Retail Banking
Hong Kong residents dash for offshore accounts amidst China security law
Hong Kong residents dash for offshore accounts amidst China security law
HSBC and Standard Chartered have seen high surges in enquiries.
Easing rules on public funding delivers capital relief for Japanese banks
But it does not solve the long-term problem of weakening profitability.
MAS debunks report of large deposit flow from Hong Kong to Singapore
Don’t just refer to foreign currency deposits, Singapore's regulator said.
UOB reopens nine branches in Singapore starting 8 June
Two wealth banking centres are also reopening.
Finance firms must prepare for extended period of risk management: MAS
Close to 85% of the financial industry worked from home during the circuit breaker.
CIMB Group names new group CEO
CIMB Group Holdings Berhad has appointed Abdul Rahman Ahmad as new group CEO/executive director for CIMB and CEO/executive director for CIMB Bank...
Standard Chartered names new global wealth management head
Standard Chartered has appointed Marc van de Walle as its new global head of wealth management effective 6 July, according to a press note.
Asian equities lost up to $3.5t in investor wealth due to pandemic
Safeguarding wealth and low-risk assets will be investors’ focus.
Falling oil prices exacerbate asset risks in Asian banks
The downturn has exposed issues in governance and operating practices.
Standard Chartered Hong Kong appoints Lay Choo Ong as head of retail banking
Incumbent head Vicky Kong will take over as global head of wealth proposition.
The future of Asian banking in the digital age
In the last decade, Asia’s banking sector has not only led the world in global banking profit pools, assets and market capitalism but also in building...
HSBC sees significant growth in new APAC wealth arm
Double-digit growth is on the horizon over the next three years.
CIMB Singapore plays to its strengths, targets SMEs as industry turns digital
The bank is gearing up its tech and customer-employee experience as neobanks loom.
Chinese banks' volatile results posit hazy future for 2020
City commercial lenders’ profits followed a “V” curve from 2017-2019.
Japan's MUFG to shutter 40% of local branches by 2023
It also expects 6,000 job losses by that year.
DBS to hire over 2,000 people in Singapore amidst economic slump
More than half will be apprentices and specialised roles.
Asian bankers face ‘new normal' as they return to offices
Despite the measures, some have expressed relief at physically seeing their colleagues again.
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