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Philippine banks' 2018 earnings up 6.4% to $3.45b
Big banks recorded a 9.3% profit increase to $3.09b.
Philippine banks' 2018 earnings up 6.4% to $3.45b
Big banks recorded a 9.3% profit increase to $3.09b.
Are Japanese banks flirting with danger in hunt for profit abroad?
Foreign securities account for up to 47% of total securities suggesting a larger risk appetite.
India's massive recapitalisation still leaves banks $23b short
The government’s bailout is not enough to boost loan growth.
Weekly Global News Wrap Up: US investment banks trample European peers in market share; Standard Chartered to cut $700m in costs
And banks in Zimbabwe have started trading new currency.
Chart of the Week: Singapore banks' NIMs rose to 1.8% in 2018
DBS outperformed OCBC and UOB with its NIM widening 9bp.
Japanese megabank edges out global trade financiers in customer satisfaction: survey
Citi, HSBC and Deutsche Bank all trail behind Mitsubishi UFJ.
Taiwanese banks' yuan deposits hit 56-month low in January
It fell to $43.13b.
Should New Zealand banks brace for earnings blow amidst higher capital requirements?
Major banks would need around $4,55b if the proposal is implemented.
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.
Indian shadow banks face cash crunch as developer defaults mount
Cash-short developers have to repay around $18.15b in outstanding debt.
Korea sets up open interbank payment network to boost fintech
Available to nonbank players, the scheme aims to lower required usage costs.
Chinese commercial banks' profit up 4.72% to $273b in Q4
The sector’s bad loans ratio fell mildly to 1.83%.
Philippine rural banks call to stop shrinking industry
Around 139 rural lenders have shut down operations since 2009.
Cash and cheques still account for 40% of Singapore payments
Hawker centres, food courts and wet markets remain heavily dependent on cash.
Japanese investment banks lose out to global players in M&A spree
US heavyweights may be in a stronger position to advise on foreign targets.
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.