News
HSBC axes top managerial posts in investment bank
Last month, the bank announced a temporary hold in redundancies.
HSBC axes top managerial posts in investment bank
Last month, the bank announced a temporary hold in redundancies.
Chart of the Week: Japan's card payments to grow 2.6% in 2020
ATM cash withdrawals are expected to fall by 5.5% during the year.
OCBC Singapore to hand out $698m in SME loans by 30 June
The bank will pass all cost savings to SMEs by lowering the interest rate.
Weekly Global News Wrap: World's ten largest banks sued for rigging US bond market; Banks want Europe to mimic US capital easing
And Credit Suisse gets approval to take a majority stake in a Chinese investment bank.
Singapore's big three banks to average 38% fall in Q1 earnings: analyst
Margins are expected to shrink 6-10 bps compared to Q4 2019.
Sumitomo Mitsui Financial Group to halt funding for coal plants
This marks the 18th global financial institution to exclude coal for funding in 2020.
A third of Malaysians will have digital-only bank accounts by 2025
About 4.7 million adult locals currently have a digital-only account.
A third of Hong Kong adults to have digital bank accounts in 2025: study
Currently, only 16% or 999,000 people own one.
Malaysian banks stick with dividend payouts
The regulator has yet to order a delay in doing so.
Economic woes fuel pressure on COVID-hit Japanese banks: Fitch Ratings
Asset quality will likely decay faster than estimated, impeding efforts to sustain profits.
Chart of the Week: India's fintech investments grew 19.1% in 2015-2019
In 2019, local firms raised $5.1b in total from 154 deals.
Weekly Global News Wrap: Global investment banks may consolidate; EU banks' profits still vulnerable despite buffers
And JPMorgan and Wells Fargo record steep Q1 profit declines.
Sri Lankan banks face medium-term deterioration
Weaker profitability will weigh on capitalisation.
Singapore regulator defers digital bank licence review to H2 2020
It had earlier planned to announce the successful applicants in June.
HSBC shareholders mull action after dividend payout scrapped
British regulators earlier told the bank to preserve capital as buffers.
Singapore banks urged to use capital buffers
The regulator has eased funding requirements to allow for more losses.
Singapore regulator injects $125m to support finance firms
It will support workforce training, operations and access to digital tools.
Thought Leadership Centre
In Association with
Resource Center
Read Here
Advertise
Sign Up
Event News
The bank’s digital solutions are winning over younger generations with 3.
Partner Sites
Thought Leadership Centre
In Association with