Retail Banking
Citi Private Bank names Catherine Cheung as Asia Pacific strategist
Citi Private Bank names Catherine Cheung as Asia Pacific strategist
She will be based in Hong Kong and report to Ken Peng, Citi Private Bank’s Asia Pacific chief investment strategist.
Weekly Global News Wrap Up: World's shadow banks expand; US Senate banking bill clears procedural hurdle
And France rejects UK bid to include banks in EU trade deal.
Chart of the week: Check out how Vietnam banks' profitability improved in 2017
Stable economic conditions and a robust core income segment buoyed earnings.
India's largest bank fraud likely to swell beyond $2b
Most relevant documents on LoUs have not yet been recovered which may push the fraud value higher.
How will banks fare when Amazon finally offers checking accounts?
The tech giant is in talks with JPMorgan Chase to create a product similar to a checking account.
China $7b shadow banking industry threatens economic stability: FSB
Shadow lenders in the country account for about 15% of global high-risk non-bank loans.
India to merge 35 overseas branches of state banks after $2b fraud case
Nearly 70 more banks are under review.
Vietnam banks' average asset return rose to 0.9% in 2017
The healthy figures are partially due to strong core income segment.
Citibank Singapore launches consumer banking training for employees
It is the first bank in Singapore to train its staff by IBF standards.
Maybank Singapore's profit rose 11.5% to $1.92b in 2017
Its community financial services and Islamic banking arm performed strongly.
RHB Bank Berhad profit up 16% to $496.88m in 2017
Higher net funding income and lower impairment losses on loans boosted yearly earnings.
Retail Banking Forum 2018 kicks off in Manila with around 90 attendees
Key executives from the country's major banks graced the event.
Singapore loans grew 8% in 2017 but still lagged behind Hong Kong
A robust economy and optimism in the property market are slowly narrowing the gap.
Weekly Global News Wrap Up: EU Banking scandal intensifies; BoA to open 500 new branches
And Greek banks urged to put more effort to cut NPLs.
China banks' regulator revises rules for foreign banks and investment
The move aims to further open the country’s banking sector.
KBank taps Avaloq to grow its private banking arm
The project will be Avaloq’s first foray into Thailand.
Mastercard's Sambit Pattanayak to tackle data for profitable innovation at the 2018 Retail Banking Forum
He will join the forum as a thought leader.
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