Retail Banking
Hong Kong banks to benefit from HKMA's proposed loss-absorbing capacity rules
These will facilitate loss absorption and recapitalization in case of bank failure.
Hong Kong banks to benefit from HKMA's proposed loss-absorbing capacity rules
These will facilitate loss absorption and recapitalization in case of bank failure.
New European guidelines may hit Asian banks
Medium-sized companies will take the most impact.
APAC financial services employment in 2017 increased 12% YoY
It provides an ideal springboard for more growth in 2018.
Siam Commercial Bank's 2017 net profit falls 9.4% to $1.35b
No thanks to the new accounting standard requirements effective 2019.
Standard Chartered unveils mortgage plan with fixed rate
The plan has a fixed rate of 1.68% p.a. for the first year.
China banks' regulator probes shadow banking woe
Outstanding assets of shadow banking in China reached $4.3t in December.
Australian banks' profit growth to slow in 2018
No thanks to mounting pressure on business volumes and compliance cost.
Chinese banks' profit growth to hit double digits in 2018
It’s back to black after four years of stagnant earnings.
HSBC widens cash access network to 800 touchpoints
Now customers can make QuickCash withdrawals in 7-Eleven stores.
VietinBank migrates all debit card transactions
This is to improve issuance for international and domestic debit and credit cards.
Digitalisation in Malaysian banks creates 4,500 new jobs
New opportunities are focused on automation and IT.
IFRS 9 has ‘volatile' impact on Singapore banks' earnings
This is due to the change in calculating expected credit loss (ECL).
MUFG appoints Marie Diana Lynn Coronel-Singson as head of global corporate banking team in the Philippines
She is based in Manila and joins the bank January 17, 2018.
RHB Banking Group names Dr Arup Raha as chief economist and head of research
He will succeed Lim Chee Sing who retired in June 2017.
Weekly Global News Wrap Up: Citigroup to raise women's pay; JPMorgan, Wells Fargo commends tax law
And Turkey’s banks have reached their growth limit.
Chart of the Week: Here's how Chinese banks respond to fintech
They are developing new services and strengthening existing ones.
China to step up oversight on banks against financial risk
Long-term efforts are needed to bring the banking sector under control.
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