Retail Banking

Huge returns boost foreign banks' investment in India

Foreign annualised ROEs grew 9.9% in the six months until end-September.

Huge returns boost foreign banks' investment in India

Foreign annualised ROEs grew 9.9% in the six months until end-September.

MUFG-Morgan Stanley joint securities arm axes equities staff

Two managers and few research analysts were let go as a cost-cutting move.

Hong Leong Bank exceeds forecast with $330m net profit in H1 2020

Provisions declined with Q2 2020 net credit cost at 5bp.

Singapore banks face slower loan growth in H1 2020

The big three banks’ are expecting lower loan growth for FY20F on the back of the outbreak.

StanChart's earnings recovery to be delayed by COVID-19: S&P

The group’s target 10% RoTE will likely be delayed beyond 2021.

Krung Thai Bank faces headwinds over sluggish loan demand

Net loan growth rose 0.9% in January versus a 1.6% increase in December.

Virtual banking: ‘Unbanked' citizens a catalyst for economic reform in Indonesia

Approximately 2.5 billion people globally lack access to financial services and are forced to rely on inconvenient and often risky means to manage...

Philippine central bank bolsters small lenders' capital

Small banks should allot a minimum 6% CET1 ratio and 7.5% Tier 1 ratio.

Indonesia mulls BRI merger with two state-owned finance firms

The bank will be integrated with a pawnshop chain and a micro-business money firm.

HSBC targets overseas-minded customers with $1.4t wealth unit

They plan to focus on mortgages, wealth and insurance products, and unsecured lending.

COVID-19 outbreak may double Chinese banks' questionable loans

The loosening of regulations is a setback on China’s reformation efforts.

UOB's net profits up 8% to $3.08b in FY2019

A final dividend of $0.39 (S$0.55) and a special dividend of $0.14 (S$0.2) was as recommended.

UOB to launch digital bank in Indonesia

TMRW is on track to be marginal profit positive in five years.

DBS to give abridged Q1, Q3 financial disclosures

These updates will supplement the half-year and full-year reports.

OCBC's net profits up 34% to S$1.24b in Q4 2019

Core net profit leapt 10% to S$4.9b in FY 2019.