Retail Banking
OCBC rolls out free online will writing service
Singapore residents and citizens aged 21 and above can prepare their own wills within 10 minutes.
OCBC rolls out free online will writing service
Singapore residents and citizens aged 21 and above can prepare their own wills within 10 minutes.
India's Bandhan Bank gears for $11.7b merger
The deal will create one of India’s largest rural and semi-urban lending platforms.
Singapore banks' earnings turnaround hit by steep funding costs
NIMs have inched up by 2-12 bp since 2015 even as the 3M SIBOR soared 58bp.
It's the most wonderful time of the year!
We're taking the time off!
Weekly Global News Wrap Up: Can global bank stocks bounce back in 2019?; Saxo Bank to buy Dutch online lender for $480m
And here's how Brexit is affecting Credit Suisse's wealth management strategy.
Chart of the Week: New Zealand proposes ambitious $9b bank capital buffers
The central bank is putting forward a prudential capital buffer of 9-10%.
China's fintech ecosystem is scaling faster than the US and Europe
Outside of China, fintechs are only able to disrupt one vertical unlike Alipay or WeChat Pay.
More than half of Hong Kong banking professionals willing to work in GBA cities
Those employed in senior management positions are the most willing to transfer.
Philippine banks' bad loan ratio to hold steady at 3.5% in 2019
Strong capital buffers can help weather volatile currency risks.
Australia's big banks profited $792m by subverting mortgage cap: regulator
The banks were accused of accomodative pricing behaviour.
Dementia sufferers catch Japanese banks off guard
Japanese residents with dementia will hold $2t in financial assets by 2030.
Weekly Global News Wrap Up: US banks brace for deal frenzy as 2017 M&As doubled to $196.5b; JP Morgan targets mid-sized firms in European pivot
And UAE and Saudi Arabia have deployed digitla currency for settlements.
India's ATM industry struggles with steep compliance costs
Half of the infrastructure may close down by March 2019.
Chinese regulator refuses to let up on banking crackdown with $22m fine
This represents one of the largest penalties in 2018.
Singapore banks embark on hiring spree in fight against dirty money
As a result, IT security professionals can command up to 30% in pay hikes.
HSBC installs ‘dementia' specialist staff in Hong Kong
They will assist the elderly with their finances.
APAC banks brace for slowdown as GDP growth peaks
Loan growth will slide across the region.