Retail Banking

Time to go back to basics for the Australian banking industry

Time to go back to basics for the Australian banking industry

Stirring beneath the Banking Royal Commission and amplified by the recent interest rate hikes is a sense of agitation amongst the Australian public...

CIMB group chairman Dato' Sri Nazir Razak to retire

He has been with the bank for nearly three decades.

Is Indonesia's bloated bank network prime for foreign takeover?

Mergers would be welcome in light of weakening rupiah.

Citibank Thailand completes acquisition of TISCO's consumer portfolio

The bank has added over 130,000 new accounts and $150m in receivables.

IFC seeks buyer for Vietnamese bank stake

This goes against the trend of greater investments in Vietnamese banks.

Capital crunch clouds Vietnamese banks' stellar half-year profit results

Lenders have been turning to IPOs and bond issuances to plug the gap.

Cautious corporates could drag Malaysian bank lending to 6% in 2018

Businesses are holding back borrowing as they await policy clarity.

Australia's NAB cuts executive salaries amidst probe

Total rewards for chief executive were cut by 11%.

Which Asian banks will lose steam amidst the silver population takeover?

India, Indonesia, and the Philippines will benefit from a favourable demographic shift whilst Korea and Japan will flounder.

Can Japanese banks plug the void left by retreating US lenders?

Cross-border exposure of Japanese banks have surged to $3.7t in March.

India eyes merger of 3 state banks to create country's third largest lender

Vijaya Bank, Dena Bank and Bank of Baroda will be consolidated.

Indonesian banks turn to EDCs to weather crippling rate hikes

Bank Mandiri is boosting transactions through electronic data captures.

Consumer banking chief Andrew Hagger leaves NAB

Andrew Hagger has led a division that has been the subject of a widespread inquiry.