Retail Banking
UOB's profits up 18% to $2.96b in 2018
Total income for their Retail, Wholesale Banking and Global Markets also rose.
UOB's profits up 18% to $2.96b in 2018
Total income for their Retail, Wholesale Banking and Global Markets also rose.
OCBC profit up 11% to $4.49b in FY18
Net interest income rose 9% to $5.81b.
Europe-based LGT unveils wealth management business in Thailand
LGT Securities will complement the company's private bank efforts in Hong Kong and Singapore.
ICBC receives nod to set up wealth management unit
Nearly 30 banks have announced their intention to dive into this profitable business.
Weekly Global News Wrap Up: JPMorgan rolls out cryptocurrency; Estonia kicks out scandal-hit Danske bank
And the market rout weighed on HSBC's full-year earnings.
Chart of the Week: Thai banks raise capital shields against bad loans
Total capital adequacy ratios hit 18% in November 2018.
Singapore bank ROEs to hit over 11% in 2020
Thanks to the shift towards fees and commission in the non-interest income mix.
Indian banks swing back into the black in Q4
Earnings hit $21.56m with private banks leading the quarterly gains.
DBS cost-to-income ratio to ease to 43% in 2019
It rose 1.9 ppts in 2018 due to weak trading income and ANZ integration.
DBS full-year profit surged 28% to $4.15b
Fee income hit S$2.78b as led by card and wealth management.
India slaps 4 public sector lenders with $705,000 fine
Corporation Bank’s penalty hit $282,000.
Standard Chartered nabs former HSBC global banking head Chow Wan Thonh
She will succeed Patrick Lee who was promoted to CEO in July 2018.
DBS appoints former Citibank Singapore CEO as group head of strategy and planning
Han Kwee Juan is a veteran banker with a formidable 27-year career experience.
Weekly Global News Wrap Up: European banks struggle to lure talent against high-paying US players; EU banks face tougher hurdles in Saudi
And a Greek bank is gearing for $4b in bad loan sales.
Vietnamese banks call for higher foreign ownership ratio ceiling
Lenders are eager to meet capital requirements.
Thailand's GSB expands deposit network
GSB aims to have a total of 226,000 top-up points.
India eyes holding company structure for banks in bid to speed up consolidation: report
It has been proposed that a FHC will have the main bank as subsidiary.
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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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