Retail Banking

CIMB hit by lower trading income in Q1 as growth remains muted

Risk aversion brought about by the general elections may impact its investment banking business.

CIMB hit by lower trading income in Q1 as growth remains muted

Risk aversion brought about by the general elections may impact its investment banking business.

Malaysian bank earnings growth may slow 9.7% in 2018 amidst new leadership

The results of Malaysia's 14th general elections may dampen sector growth.

Bad loans at South Korean banks dip to 1.18% in Q1

Improved profits also boosted capital adequacy.

CBA agrees to shell out record $529.3m penalty

The payment will settle money laundering charges brought by the financial intelligence agency.

Japanese mega banks expand to Saudi Arabia

MUFG is establishing a Riyadh subsidiary by October.

Chinese banks have yet to feel the brunt of deleveraging campaign

Lenders have been turning to negotiable certificates of deposit to offset interbank borrowing.

Thai banks set to feel pain from waived digital fees in Q2

There is an estimated 1% impact to FY18 earnings.

Indian state banks flounder amidst lack of leadership

The power vacuum adds to a growing list of woes plaguing the sector.

Weak payment culture raises credit risk of Philippine banks

The country’s financial resilience is also frail due to low-income levels.

India's Capital First receives go signal for IDFC Bank merger

This follows approval from the competition commission.

Weekly Global News Wrap Up: Wells Fargo sells 52 branches in Midwest exit; Societe Generale to pay $1.3b fine to end Libyan and US probe

And here’s why the British government sold 7.7% stake in Royal Bank of Scotland. From Reuters: Wells Fargo & Co is pulling back from retail banking...

Losses mount for Japanese banks as foreign bonds weaken

Lenders are running out of options to combat the ultra-low interest rate environment.

OCBC debuts all-digital account application

There will be no need to provide documents as it can easily link to national data repository MyInfo.

Blockbuster IPOs buoy Hong Kong loans 17.1% in April

The city is hosting the back-to-back flotations of Xiaomi and China Tower.

Philippine bank lending surges 20% to $141.95b in April

Loans to wholesale and retail trade rose 22.7% to $19.43b.

2018 Retail Banking Forum concludes 4-city road show in Bangkok

More than 90 delegates from Thailand's major banks graced the event.