Retail Banking

South Korean banks stay ahead despite digital surge: report

Fintech companies will stay focused on money transfers and other simple transaction services.

South Korean banks stay ahead despite digital surge: report

Fintech companies will stay focused on money transfers and other simple transaction services.

Australian banks asset quality still strong despite surging mortgage arrears

Capital ratios of major banks rose ahead of higher capital requirements by 1 January.

APAC banks to face rising bad loans, shrinking margins in 2020: Moody's

Rising credit provisions amidst falling interest rates will add pressure to banks’ profits.

Weekly Global News Wrap: Morgan Stanley cuts 2% of its workforce; Saga floats virtual currency

And Swedbank overhauls top management after a money laundering scandal.

Hang Seng Bank names Yeo Chee Leong as new chief risk officer

He previously served as head of wholesale credit and market risk for two years.

Malaysian SMEs complete UOB-backed digitisation programme

It is expected to improve their productivity by up to 30%.

China to list 10 commercial banks as D-SIBS

The ‘big’ four banks are likely to fall one rank below being identified as most systemically important.

Retail investors opt out of Postal Savings Bank of China's Shanghai listing

China’s biggest bank by branches is seeking up to $4b in proceeds.

Tougher times ahead for APAC banks as their risk appetite grows

Conditions make it hard for banks to boost earnings without taking more risk.

China's banks asset quality deteriorates as NPLs mount

NPL ratio climbed 3 bps compared to end-2018.

Profit headwinds push banks to increase risk appetite

Asset quality metrics in APAC banks do not reflect the risks, Fitch noted.

Asset headwinds spell trouble for Singapore banks

OCBC and UOB have both flagged downgrades in some of their corporate accounts.

Unhedged investments threaten Japan banks' overseas profits

This is expanding into leveraged loans and collateralised loan obligations (CLOs).

Westpac chairman, CEO to step down amidst money laundering probe

The bank is the third of Australia’s major banks to lose executives after scandals for the past year.

Japan banks' profit declines to persist despite overseas expansion

Any gains overseas will not be able to equal the size of domestic assets.