Retail Banking
Korean regional banks look to SEA for growth
DGB Financial Group is aiming to open a bank branch in Vietnam. Regional lenders in Korea are betting on Southeast Asia for expansion amidst a...
Korean regional banks look to SEA for growth
DGB Financial Group is aiming to open a bank branch in Vietnam. Regional lenders in Korea are betting on Southeast Asia for expansion amidst a...
Can Australian banks meet heavier capital requirements?
The regulator is proposing an aggregate-level risk-weight floor based on internal ratings-based approach.
Malaysian banks lead Southeast Asia in board diversity
Women make up over a third of boards compared to only 9% in the Philippines.
Weekly Global News Wrap Up: Deutsche Bank to build $56b bad bank; Big Nordic banks cut compliance jobs
And banks in Nigeria are tapping on a growing youth demographic.
Chart of the Week: Indian banks' credit growth hit 13% in May
Home and retail sectors drove lending gains.
Singapore slaps three-year prohibition orders against former UBS banker
Paris Michele was discovered to have falsified company emails and forged documents.
Chart of the Week: Here's where Japanese banks' shrinking loan balances are hitting harder
More than half of lenders based in Chugoku, Koshinetsu, Shikoku and Tohoku earned less revenue.
Global Weekly News Wrap Up: Wells Fargo to shell out $386m to customers; JP Morgan kills mobile banking app a year after launch
And banks in the EU have paid $24.2b to central bank since 2014. From Reuters:
China launches risk hedging tool to ease jitters after Baoshang Bank takeover
It is offered to investors in the $289m worth of six-month certificates of deposit.
Korean banks step up game to lure baby boomers
KEB Hana will create a taskforce to focus on premium pension products.
QR payment deployment boosts DBS' SME cashless transactions by 70%
It only launched the feature four months ago. DBS revealed that it has seen a 70% increase in digital transactions from its SME customers and 25%...
Chart of the Week: Check out Vietnamese banks' return on average assets
It lags behind the Philippines and Indonesia.
Weekly Global News Wrap Up: JPMorgan faces deposit growth slowdown; Estonia to expedite crackdown on Europe's $230b dirty money scandal
And PayPal injects $11m in Swedish financial startup Tink.
Singapore banks' loan growth slows further to 1.37% in April
Housing loans fell to a three-month low at $202.76b.
Maybank's Q1 net profit down 3.20% to $430m
Its Singapore unit was hit by a loss before taxation of $19.05m. Maybank’s net profit in Q1 dipped 3.20% YoY to $430m (MYR1.81b) from $450m (MYR1.87b...
Chart of the Day: Japan banks' profitability still lag behind G7 peers
The sector’s return on assets hit 0.4% in H1 2018, below 1.2% in the US and over 0.8% in Australia. This chart from Moody’s Investors Service shows...
Weekly Global News Wrap Up: German banks need $5.9b additional capital buffer; Citigroup ditched Apple Card partnership talks: report
And UniCredit eyes to sell $5.6b worth of bad loans.