Retail Banking
Property pickup buoys Singapore banks' glowing growth prospects
Housing and bridging loans are expected to receive a boost from the price boom.
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%.
Federal Bank profits plunge 44% to $21.48m in Q4 as corporate loans turn sour
Bad loans inched up to 1.7% in Q4.
ICICI slippages hit $2.28b in Q4 as stress loans moved into NPLs
However, the bank is nearing its asset quality downturn and improvements are in sight.
CFO Rob Jesudason leaves CBA
He is the fifth executive to leave the embattled bank.
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.
Is the worst over for Thai banks?
The sector is poised for profitability as it nears the end of the bad loan cycle.
Japanese banks reportedly mulling joint ATMs to cut massive losses
Declining loan demand is squeezing the profits of the country's lenders.
Philippine banks profits up 17.8% in Q1
Higher earnings from trading buoyed non interest income to $691.53m.
Hong Kong banks face heightened risks from close Chinese ties: Fitch
The credit rating agency noted that China's governance standards are lower than Hong Kong's.
CBA to shell out $18.67m in penalties for rate manipulation
The embattled bank has been accused of rigging the Bank Bill Swap Rate.
Wealth management fees buoy Singapore banks earnings in Q1
DBS, OCBC, and UOB all registered double-digit growth in fee income.
Housing downturn pushes Australian banks' credit growth down to 5.1% in March
Residential credit accounts for more than 60% of the banking system’s overall credit.
Higher interest expenses curbed BPI's growth in Q1
Net interest income fell from 13% to 9%.
Krung Thai Bank profits crash 21% to $211.67m in Q1
Loan growth remain subdued dragging net interest income to 6%.
Siam Commercial Bank profits down 5% to $354.87m in Q1
Higher operating expenses due to staff costs and digital efforts hit the bank’s earnings.
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