News

Citi APAC rolls out gender diversity program for investment, securities arm

The program’s 50 top candidates will have the chance to be recruited by the bank.

Citi APAC rolls out gender diversity program for investment, securities arm

The program’s 50 top candidates will have the chance to be recruited by the bank.

Standard Chartered, EastWest on the blueprint for building the bank of the future

Data is the new oil, says Sarabjit Anand, Standard Chartered’s CIO for Singapore and ASEAN.

Low costs buoys Australian banks’ profits, but pressures to persist

Operating profit is 46% higher than last year, but pre-impairment earnings remain subdued.

HSG shares insights on modelling core banking IT for the digital economy

Sisi Yu gives us a glimpse of how banks can achieve higher performance through improved services.

OCBC net profit more than doubled in Q1, wealth on the rise

Wealth management income jumped 40% in Q1 from the previous quarter.

China’s digital currency fails to excite locals: report

Chinese people showed little interest in switching from mobile payment systems of Ant, Tencent.

Malaysia’s Maybank will no longer finance new coal activities: report

The bank was criticized by NGOs in Malaysia and Indonesia for funding coal plants.

Indonesia’s Bank Agro appoints Kaspar Situmorang as CEO, to build neobank

Bank Agro will build on app Pinang's clientele to build a digital-only bank.

OCBC remains in agile, flexible work arrangement after local COVID surge

SIngapore has scaled back the number of employees allowed in the office to 50% of the workforce.

Singapore's finance sector to create 6,500 jobs in 2021: regulator

Approximately 6,000 of these new jobs are permanent positions.

Swiss bank completes acquisition of BMO Private bank in Singapore, Hong Kong

The acquisition includes clients and BMO’s relationship management team.

DBS smashes record with S$2.01b net profit in Q1

DBS' net profit doubled in the first quarter of 2021.

Singapore bank loans down for 10th straight month, but recovery in sight

The 0.2% drop in March was the smallest decline recorded since the indicator turned negative in June last year.

Banks in China, Japan still APAC’s largest lenders: S&P

S&P’s list of the region’s 50 largest banks saw 6 Chinese and 4 Japanese banks up top, whilst Australian banks slid down.

DBS, EY, Mox and more share how data, digital shape the future of banking

Over a hundred banking and finance professionals attended the ABF Retail Banking Digital Conference.