Retail Banking
Citibank Hong Kong launches special personal loan
Clients can apply for loans up to $30,000.
Citibank Hong Kong launches special personal loan
Clients can apply for loans up to $30,000.
Singapore regulator urges clients to refrain from visiting financial firms
They are encouraged to use digital channels for their financial needs.
Singapore's big three banks to average 38% fall in Q1 earnings: analyst
Margins are expected to shrink 6-10 bps compared to Q4 2019.
Impact of COVID-19 on Indian Banks in the Near-Term
The COVID crisis has resulted in an unprecedented disruption to the economic activity, and will lead to major changes in operations of most industries...
A third of Malaysians will have digital-only bank accounts by 2025
About 4.7 million adult locals currently have a digital-only account.
Malaysian banks stick with dividend payouts
The regulator has yet to order a delay in doing so.
DBS to hold annual general meeting digitally on 30 April
It will focus on the agenda indicated in the original 9 March notice.
MUFG names new head of transaction banking for East Asia
Belinda Han previously worked for Standard Chartered Hong Kong and HSBC China.
Citi Singapore hands out $1,200 aid to employees
Around 1,600 will benefit from the compensation.
HSBC shareholders mull action after dividend payout scrapped
British regulators earlier told the bank to preserve capital as buffers.
Japan's banks exposed to higher property risk as buffers dwindle
Property prices may collapse if supply exceeds actual demand.
Bank of China HK's NIM contracts despite cross-border growth
The bank will likely focus on loan mix and deposit adjustment to reduce impact.
Hong Kong banks' asset quality battered by COVID-19 and protests
Exodus of corporate clients, mortgage risks, and dropping credit card use pose a big threat on revenues.
MUFG Bank names Pierre Ferland as co-head of global markets for Asia
He was the former CEO of MUFG Securities Asia.
India directs banks to operate during lockdown
This is to ensure that the government’s relief package reaches the poor.
Weekly Global News Wrap: Global banking systems may need restructuring; Major UK banks scrap dividend payments
And Goldman Sachs, Morgan Stanley OK’d for majority stakes in China ventures.
MUFG sees surge in firms needing COVID-related funding
Cash flow is evidently becoming a problem for Japanese companies.
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