Retail Banking
MUFG records 50% plunge in Q1 net profit to $1.73b
MUFG records 50% plunge in Q1 net profit to $1.73b
The fall was blamed on rising credit-related costs.
HSBC to hire up to 3,000 wealth planners in China
The first 100 people have already started in Guangzhou and Shanghai.
HSBC's H1 profit plunges 69% to $3.1b
Rising expected credit losses and lower revenue contributed to the fall.
Credit Suisse's APAC business reports highest level of credit provisions
The lender is bracing for losses linked to Luckin Coffee.
MUFG names Rob Ward as project finance, ESG finance head for Oceania
MUFG Bank has appointed Rob Ward as its head of project finance and head of ESG finance, the latter being a newly-created role for the Oceania region...
Meet ZA Bank, Hong Kong's first virtual-only lender
The bank’s slogan of co-creation belies a strong charm offensive of attractive deposit rates.
Citi names Lee Lung Nien as South Asia private bank head
His main task is to business development and client acquisition.
Hong Leong Bank floats extra support plan beyond end-September
Clients who will struggle to restart repaments may get an extension, based on a case-to-case basis.
Siam Commercial Bank's profits down 24% to $262.82m in Q2
The lender has set aside $305.4m of provisions given ongoing uncertainties.
Hong Kong-based wealth clients probed for pro-democracy ties
"Politically exposed persons" can have a hard time accessing banking services.
Regulator finds Westpac's non-financial risk culture “immature and reactive”
The bank is embarking on a multi-year program to address shortcomings.
Deutsche Bank's new Asia CEO picks Singapore over Hong Kong
The bank's new APAC ESG head will also be moving to the Lion City.
BEA China names new chief executive
The bank will digitalise their retail banking segment under his leadership.
Chinese lenders ask central bank to ease capital headroom
The easing would free up funds for loans to support the economy.
Thai banks' earnings down 20% in Q2: UOBKH
But banks may be able to pay dividends due to their solid capital.
Taiwan's Cathay Financial Holdings mulls raising stake in Indonesian bank
It may complete its due diligence next week.
Major Vietnamese bank signs with Temenos for digital wealth management services
It will be the first local bank to market differentiated services for high net worth individuals.
Thought Leadership Centre
In Association with
In Association with
Resource Center
Read Here
Advertise
Sign Up
Event News
Lorem Ipsum Three
Lorem Ipsum is simply dummy text of the printing and typesetting industry.
