Retail Banking
Japanese banks hit by lower net interest income as loan demand dwindles
Intense Western competition is adding to the banking sector’s growing list of woes.
Japanese banks hit by lower net interest income as loan demand dwindles
Intense Western competition is adding to the banking sector’s growing list of woes.
Fraud-hit PNB needs $1.91b in capital infusion to meet regulatory requirements
The massive capital shortage is expected to cripple loan portfolio up to 2019.
Vietnam's OCB guns for $1b market cap in Vietnam IPO
The bank intends to sell $35m of shares via private placement in Q3.
China's shadow banking crackdown buoys offshore financing market
Moody’s notes that there are limits to how much banks can substitute for lower shadow credit levels.
Which APAC banks stand the most vulnerable to US tightening?
The impact spares no market in either developed and emerging Asia.
Westpac creates executive role to handle complaints amidst ongoing probe
It promoted corporate affairs manager Carolyn McCann to the role.
Vietnamese banks gun for greater market share of consumer finance pie
The local market is expected to be worth $44b by 2020.
Singapore introduces new reporting standards for banks
It will require data collection of RMB business activities and deposit rates to be rationalised.
Can succession business lift Japanese banks out of their earnings slump?
Regional banks may lose about 60% of inheritance funds.
Bad loan cleanup push Chinese banks profits up 5.1% to $242.03b in 2017
The weighted average NPL ratio dropped from 1.65% in 2016 to 1.55% in 2017.
Singapore private banking bonuses up by as much as 7% in 2017
Bankers of the ultra wealthy can also expect bonuses in the form of stocks and shares.
Amol Gupte reveals how Citi takes the fintech revolution as a positive disruption
The bank facilitates co-creation with fintechs which helped bag seven consecutive quarters of revenue growth in Asia Pacific.
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.
Fraud-hit PNB hammered by largest ever quarterly loss for an Indian bank
The state lender reported a $1.98b loss as it books provisions to cover a massive fraud.
MUFG weathers lacklustre lending gains after 2017 profits rose 6.8% to $8.98b
Lower bad loan expenses and gains from equity holdings buoyed earnings.
Maybank names John Chong as new group CEO of community financial services
He will replace Datuk Lim Hong Tat who will retire on 18 July 2018.