Retail Banking
Indonesian banks poised for steady loan growth despite higher lending rates
Lending will be led by big banks who can lure clients from smaller players.
Indonesian banks poised for steady loan growth despite higher lending rates
Lending will be led by big banks who can lure clients from smaller players.
Rural lending woes come knocking at Australian banks
Lenders may not be willing to take risks with little return guarantees.
Can Indonesian banks survive US tightening amidst persistent rupiah weakness?
The Indonesian rupiah has plunged to a three-year low.
CBA spins off wealth management and mortgage broking units as inquiry unravels empire
The units will be demerged into a new company called CFS Group.
China slashes reserve requirement to counter trade war pressures
The move releases around $108b in fresh liquidity into the system.
Bank satisfaction deep dives in Australia after damning probe
The number of customers unlikely to recommend their bank hit a two-year peak.
Chinese audit office slams illegal activities by major banks
ICBC, BOC, and Citic extended loans to unqualified companies.
Two Japanese banks tie up with Philippines' RCBC
The move aims to bring more Japanese SMEs to the country.
Weekly Global News Wrap Up: BofAML to pay $42m fine for misleading customers; Wells Fargo mulls merger of wealth units
And Goldman Sachs is investing $500m into women-led and owned firms.
Strong economy to buoy Korean banks growth prospects
Corporate deleveraging is also expected to keep bad loans down.
Bank of Fukuoka taps BDO Unibank as Philippine partner
The partnership aims to serve the needs of Japanese clients seeking business expansion.
Falling credit costs soften earnings blow on Thai banks
Net profit is expected to edge up 5% in Q2.
OCBC eyes doubling profit to $1b from China's Greater Bay Area
The bank will channel $200m worth of investment in GBA over the next five years.
Hong Kong banks to hike prime rates by end-June
Tighter liquidity from mega IPOs will leave lenders with no other option.
Malaysian bank loan growth to hit 7% in 2018
However, policy uncertainty over new leadership may dampen sentiment.
Fed hike to boost interest income of Taiwanese banks
The country’s lenders own over $30b in US-denominated assets.
Robots could cut 10,000 Australian banking jobs over the next decade
The four major lenders slashed over 4,000 full-time roles in 2017.