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Weekly Global News Wrap Up: Two-thirds of its users would bank with Amazon; Americans still choose cash for small purchases
And Deutsche Bank will transfer more assets to Frankfurt after Brexit.
Weekly Global News Wrap Up: Two-thirds of its users would bank with Amazon; Americans still choose cash for small purchases
And Deutsche Bank will transfer more assets to Frankfurt after Brexit.
Can Japanese banks plug the void left by retreating US lenders?
Cross-border exposure of Japanese banks have surged to $3.7t in March.
India eyes merger of 3 state banks to create country's third largest lender
Vijaya Bank, Dena Bank and Bank of Baroda will be consolidated.
Hong Kong launches Faster Payment System in Smart Banking push
Consumers will soon be able to transfer funds instantly and without cost.
Singapore rolls out world's first unified payment QR code
SGQR will adopt 27 payment schemes.
Indonesian banks turn to EDCs to weather crippling rate hikes
Bank Mandiri is boosting transactions through electronic data captures.
Outdated property rules may bite Malaysia's Islamic banks
Real estate treatment by lenders still reflect Basel II norms.
South Korean banks' bad loans plunge to 10-year low in Q2
Loan delinquency ratio fell to 1.06% in June.
Indonesia joins Vietnam in slamming non-compliant Chinese e-wallets
E-wallets need to first tie up with local banks before operating.
Philippine banks to roll out electronic fund transfer by end-November
The government aims to boost cashless transactions from 1% to 20% by 2020.
Banks rev up robo-advisory push in Singapore
OCBC is the latest to roll out such service.
China's ultra rich poised to boost Hong Kong wealth assets by 50% in 2023
HNWIs from the Mainland are edging out AuM from other APAC markets.
Chinese banks new loans crashes to $186b in August as credit crunch hits SMEs
Banks have been shunning riskier corporates over consumer loans.
Indonesia moves forward with plan to standardise QR code payments
The central bank has already finished the technical-heavy stage.
Weekly Global News Wrap Up: German government reportedly open to Deutsche-Commerzbank merger; Tighter money laundering rules set for Danish banks
And should the US mimic the UK's morgage curbs?
Chart of the Week: Have Thai banks' credit costs peaked?
Credit costs have been on a steep uptrend in the past four years.
Philippine rural banks remain flush with money despite back-to-back branch closures
The sector’s assets rose 8.3% to $4.02b as of end-March.
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