Retail Banking
HSBC faces third major overhaul
HSBC faces third major overhaul
Biggest market Hong Kong is hit with anti-government protests and the COVID-19 outbreak.
Wells Fargo mulls slashing 700 jobs in Manila
A portion of these roles will be moved to India.
Singapore to record anaemic loan growth of 1.5% in 2020
The COVID-19 and the expected monetary easing will weigh on banks.
Baoshang Bank's asset sale will dampen contagion risk: Moody's
Huishang Bank plans to buy some of its assets and form a new bank.
Hang Seng Bank floats relief measures for COVID-19 affected clients
Principal payment deferrals are offered for SMEs and commercial banking clients.
Bank of Singapore hires Celine Le Cotonnec as chief data officer
She will spearhead the bank’s data strategy and innovation efforts.
Taiwan banks will manage the impact of COVID-19 oubtreak: Fitch
But they will experience stress from SME and personal loans.
DBS Group's profits up 14% to $4.61b in 2019
A 17% growth in fee income boosted income in Q4.
Hong Kong banks' earnings to remain weak as coronavirus cripple operations
Around 20-30% of bank branches will likely temporarily close or shorten operating hours.
DBS expects net profit of $1.4b for Q4 2019
Quarterly earnings report will be out by 13 February.
Macau banks have sufficient buffers to weather near-term nCov risks
Outlook hangs on parent banks’ abilities to provide support.
Indonesian banks' cost pressures to persist in 2020
They will likely shift to higher cost funding in anticipation of loan demand growth.
Singapore banks modest for Q4 2019 due to slow loan growth, weak NIMs
But high FY2019 momentum should present higher dividends.
HSBC to slash senior managerial roles, presence in smaller markets
It is part of a strategic plan by interim CEO Noel Quinn to boost the bank’s profitability.
Thai banks' loan growths, asset quality may dwindle due to coronavirus
Profit levels, strong capital, and good coverage ratios may soften short-term impacts.
Credit Suisse calls off Hong Kong meet over coronavirus outbreak
The event was originally scheduled on 25-27 March.
Digital bank Xinja swipes more than $50m in deposits from Australia's big four banks
It hit $100m in deposits three weeks after its digital savings account launched.
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