News

Hong Kong banks loan growth rebounds 5.2% in November

Business sentiment recovered mildly as corporates ramped up borrowing.

Hong Kong banks loan growth rebounds 5.2% in November

Business sentiment recovered mildly as corporates ramped up borrowing.

Singapore banks' earnings turnaround hit by steep funding costs

NIMs have inched up by 2-12 bp since 2015 even as the 3M SIBOR soared 58bp.

Deutsche Bank sees exodus of 30% of workforce in Singapore and Hong Kong

This translates to almost 50 investment bankers leaving in the past six months.

Chart of the Week: New Zealand proposes ambitious $9b bank capital buffers

The central bank is putting forward a prudential capital buffer of 9-10%.

Hong Kong banking industry needs to amp up skills on fintech and cybersecurity: study

Only 2 in 5 industry professionals have gone through fintech training courses.

More than half of Hong Kong banking professionals willing to work in GBA cities

Those employed in senior management positions are the most willing to transfer.

Philippine banks' bad loan ratio to hold steady at 3.5% in 2019

Strong capital buffers can help weather volatile currency risks.

Australia's big banks profited $792m by subverting mortgage cap: regulator

The banks were accused of accomodative pricing behaviour.

Dementia sufferers catch Japanese banks off guard

Japanese residents with dementia will hold $2t in financial assets by 2030.

Thailand mulls harsher stance against cash transactions

Banks are considering additional fees as it aims to speed up e-payment adoption.

India's ATM industry struggles with steep compliance costs

Half of the infrastructure may close down by March 2019.

Singapore banks embark on hiring spree in fight against dirty money

As a result, IT security professionals can command up to 30% in pay hikes.