Retail Banking
Singapore adds 7,800 jobs to fintech and financial services sector in 2016-2017
Growth was driven by the insurance and fund management industries.
Singapore adds 7,800 jobs to fintech and financial services sector in 2016-2017
Growth was driven by the insurance and fund management industries.
Malaysian bank lending posts dismal growth at 4.9% in May
Working capital loans remained weak.
Standard Chartered appoints Vishu Ramachandran as group head of retail banking
He was previously COO for consumer banking since 2012.
What can Hong Kong banks gain from turning away from BPOs?
Managed services may just be the way to add further value for banking customers.
China dominates world's largest banks even as Europe flexes financial muscle
Chinese lenders held the top four places in overall ranking based on Tier 1 capital.
Philippine bank lending surges 19.4% in May
Lending to wholesale and retail trade drove monthly loan growth.
DBS appoints Teck Long Tan as chief risk officer
He has been with the bank for 25 years.
Citi launches digital reskilling programme
About 400 staff will begin training over the next 12 months.
Chinese bank asset growth slows to 6.6% in Q1 amidst deleveraging campaign
This compares to 15.7% a year ago.
Hong Kong banks may lose $14.68m in net assets following HKFRS 9
Replacing the incurred credit loss model is likely to shed off around 1% of net assets.
Singapore bank loans up 5.48% in May
Lending to businesses rose 5.78%.
Hong Kong banks' cost to income ratios improve despite larger digital investments
The figure dipped from 47.9% in 2016 to 42.5% in 2017.
Which Singapore banks are the most vulnerable to trade tensions?
The Greater China region represented a fourth of one bank’s profit before tax.
ANZ exits another market with pullout from Papua New Guinea
The bank is concentrating on institutional and corporate banking.
RCBC refuses to settle with Bangladesh over $81m heist in 2016
Hackers channeled stolen funds from Bangladesh Bank’s account at the Fed to RCBC.
Weekly Global News Wrap Up: BofA sued over $102m ‘Ponzi scheme'; Ireland mulls hiking counter cyclical capital buffer
And Russia may need to shell out another $1.6b as part of a bank bailout.
Chart of the Week: Non-bank Chinese exposure of Hong Kong banks doubles to 15% in 2017
Fitch, however, warns against the associated risks of greater Mainland exposure.