Retail Banking
India's Cosmos Bank loses $13.5m in crippling cyberattack
Hackers stole customer data through a malware attack on the ATM server.
India's Cosmos Bank loses $13.5m in crippling cyberattack
Hackers stole customer data through a malware attack on the ATM server.
Property curbs and trade war a double whammy for Singapore banks
The Big 3 unanimously expressed concern over heightened trade risks.
Weekly Global News Wrap Up: UK banks eye customised alerts to boost customer loyalty; Turkey eases banks' capital rules
And US fintechs remain cautious after the US banking charter plan.
Could Australia's sharp housing downturn be a blessing in disguise for embattled banks?
Much has been said about slower credit growth but banks could also look forward to improving asset quality.
Chart of the Week: Which Singapore bank pays their staff the most?
Despite a 5% decline in pay per head, this bank still has the largest pay.
Mega infra projects to boost Thai banks loan growth to 5% in 2018
Around $14b worth of construction projects will break ground this year.
Can foreign lenders break Vietnamese banks' legacy problem?
Foreign ownership caps and regulatory constraints block foreign bank entry.
Foreign banks in Korea cut asset pools amidst domestic rate hikes
Lenders slashed asset holdings by $5.93b in 2016.
Chinese commercial banks profit up 6.37% to $149.58b in H1
However, bad loans also rose from $26.56b to $284.64b in Q2.
Falling home prices to drag Australian banks' 2019 credit growth to 3.5%
Mortgages account for roughly 60% of their loan portfolio.
Vietnam cracks down on issuing foreign bank licenses
The move aims to encourage local banking mergers.
Regulator launches probe into Japanese regional banks internal audit
The move comes after a bank was alleged to have charged customers illicit commissions.
Singapore bank headcount up by over 4,500 in H2
Staff numbers were boosted by DBS' acquisition of ANZ staff.
Hong Kong's sought-after bank relationship managers demand 30% wage hike
The Greater Bay Area project has fuelled demand for such candidates.
India's ailing banking sector sparks call for privatisation
The quality of bank boards should be prioritised.
The worst is almost over for worn out Indian banks
An earnings turnaround is in sight by 2020 as banks start shedding off bad loans.
Weekly Global News Wrap Up: Facebook in talks with banks to join Messenger; Wells Fargo accidentally foreclosed on 400 customers
And HSBC profit hit $10.7b in H1.
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