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Why you shouldn't miss ABF Retail Banking Forum 2020

Hear from the region’s top banking execs on how to stay ahead of changing industry trends.

Why you shouldn't miss ABF Retail Banking Forum 2020

Hear from the region’s top banking execs on how to stay ahead of changing industry trends.

Only 1 in 5 of APAC banks has an AML compliance strategy: study

Only 8% have an integrated system or specific executive to report these functions.

Malaysian banks' NPLs to rise as political turmoil adds to virus' impact

Asset quality problems may become permanent if disruptions persist.

Financial inclusion needs to be more than just about technology

Products need to be sustainable and scalable to meet the needs of the unbanked.

Malaysia's latest OPR cut needed to cushion COVID blow

The central bank slashed OPR to 2.5% amidst the virus’ global and domestic impacts.

Big three banks' wealth income expanded 18% in FY2019

Wealth made up 31% of OCBC and UOB’s total income.

Bank of East Asia to review its portfolio

Profits were nearly halved in Q4 2019 due to impairment losses from mainland China.

Weekly Global News Wrap: Goldman Sachs asks clients to skip New York meet; StanChart 2019 profits up 46%

And Italy’s Intesa Sanpaolo hires global banks as advisers in suprise takeover bid.

Taiwan's central bank to stabilise forex after US rate cut: report

The US made its first emergency cut since 2009 as COVID-19 continues to spread.

COVID-19 to hit banks in ASEAN's tourism-reliant countries

Local lenders in Singapore and Thailand are at most risk.

India's shadow banks hit with $15.1b in debt repayments

Meeting the deadlines will be a challenge given the domestic funding crunch.

World Bank launches $12b COVID-19 package for developing countries

It aims to strengthen countries’ health services and support the private sector.

Huge returns boost foreign banks' investment in India

Foreign annualised ROEs grew 9.9% in the six months until end-September.

Solvency improvements threaten Vietnamese banks' strong 2019 performance

The State Bank of Vietnam is expected to allow Basel II banks to grow loans faster.

MUFG-Morgan Stanley joint securities arm axes equities staff

Two managers and few research analysts were let go as a cost-cutting move.

China lets banks waive bad loans from COVID-hit firms

Qualified businesses can apply for delays until end-Q2.