Singapore

Analysts think receding fees would be the likely cause.

The new platform features a real-time asset monitor.

At the end of June, 3-month SIBOR has risen to 1.115%.

JPMorgan records most profitable year and Credit Suisse ends cost-cutting era.

That is if housing loans grow by up to 6%.

The service is available through PayNow.

The bank's new global head for design and client experience wants to introduce humanised, easy-to-use solutions instead.

This will come as bond yields ease.

And Rodney Lee was named Asia Commercial Bank's digitization head.

DBS Private Bank announced that John Ng has been appointed as the Head of Portfolio Counselling & Product Strategy. Part of the DBS Private Bank’s product advisory team, this is a newly created function and John will provide strategic portfolio advice and formulate model portfolios to cater to the various market segments. He will work closely with investment counsellors in the wealth management group to drive a consistent and institutionalised approach to portfolio recommendation, construction and review. John will report into Audra Seah, Head of Investment Advisory & Capital Markets Solutions. A career banker with over 23 years of experience, John was previously at Bank of Singapore, where he spent eight years building and managing the research teams in cash equities, bonds, funds and private equity. He was also responsible for product marketing which put together all product publications and communications. Prior to BOS, he was in asset management with Fortis Investments for four years in Europe. John started his career in corporate banking and project finance where he spent 11 years with various banks in Singapore and Hong Kong. John holds an MBA from the University of Chicago, and a bachelor’s degree from Curtin University, Australia. Said Audra Seah, Head of Investment Advisory & Capital Markets Solutions, DBS Private Bank, “As we further entrench our position as a leading wealth manager in Asia, we believe it is important to continue to deepen our talent pool and we are delighted to welcome John to the DBS family. John is a seasoned investment professional who brings with him a wealth of experience from asset management and various areas in banking. With him joining the team, he will be able to strengthen our advisory proposition and enhance the delivery of our financial and banking capabilities to our clients. We are fully committed to enhancing the client experience by combining the best of personal service and digital innovation with bespoke wealth solutions.”

Over 180 trophies were awarded to winning banks and insurance companies.

And find out why the new EU banking regulations are a 'headache'.

Asset quality risks are receding in most markets.

Meet OCBC and DBS's chatbots.

But high private sector debt still a key risk.

This follows the postponements by Hong Kong and Australia regulators.