Retail Banking
New financial reporting standards will not materially impact Malaysian bank assets: Moody's
New financial reporting standards will not materially impact Malaysian bank assets: Moody's
MFRS 9 actually represent strengthened credit practices due to higher provision requirements.
Chinese banks turn to retail amidst tighter scrutiny in wealth
Operating income from the retail arm accounted for 37.56% of total bank income in 2017.
Fraud-hit PNB hammered by largest ever quarterly loss for an Indian bank
The state lender reported a $1.98b loss as it books provisions to cover a massive fraud.
MUFG weathers lacklustre lending gains after 2017 profits rose 6.8% to $8.98b
Lower bad loan expenses and gains from equity holdings buoyed earnings.
Maybank names John Chong as new group CEO of community financial services
He will replace Datuk Lim Hong Tat who will retire on 18 July 2018.
Property pickup buoys Singapore banks' glowing growth prospects
Housing and bridging loans are expected to receive a boost from the price boom.
Banks are at the forefront of Singapore's future-ready upskilling charge
OCBC recently rolled out a massive $20m upskilling programme.
Weekly Global News Wrap Up: Mexico's banks misplaced about $20m in e-transfers; Deutsche Bank waves off Asian exit rumors
And it's a bad Q1 for German lender Commerzbank as profits drop 12%.
Federal Bank profits plunge 44% to $21.48m in Q4 as corporate loans turn sour
Bad loans inched up to 1.7% in Q4.
ICICI slippages hit $2.28b in Q4 as stress loans moved into NPLs
However, the bank is nearing its asset quality downturn and improvements are in sight.
CFO Rob Jesudason leaves CBA
He is the fifth executive to leave the embattled bank.
Australian bank inquiry could cut 8% of the country's finance jobs
Massive job cuts may be tantamount to losses seen during the 2008 global financial crisis.
Is the worst over for Thai banks?
The sector is poised for profitability as it nears the end of the bad loan cycle.
Japanese banks reportedly mulling joint ATMs to cut massive losses
Declining loan demand is squeezing the profits of the country's lenders.
Philippine banks profits up 17.8% in Q1
Higher earnings from trading buoyed non interest income to $691.53m.
Hong Kong banks face heightened risks from close Chinese ties: Fitch
The credit rating agency noted that China's governance standards are lower than Hong Kong's.
CBA to shell out $18.67m in penalties for rate manipulation
The embattled bank has been accused of rigging the Bank Bill Swap Rate.
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