Retail Banking
Philippine central bank governor Nestor Espenilla Jr. passes away at 60
Philippine central bank governor Nestor Espenilla Jr. passes away at 60
He spearheaded the digitalisation of the retail payment system in the country.
Digitising investment suitability
For private banks and wealth managers, investment suitability is a hot regulatory topic and should be at the heart of front-office digitisation...
Chart of the Week: Singapore banks' NIMs rose to 1.8% in 2018
DBS outperformed OCBC and UOB with its NIM widening 9bp.
Should New Zealand banks brace for earnings blow amidst higher capital requirements?
Major banks would need around $4,55b if the proposal is implemented.
Taiwanese banks' yuan deposits hit 56-month low in January
It fell to $43.13b.
Asia's private banks receive income boost as discretionary mandates mount
The set-up is more lucrative than a pay per trade basis.
Japan's megabanks hit the brakes on regional expansion
Sumitomo’s loans to Asia stayed flat at $82b as it shifted focus to the US.
Malaysia's Public Bank profit down 5.3% to $345.31m in Q4
Earnings were hit by sluggish loan growth and a decline in asset management income.
The Philippines greenlights bank merger
AllBank will absorb the assets and liabilities of Rural Bank of Plaridel.
Chinese commercial banks' profit up 4.72% to $273b in Q4
The sector’s bad loans ratio fell mildly to 1.83%.
UOB NIMs to widen by 3bps in FY19: analyst
The bank’s SGD loan-to-deposit ratio remains the highest amongst its peers.
UOB's profits up 18% to $2.96b in 2018
Total income for their Retail, Wholesale Banking and Global Markets also rose.
OCBC profit up 11% to $4.49b in FY18
Net interest income rose 9% to $5.81b.
Europe-based LGT unveils wealth management business in Thailand
LGT Securities will complement the company's private bank efforts in Hong Kong and Singapore.
ICBC receives nod to set up wealth management unit
Nearly 30 banks have announced their intention to dive into this profitable business.
Weekly Global News Wrap Up: JPMorgan rolls out cryptocurrency; Estonia kicks out scandal-hit Danske bank
And the market rout weighed on HSBC's full-year earnings.
Chart of the Week: Thai banks raise capital shields against bad loans
Total capital adequacy ratios hit 18% in November 2018.