Singapore
Chart of the Week: Singapore banks diversify funding source with covered bonds
Chart of the Week: Singapore banks diversify funding source with covered bonds
Covered bonds form 7% of total debt issued by DBS.
Affluent customers now more open to deal with machines instead of bankers, says Maybank's head of group wealth management
Alvin Lee says customers' private banking experience will be more driven by automated channels.
HSBC Private Bank appoints Ingrid Widjaja, Lim Chee Kong to lead Indonesia team
HSBC Private Bank today announced the expansion of its Indonesia coverage with the introduction of a new team. Under the new structure, there will be two teams for Indonesia led by Market Heads, Ingrid Widjaja and Lim Chee Kong, respectively. The expansion reflects the Bank’s commitment to growing its business and enhancing its client servicing capabilities in South East Asia.
Singapore banks' asset quality and profitability face downward pressure in 2017
But Moody's says impact will be manageable.
UOB unveils Young Professionals Solution to help millennials build wealth
Its 3 components are UOB One Account, UOB YOLO credit card, and the United SGD Fund.
Weekly Global News Wrap Up: Bitcoin ETF to have a significant upside; Citigroup's profits to benefit less from tax cuts
And Indonesia bans JPMorgan from the next dollar sukuk issuance.
Singapore banks' loan growth suffers 11th consecutive month of negative growth in November
Asset quality continues to worsen.
Christmas comes but once a year!
Santa and his dearest cats are taking the time off!
Chinese and Indian banks to drive global Additional Tier 1 issuance in 2017
Indian banks issued around USD2.8bn so far in 2016.
Weekly Global News Wrap Up: Morgan Stanley, Credit Suisse to pay fines of up to $7b; HSBC to shut 57 branches in early 2017
And Deutsche Bank feared to shake the entire European banking system.
Islamic banks turn to digital to serve underbanked Asian markets
Check out what OCBC NISP, Bank Dhofar, and CIMB Islamic have to say.
Bank of Singapore mulls setting up private bank in London
Its CEO says London has become 20% cheaper.
Citi gets new license to expand trustee services in Singapore
It will now be able to act as trustee for Singapore collective investment schemes.
Cracking the Asian banks' big data conundrum
How can banks improve the clients' banking experience without compromising data security?
Asian banks' funding and liquidity remains a credit strength: Moody's
Banks in Asia are mostly deposit-funded.
Chart of the Week: Check out the Singapore banks' NPL ratios by sector
Overall NPL ratio increased to 2.1%, led by manufacturing, and transport, storage and communications.
Weekly Global News Wrap Up: Wells Fargo punished for failing 'living will' test; SWIFT remains at risk of cyber attacks
And UniCredit to raise US$13.8b and shed 14,000 jobs.