Retail Banking
Singapore's central bank orders Swiss bank BSI to shut local operations for money laundering
It was also slapped with a S$13.3 million fine.
Singapore's central bank orders Swiss bank BSI to shut local operations for money laundering
It was also slapped with a S$13.3 million fine.
Citi launches voice biometrics authentication for Asia Pacific clients
It targets a million users within a year.
Banks in China and India face greater risks as FinTechs see rapid growth
But regulation will still play a key role.
Myanmar’s largest bank clinches licence to open office in Thailand
It’s the first Myanmar bank to have an international office.
Australia's four major banks warned of slower earnings growth as corporate loan impairments rise
Asset quality pressure will derive from multiple headwinds.
HSBC Singapore completes subsidiarisation of its retail banking and wealth management business
The Subsidiary will oversee HSBC’s RBWM business in Singapore.
Singapore banks hit hard by higher foreign non-performing loans
DBS and OCBC are leading the increase.
Singapore banks' profits to slide further as higher loan loss provisions bite: Moody's
O&G loans will require higher allowances.
Malaysian banks' loan-to-deposit ratio shows signs of an 'anomaly'
The ratio dipped to 87.7% despite contraction in deposits.
Kasikornbank's increased credit cost ceiling may not be fully utilized
It was raised from 170bps to 190bps.
CIMB Niaga's asset quality yet to stabilize as NPL ratio rises to 3.9%
The lower loan base is partly to blame.
DBS' net profit down 5% to $1.2b in Q1
Blame it on a one-off item last year.
Malaysian banks' loan growth slows to 6.4% in March 2016
On an annualized basis, growth was 1.2%.
HSBC Private Bank names Chris Harwood as market head for Malaysia
In a press release, HSBC Private Bank announced the appointment of Chris Harwood as Market Head for Malaysia, Global Private Banking, South East Asia...
OCBC’s Q1 profits drop 14% to $856m
Blame it on lower insurance, increased allowances.
UOB’s earnings slip 4.4% to $766m in Q1
No thanks to weak fee income, losses from associates.
Will Indonesia's massive digital banking appetite trigger branch closures?
In-bank transactions are becoming less popular.