Retail Banking
CIMB Thai moves to beef up thin capital buffers
It is planning to increase its capital by $120m through a rights issue.
CIMB Thai moves to beef up thin capital buffers
It is planning to increase its capital by $120m through a rights issue.
Hong Kong banks struggle to plug tech talent shortage
Engineers and developers are all in short supply.
China Merchants Bank's bloated retail loan book shields against trade conflict
Retail loans accounted for half of total lending as of end-December.
Australia's big banks move to preserve profitability in mortgage rate hike
It proves they remain able to retain pricing power despite intense scrutiny.
Philippine Veterans Bank moves to digitise consumer operations
It has tapped on solutions provider Fiserv Inc.
Can Vietnamese banks plug their massive capital shortage ahead of Basel II?
The banking system could face a $20b capital shortfall by 2020.
Regulators should heighten fintech oversight: DBS CEO
Ant Financial is an example of firms that need more oversight, Piyush Gupta says.
Singapore seeks to tighten cybersecurity rules on financial institutions
It will require FIs to implement 6 measures that will address flaws in a timely manner.
Bank of China bets on tech to boost dismal fee performance
It has embarked on 28 technology projects so far.
Australia's Westpac fined $25m for flawed mortgage approval system
There were miscalculations in the bank’s automated loan approval system.
Malaysian banks race fintechs in offering digital services to the emerging affluent
How are banks grabbing digital as an opportunity to provide convenience to its evolving clientele?
Why are Indonesian banks thinking twice about speeding up digitalisation?
Banks should strategise solutions and create lasting value propositions amidst the threat of cyber attacks.
UOB taps on Belt and Road opportunities in Shanghai Pudong Development Bank tie-up
The two banks will collaborate on investment advisory and other finance solutions.
OCBC blames software failure for 3-hour service outage
ATMs and banking channels were down during the outage on 1 September.
Weekly Global News Wrap Up: Abu Dhabi eyes three-way bank merger; ING fined with $900m over money laundering case
And Venezuela has imposed additional reserve requirements.
Chart of the Week: Malaysian banks CASA growth slower than total deposits in July
Total systems deposits growth picked up by 5.8% in July.
Trade tensions will not spare even the most mature APAC banks
High foreign currency exposure is a rising threat.