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Can Hong Kong steal the wealth manager crown from Switzerland?
The banking secrecy capital's dominance has been on a steady decline since 2010.
Can Hong Kong steal the wealth manager crown from Switzerland?
The banking secrecy capital's dominance has been on a steady decline since 2010.
New financial reporting standards will not materially impact Malaysian bank assets: Moody's
MFRS 9 actually represent strengthened credit practices due to higher provision requirements.
Chinese banks turn to retail amidst tighter scrutiny in wealth
Operating income from the retail arm accounted for 37.56% of total bank income in 2017.
Fintech loan platform pushes to be Hong Kong's first licensed virtual bank
WeLab is backed by financial heavyweights like Alibaba and IFC.
Property pickup buoys Singapore banks' glowing growth prospects
Housing and bridging loans are expected to receive a boost from the price boom.
Banks are at the forefront of Singapore's future-ready upskilling charge
OCBC recently rolled out a massive $20m upskilling programme.
Weekly Global News Wrap Up: Mexico's banks misplaced about $20m in e-transfers; Deutsche Bank waves off Asian exit rumors
And it's a bad Q1 for German lender Commerzbank as profits drop 12%.
Chart of the Week: Check out the breakdown of Thai banks' bad loans
New NPL formation dropped to 66.4% of total bad loans in 2017.
Vietnam's loan growth beats new year slump after rising 5% from January to April
The government is doubling down on the country’s bad debt.
Australian bank inquiry could cut 8% of the country's finance jobs
Massive job cuts may be tantamount to losses seen during the 2008 global financial crisis.
Non mortgage loans dominate Korean bank lending in April
The government’s efforts to tighten home-backed lending appear to be paying off.
Japanese banks reportedly mulling joint ATMs to cut massive losses
Declining loan demand is squeezing the profits of the country's lenders.
Indonesia eyes tighter fintech regulations to curb loan shark activity
Fintech firms will be compelled to be registered with authorities.
Bad loans bog down Indian state banks with $1.4b loss in Q4
The banking sector is saddled with a massive $210b in problematic loans.
Number of Taiwanese bank branches plunge to five-year low in 2017
This translates to 3,417 branches still in operation.
Philippine banks profits up 17.8% in Q1
Higher earnings from trading buoyed non interest income to $691.53m.
Chinese banks' money supply received boost from RRR cut
Net interest margins are poised to widen amidst more loans to deploy.
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