Retail Banking
Vietnam steps up efforts to boost weakened banking sector
Vietnam steps up efforts to boost weakened banking sector
The government aims to have up to five banks listed on foreign bourses.
MUFG Bank eyes cutting domestic ATM network by 20% to 6,700
Online sales and cashless payments will fill in the gap.
Westpac appoints Craig Bright as chief information officer
He previously served as chief technology officer of Citigroup's global consumer bank unit.
Chinese banks' new loans hit $211b in July
The central bank has been encouraging lenders to step up lending.
Malaysia Public Bank profit up 4.8% to $341.84m in Q2
Its Islamic banking unit performed strongly.
India's Cosmos Bank loses $13.5m in crippling cyberattack
Hackers stole customer data through a malware attack on the ATM server.
Property curbs and trade war a double whammy for Singapore banks
The Big 3 unanimously expressed concern over heightened trade risks.
Weekly Global News Wrap Up: UK banks eye customised alerts to boost customer loyalty; Turkey eases banks' capital rules
And US fintechs remain cautious after the US banking charter plan.
Could Australia's sharp housing downturn be a blessing in disguise for embattled banks?
Much has been said about slower credit growth but banks could also look forward to improving asset quality.
Chart of the Week: Which Singapore bank pays their staff the most?
Despite a 5% decline in pay per head, this bank still has the largest pay.
Mega infra projects to boost Thai banks loan growth to 5% in 2018
Around $14b worth of construction projects will break ground this year.
Can foreign lenders break Vietnamese banks' legacy problem?
Foreign ownership caps and regulatory constraints block foreign bank entry.
Foreign banks in Korea cut asset pools amidst domestic rate hikes
Lenders slashed asset holdings by $5.93b in 2016.
Chinese commercial banks profit up 6.37% to $149.58b in H1
However, bad loans also rose from $26.56b to $284.64b in Q2.
Falling home prices to drag Australian banks' 2019 credit growth to 3.5%
Mortgages account for roughly 60% of their loan portfolio.
Vietnam cracks down on issuing foreign bank licenses
The move aims to encourage local banking mergers.
Regulator launches probe into Japanese regional banks internal audit
The move comes after a bank was alleged to have charged customers illicit commissions.