Retail Banking

DBS wants more private bankers to tap Asia's ultra rich

It eyes boosting its current pool of 200 private bankers by 10-20%.

DBS wants more private bankers to tap Asia's ultra rich

It eyes boosting its current pool of 200 private bankers by 10-20%.

Bad loan provisions are the biggest challenge for State Bank of India

This alarms the bank even as credit has grown from a three-decade low.

Siam Commercial Bank to save $252m from staff layoffs and branch closures

This move is part of the bank's digital 2020 SCB Vision efforts.

Citi names Sujoy Ghosh as regional head of insurance Asia Pacific

He joins Citi with oversight of the bank’s consumer banking insurance business.

Chart of the Week: Find out how big Thai banks' bancassurance partnerships boost fee income

It's a win for overall profitability that has been under high credit costs.

DBS unveils online payments solution to simplify SMEs' bill payments

This is through a partnership with software company Xero.

Indonesian banks have no more room for rate cuts in 2018

Cutting their reference rate twice in June and September 2017 is enough.

Big thai banks to suffer weak FY17F results

No thanks to higher provision expenses and lower non-interest income.

China unveils rules to clamp down on financial risk

China Banking Regulatory Commission targets to eliminate "chaos" in the financial system.

Philippines' new leverage framework to boost banks' resilience

Banks will be required to hold more capital and curb excessive credit growth.

Hong Kong banks to benefit from HKMA's proposed loss-absorbing capacity rules

These will facilitate loss absorption and recapitalization in case of bank failure.

New European guidelines may hit Asian banks

Medium-sized companies will take the most impact.

APAC financial services employment in 2017 increased 12% YoY

It provides an ideal springboard for more growth in 2018.

Siam Commercial Bank's 2017 net profit falls 9.4% to $1.35b

No thanks to the new accounting standard requirements effective 2019.

Standard Chartered unveils mortgage plan with fixed rate

The plan has a fixed rate of 1.68% p.a. for the first year.

China banks' regulator probes shadow banking woe

Outstanding assets of shadow banking in China reached $4.3t in December.