Retail Banking

How banks can prepare for the worst

Why do banks in Asia and the rest of the world have so much trouble managing operational risk?

How banks can prepare for the worst

Why do banks in Asia and the rest of the world have so much trouble managing operational risk?

The Philippines steps up rural bank shutdowns

A total of 10 smaller banks were closed in 2018 alone.

Hong Kong central bank slaps $5m fine on Shanghai Commercial Bank over money laundering breaches

SCOM failed to monitor its relationship with 33 customers with suspicious transactions.

South Korean banks' foreign currency deposits rebounds to $68.51b in July

A surge in euro-denominated savings boosted foreign deposits.

Vietnam steps up efforts to boost weakened banking sector

The government aims to have up to five banks listed on foreign bourses.

MUFG Bank eyes cutting domestic ATM network by 20% to 6,700

Online sales and cashless payments will fill in the gap.

Westpac appoints Craig Bright as chief information officer

He previously served as chief technology officer of Citigroup's global consumer bank unit.

Chinese banks' new loans hit $211b in July

The central bank has been encouraging lenders to step up lending.

Malaysia Public Bank profit up 4.8% to $341.84m in Q2

Its Islamic banking unit performed strongly.

India's Cosmos Bank loses $13.5m in crippling cyberattack

Hackers stole customer data through a malware attack on the ATM server.

Property curbs and trade war a double whammy for Singapore banks

The Big 3 unanimously expressed concern over heightened trade risks.

Could Australia's sharp housing downturn be a blessing in disguise for embattled banks?

Much has been said about slower credit growth but banks could also look forward to improving asset quality.

Chart of the Week: Which Singapore bank pays their staff the most?

Despite a 5% decline in pay per head, this bank still has the largest pay.

Mega infra projects to boost Thai banks loan growth to 5% in 2018

Around $14b worth of construction projects will break ground this year.