Singapore
UOB launches its first digital bank in Thailand
UOB launches its first digital bank in Thailand
‘TMRW’ does not have a traditional app menu as it claims to learn a user’s preference over time.
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.
UBS slashes bonus pool for Asian investment bankers by 8%
The ongoing equities rout and stiffer competition for deals hit compensation packages.
DBS wealth management fees to shrink 1.3% in Q4
The bank's high-net worth clients are turning cautious amidst the market rout.
UOB launches high street Wealth Banking branch
It aims to cater to the 476,000 emerging affluent customers in Singapore.
Singapore banks shun risky trading over stable fees and commissions
The share of trading and investment securities income shrunk to 36% in 2018 from 47% in 2009.
Weekly Global News Wrap Up: US consumer loan demand takes hit in Q4; Canada housing slump prompts calls for looser mortgage rules
And HSBC is said to be cutting over 50 investment banking jobs.
Chart of the Week: Singapore banks' dividend yields eclipse ASEAN peers at 5.1% in 2019
Such levels are higher than banks in Indonesia and the Philippines.
3 in 5 Singaporeans believe fintechs are as trustworthy as banks: survey
Around 13% even believe that fintechs deserve more trust than old-guard lenders.
Foreign players can now buy into Myanmar's domestic banks
They can hold up to 35% stake in local lenders.
Citi targets 25% revenue growth from Asian trade corridors in 2019
The bank has over 20 desks in the region.
Singapore bank loans grow 3% in December
Business lending grew to 4.1% even as loans to consumers softened.
APAC's asset and wealth managers to hit US$29.6t in AUM by 2025
Shanghai is set to rise as an AWM hub along with Singapore and Hong Kong.
APAC banks feel left behind by Western peers in AI: survey
Two in five believe that lack of available talent is holding them back.
Singapore banks rev up tech hiring to plug digital vacancies
A fifth of job postings are for employees with digital skills.
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