Retail Banking
Deutsche Bank appoints new Japan head of global transaction banking
Deutsche Bank appoints new Japan head of global transaction banking
                                                                                                 
                        
                          Rei Motoyama will replace Peter Massion effective 1 January.
                    
                                        
                    
                Indian asset risks rise amidst NBFC funding stresses
                                                                                                 
                        
                          The economy has grown dependent on non-bank lenders.
                    
                                        
                    
                Chinese financial firms' asset quality under duress amidst sluggish credit growth
                                                                                                 
                        
                          Credit pressure variations affect small banks, distressed asset management and leasing firms.
                    
                                        
                    
                Jardine Cycle & Carriage to sell shares in Bank Permata for $1.53b
                                                                                                 
                        
                          Proceeds will be used for investment purposes.
                    
                                        
                    
                Singapore banks to record flat EPS growth in 2020
                                                                                                 
                        
                          Any revenue expansion will be offset by increases in credit costs.
                    
                                        
                    
                South Korean banks stay ahead despite digital surge: report
                                                                                                 
                        
                          Fintech companies will stay focused on money transfers and other simple transaction services.
                    
                                        
                    
                Australian banks asset quality still strong despite surging mortgage arrears
                                                                                                 
                        
                          Capital ratios of major banks rose ahead of higher capital requirements by 1 January.
                    
                                        
                    
                APAC banks to face rising bad loans, shrinking margins in 2020: Moody's
                                                                                                 
                        
                          Rising credit provisions amidst falling interest rates will add pressure to banks’ profits.
                    
                                        
                    
                Weekly Global News Wrap: Morgan Stanley cuts 2% of its workforce; Saga floats virtual currency
                                                                                                 
                        
                          And Swedbank overhauls top management after a money laundering scandal.
                    
                                        
                    
                Hang Seng Bank names Yeo Chee Leong as new chief risk officer
                                                                                                 
                        
                          He previously served as head of wholesale credit and market risk for two years.
                    
                                        
                    
                Malaysian SMEs complete UOB-backed digitisation programme
                                                                                                 
                        
                          It is expected to improve their productivity by up to 30%.
                    
                                        
                    
                China to list 10 commercial banks as D-SIBS
                                                                                                 
                        
                          The ‘big’ four banks are likely to fall one rank below being identified as most systemically important.
                    
                                        
                    
                Retail investors opt out of Postal Savings Bank of China's Shanghai listing
                                                                                                 
                        
                          China’s biggest bank by branches is seeking up to $4b in proceeds.
                    
                                        
                    
                Tougher times ahead for APAC banks as their risk appetite grows
                                                                                                 
                        
                          Conditions make it hard for banks to boost earnings without taking more risk.
                    
                                        
                    
                Weekly Global News Wrap: Deutsche Bank sells $50b in assets to Goldman Sachs; Lebanon to slash interest rates
                                                                                                 
                        
                          And 37 emerging markets cut their benchmark interest rates in November.
                    
                                        
                    
                Chinese regulation on ‘too big to fail' banks could reduce financial risk: analysts
                                                                                                 
                        
                          It will improve transparency in the sector.
                    
                                        
                    
                China's banks asset quality deteriorates as NPLs mount
                                                                                                 
                        
                          NPL ratio climbed 3 bps compared to end-2018.