News
Hong Kong cuts down a third of virtual banking applicants
They failed to submit sufficient information on authorisation criteria.
Hong Kong cuts down a third of virtual banking applicants
They failed to submit sufficient information on authorisation criteria.
Hong Kong's open banking movement lures interest beyond retail
SMEs and corporates also acknowledge the merits of the pivot.
APAC banks brace for slowdown as GDP growth peaks
Loan growth will slide across the region.
Emerging Asian banks may outpace developed peers in credit gains
The Philippine and Thai infrastructure campaigns will fuel borrowing.
Weekly Global News Wrap Up: Brexit may slash London bank assets by $909b; Swedish banks mull Stibor alternative
And EU is moving to enhance its money laundering defense.
Chart of the Week: Mortgage slowdown to hit Australian bank loans in 2019
Housing loans constitute over 60% of their overall banking credit.
Hong Kong banks make do with falling loan growth as earnings lifeline
Gains from Chinese business will remain limited.
Indonesian banks refuse to pass rate hike burden to consumers
Borrowing costs remain low as lenders hope to stoke consumption.
Korean banks' bad loan ratio falls below 1% in Q3 for first time in a decade
Shipping corporates are making good headway in the crackdown.
Chinese banks' wealth management units greenlit to buy shares
It aims to boost market confidence amidst a cooling economy.
Hong Kong banks' loan growth eases to 2% in October
This represents the fourth straight month of decline.
China's shadow banking sector shrunk to $9.02t in January-September
Trust loans and entrusted loans dropped sharply.
High credit costs hit Indian banks' earnings turnaround
Net interest margins will widen at a snail's pace.
Chinese bank loan growth to hit 13.8% in 2019
The non-financial corporate segment will drive lending gains.
Singapore's October bank loan growth slows 3.41% to $671.74b
Business loans rose 3.35%.
China's explosive wealth boom triggers private bank hiring spree
Homegrown and international banks are aggressively hiring.
Weekly Global News Wrap Up: Eastern European bank M&A activity heats up; Scotiabank exits nine countries
And a Fed official has raised concern about US mobile payments.
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