Retail Banking
Weekly Global News Wrap Up: US loan demand dips as SMEs turn to personal funds; Swiss lender BCP halts all business with Iran
Weekly Global News Wrap Up: US loan demand dips as SMEs turn to personal funds; Swiss lender BCP halts all business with Iran
And Bank of Nova Scotia’s Q2 earnings smashed analyst expectations.
Australian watchdog seeks staff integration into misbehaving banks to intensify oversight
The Australian Securities and Investments Commission is seeking funding for this purpose.
Lower expenses push Maybank profits up 10% to $477.39m in Q1
A surge in fee-based income outpaced growth in overhead expenses.
Strong SME lending buoys Taiwanese banks' growth prospects
Loans to the SME segment accounted for almost a third of total system loans.
China's banks are sidestepping the shadow banking crackdown
Issuance of structured deposits surged almost 47% to $1.4t in the year through March.
NAB hit by nationwide technology outage
Customers were unable to access banking services for a time.
OCBC rolls out financial advisory and lifestyle programme for elderly
It will train seniors on e-payments amongst other activities aimed at safeguarding their future.
India's massive bailout fails to buoy banks out of earnings rut
Little will be left for lending from the government’s $32b capital injection.
Foreign banks flock to Australia as local lenders reel from damning probe
Barclays, Societe Generale and ABN AMRO are amongst those taking advantage of the opening.
A tale of two cities: India's newest banks are some of the world's most profitable
AU Small Finance Bank’s return-on-equity hit 56% versus 11% for JPMorgan Chase.
The Philippines cuts bank reserve requirement ratio to 18%
However, the country still has one of the highest RRR levels in Asia.
Australian banks shrug off damaging probe as earnings rise in 1H2018
Latest financial results show improving asset quality despite an ongoing inquiry into banking malpractice.
Software AG's Jigar Bhansali to discuss how APIs push the frontiers of banking in this year's Retail Banking Forum
He will share how the API has the massive potential to introduce new ways of delivering banking services.
Foreign banks flock to Vietnam
Korean lenders have been eagerly expanding their foothold in the country.
State Bank of India expects recovery after hitting rock bottom with $1.13b Q4 loss
The bank expects to grow loans at an annual average of 12% and bring bad loans below 6%.
ANZ disposes another Asian asset in Cambodian JV stake sale
It will sell its 55% stake in Cambodian JV ANZ Royal Bank.
CBA sells stake in Chinese insurer amidst Asian exodus
It will sell 37.5% equity interest in BoComm Life to Mitsui Sumitomo Insurance.
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