Retail Banking
OCBC, DBS vying for Indonesia's Bank Permata
OCBC, DBS vying for Indonesia's Bank Permata
Bank Permata’s owners are seeking a valuation 1.6x of its book value.
DBS Hong Kong launches fully virtual wealth management account
Customers can now set-up a multi-currency savings and wealth management account through their smartphones.
Australian banks' earnings to remain under pressure in FY2020
No thanks to growing customer remediation costs.
Chart of the Week: China to dominate Asia's retail lending market
The domestic market will grow at a CAGR of 13.7% from 2019-2023.
Malaysian banks still struggle with sluggish loan growth
Loans grew by just 3.8% in September amidst persistent weakness in business loans.
Building a robust model risk management framework in financial institutions
With increasing volumes of data, and the introduction of Artificial Intelligence (AI) and Machine Learning (ML) technologies, models are at the heart...
Banks rethink business models as fintechs play catch-up
To hold their ground against fintechs, banks are redefining themselves.
OCBC launches instant account opening for startups
Startups no longer have to wait for a day to have an account.
UOB profits up 8% to $1.12b in Q3
This was driven by a healthy loan growth of 8%.
Thai banks hit by sluggish growth
Earnings rose by a marginal 1% in Q3.
Australian banks may issue euro bonds to meet capital requirements
They will need to raise $34.32-41.87b worth of Tier-2 capital by 2024.
Japanese banks to undergo stress test to assess defenses: source
The banks' capital and liquidity positions will be evaluated.
How can banks WOW the next generation of wealth?
Some might still perceive millennials as a generation of teenagers obsessed with avocado toasts and fancy festivals. However, the upper bracket of...
Singapore bank headcounts rise with tech talent boosting numbers
Banking staff at Singapore’s 18 largest commercial banks grew 5.47% in the last two years.
Australia's big banks may need to raise $12.6b to plug steep capital requirements
ANZ may see its CET1 ratio cut by about 75 bps.
Hong Kong cuts banks' capital buffer as protests persist
This releases an additional $25.5b into the economy.
Indonesian bank loans to accelerate 13% by 2020
Working capital and consumer loans are set to recover.