Retail Banking
Australian banks shrug off damaging probe as earnings rise in 1H2018
Latest financial results show improving asset quality despite an ongoing inquiry into banking malpractice.
Australian banks shrug off damaging probe as earnings rise in 1H2018
Latest financial results show improving asset quality despite an ongoing inquiry into banking malpractice.
Software AG's Jigar Bhansali to discuss how APIs push the frontiers of banking in this year's Retail Banking Forum
He will share how the API has the massive potential to introduce new ways of delivering banking services.
Foreign banks flock to Vietnam
Korean lenders have been eagerly expanding their foothold in the country.
State Bank of India expects recovery after hitting rock bottom with $1.13b Q4 loss
The bank expects to grow loans at an annual average of 12% and bring bad loans below 6%.
ANZ disposes another Asian asset in Cambodian JV stake sale
It will sell its 55% stake in Cambodian JV ANZ Royal Bank.
CBA sells stake in Chinese insurer amidst Asian exodus
It will sell 37.5% equity interest in BoComm Life to Mitsui Sumitomo Insurance.
Singapore banks prefer customer deposits to current and savings accounts
Deposits to current and savings accounts jumped 9-13 ppts over 10 years.
Weekly Global News Wrap Up: Middle East banks seal takeover deals worth $8b; Fed rejects countercyclical capital buffer
And Fifth Third Bancorp is set to buy MB Financial for $4.7b.
MUFG Bank consolidates Asian branch operations to Manila
The Manila office will assume operations from Singapore, Sydney and Taipei.
Philippine bank assets up 11.31% to $300.3b in Q1
Stable savings and demand deposits buoyed healthy capitalisation levels.
South Korean banks intensify inter-Korean business preparations amidst peace talks
Banks have been studying how to forge closer economic ties with the North.
Japanese banks hit by lower net interest income as loan demand dwindles
Intense Western competition is adding to the banking sector’s growing list of woes.
Fraud-hit PNB needs $1.91b in capital infusion to meet regulatory requirements
The massive capital shortage is expected to cripple loan portfolio up to 2019.
Vietnam's OCB guns for $1b market cap in Vietnam IPO
The bank intends to sell $35m of shares via private placement in Q3.
China's shadow banking crackdown buoys offshore financing market
Moody’s notes that there are limits to how much banks can substitute for lower shadow credit levels.
Which APAC banks stand the most vulnerable to US tightening?
The impact spares no market in either developed and emerging Asia.
Westpac creates executive role to handle complaints amidst ongoing probe
It promoted corporate affairs manager Carolyn McCann to the role.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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