Retail Banking

Baiduri Bank’s margins likely tepid in 2021, but with profits “satisfactory”: S&P

The bank is expected to see moderate credit growth and satisfactory profits.
4 hours ago

Baiduri Bank’s margins likely tepid in 2021, but with profits “satisfactory”: S&P

The bank is expected to see moderate credit growth and satisfactory profits.
4 hours ago

Philippines’ Security Bank celebrates 70th year anniversary

The bank has launched the “Better Banking” brand campaign to complement this.
8 hours ago

Chinese banks warned against rising bad debt as measures subside

CBIRC also warned against emerging local real estate bubbles.
7 days ago

China orders banks, insurers to draft 'living wills': report

This is to ensure that troubled financial institutions won't end up needing costly bailouts.
8 days ago

UNObank clinches Philippines’ third digital bank license

Parent DigibankASIA will work alongside partners Mambu, Backbase, and AWS in developing its services.
10 days ago

HSBC plans to split leadership of Asia with two co-heads: report

Wong protege David Liao and India’s Surendra Rosha are rumored to become co-heads.
11 days ago

Taiwan’s banking sector stable despite recent COVID infection spike: Fitch

All local banks’ outlooks remain stable thanks to Taiwan’s economic resilience.
15 days ago

Significant gaps remain in financial accessibility, awareness: study

Over half of both unbanked and banked individuals feel that they are underserved, Mambu’s study found.
16 days ago

Vietnamese banks’ profits to improve: Moody’s

Higher yields from their retail loans will push up earnings.
16 days ago

Philippines’ newest neobank aims to disrupt the industry with a dash of personality

Tonik Digital Bank wants to become the first bank brand in the country with “a sense of humor.”
17 days ago

HSBC exits US mass market retail banking, sells 90 branches

All personal, advance, and retail business banking customers with turnover below $5m are affected.
22 days ago

Weekly Global News Wrap: Long journey for EU banks' green goals; Wall Street banks to flaunt resilience before Congress

And Greece's Alpha Bank taps JPMorgan, Goldman Sachs for plans to boost capital.
23 days ago

Global banks on a hiring craze as they vie for rich Asians’ assets

HSBC, Goldman Sachs, and Citi are all eyeing a piece of the region's trillion-dollar financial market.
28 days ago

Qatar National Bank continues to be largest bank in MEA: S&P

It is also the 100th biggest bank globally.
29 days ago

Japan’s top internet-only bank seeks to scale Taiwan’s banking industry

Rakuten International Commercial Bank leverages its parent’s 20 years’ experience in Japan and its extensive global network of companies and partners.
1 month ago

Citi APAC adds nearly 650 new wealth professionals in 2021 so far

The group has added over $5b in net new money in Q1 alone.
1 month ago

Citi appoints new head for private banking arm in South Asia

Lee will have direct responsibility over the private bank arm of Singapore, Malaysia.
1 month ago