Retail Banking
Emerging Asian banks may outpace developed peers in credit gains
The Philippine and Thai infrastructure campaigns will fuel borrowing.
Emerging Asian banks may outpace developed peers in credit gains
The Philippine and Thai infrastructure campaigns will fuel borrowing.
CIMB Group profits rose 4.1% to $283.8m in Q3
Non-interest income surged 19.9%.
Global wealth managers double down to capture Asia's tech-savvy crazy rich millennials
Innovative fintechs are filling in gaps in order to meet the complex digital demands of this booming client base.
Weekly Global News Wrap Up: Brexit may slash London bank assets by $909b; Swedish banks mull Stibor alternative
And EU is moving to enhance its money laundering defense.
Chart of the Week: Mortgage slowdown to hit Australian bank loans in 2019
Housing loans constitute over 60% of their overall banking credit.
Maybank profits down 3.5% to $471.31m in Q3
It was hit by the profit decline in the insurance division over higher contract liabilities.
Hong Leong Bank profits dip 0.6% to $154.75m in Q1
Net interest income declined 5.7%.
Hong Kong banks make do with falling loan growth as earnings lifeline
Gains from Chinese business will remain limited.
Standard Chartered moves to cut Dubai and Singapore jobs
Employees in the priority banking business will be affected.
RHB Bank profit up 18.4% to $138.84m in Q3
Net interest income rose 5%.
Chinese banks' wealth management units greenlit to buy shares
It aims to boost market confidence amidst a cooling economy.
Hong Kong banks' loan growth eases to 2% in October
This represents the fourth straight month of decline.
High credit costs hit Indian banks' earnings turnaround
Net interest margins will widen at a snail's pace.
Chinese bank loan growth to hit 13.8% in 2019
The non-financial corporate segment will drive lending gains.
Singapore's October bank loan growth slows 3.41% to $671.74b
Business loans rose 3.35%.
Weekly Global News Wrap Up: Eastern European bank M&A activity heats up; Scotiabank exits nine countries
And a Fed official has raised concern about US mobile payments.
Chart of the Week: Retail deliquencies add to Chinese banks' bad loan problem
Lenders have been growing their retail units in chase of higher yields.