Retail Banking
Citi launches digital reskilling programme
About 400 staff will begin training over the next 12 months.
Chinese bank asset growth slows to 6.6% in Q1 amidst deleveraging campaign
This compares to 15.7% a year ago.
Hong Kong banks may lose $14.68m in net assets following HKFRS 9
Replacing the incurred credit loss model is likely to shed off around 1% of net assets.
Singapore bank loans up 5.48% in May
Lending to businesses rose 5.78%.
Hong Kong banks' cost to income ratios improve despite larger digital investments
The figure dipped from 47.9% in 2016 to 42.5% in 2017.
Which Singapore banks are the most vulnerable to trade tensions?
The Greater China region represented a fourth of one bank’s profit before tax.
ANZ exits another market with pullout from Papua New Guinea
The bank is concentrating on institutional and corporate banking.
RCBC refuses to settle with Bangladesh over $81m heist in 2016
Hackers channeled stolen funds from Bangladesh Bank’s account at the Fed to RCBC.
Weekly Global News Wrap Up: BofA sued over $102m ‘Ponzi scheme'; Ireland mulls hiking counter cyclical capital buffer
And Russia may need to shell out another $1.6b as part of a bank bailout.
Chart of the Week: Non-bank Chinese exposure of Hong Kong banks doubles to 15% in 2017
Fitch, however, warns against the associated risks of greater Mainland exposure.
Indonesian banks poised for steady loan growth despite higher lending rates
Lending will be led by big banks who can lure clients from smaller players.
Rural lending woes come knocking at Australian banks
Lenders may not be willing to take risks with little return guarantees.
Can Indonesian banks survive US tightening amidst persistent rupiah weakness?
The Indonesian rupiah has plunged to a three-year low.
CBA spins off wealth management and mortgage broking units as inquiry unravels empire
The units will be demerged into a new company called CFS Group.
China slashes reserve requirement to counter trade war pressures
The move releases around $108b in fresh liquidity into the system.
Bank satisfaction deep dives in Australia after damning probe
The number of customers unlikely to recommend their bank hit a two-year peak.