong, Singapore and China.
Japan's regional lenders outline dangers of ultra-low rates
They are also calling for commercial banks to expand beyond traditional banking.
RCBC files $2.47m defamation suit vs Bank of Bangladesh after massive cyberheist
RCBC thinks that the Bangladesh Bank should pay them at least $1.90m in damages and another $570,000 to its senior VP for similar damages.
UOB issues Singapore's first panda bond
The offering has a subscription rate of 2.7 times from asset managers and commercial bank investors.
Asian Banking and Finance Retail Banking Awards 2019 opens for nominations
Entries will be accepted until 10 May.
Weekly Global News Wrap Up: EU banks' foreign deposits fall amidst money laundering probe; Sweden mulls bank tax
And a California bill proposes creation of local banks.
Australian banks slammed over repayment delays
Customers had to pay for services they did not receive.
Malaysian bank loan growth up 5.6% in 2018
Corporates and households drove yearly lending demand.
Credit Suisse names Josephine Yap as head of Philippine representative office
She previously headed private wealth countryside at Metropolitan Bank and Trust Company.